 Image Source: NewsDrum
                        
                                                
                            Image Source: NewsDrum
                        
                                             
                                        Dhanuka Agritech Ltd has approved the purchase of land in Nagpur, Maharashtra, to set up a new formulation plant, a strategic move to expand manufacturing capacity and support growing market demand in agrochemical products.
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	Dhanuka Agritech Ltd’s Board has given the green light for the acquisition of land in Nagpur, Maharashtra, to establish a new formulation plant. This development marks a key step in the company’s growth strategy aimed at enhancing its production capacity and improving supply chain efficiency.
	 
	Key Highlights:
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		The proposed formulation plant reflects Dhanuka Agritech’s commitment to scaling its manufacturing footprint in India.
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		Board approval was granted after due diligence including title verification, compliance checks, and securing necessary regulatory permissions.
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		The Nagpur location offers strategic advantages such as better connectivity, logistic efficiencies, and access to raw materials.
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		This expansion aligns with Dhanuka’s plans to meet rising demand in the domestic and international agrochemical market.
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		The new facility will support product diversification, boosting the company’s competitive edge.
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		Alongside its existing investments in Dahej and research centers, the Nagpur plant underscores Dhanuka’s focus on innovation and sustainable growth.
	This land purchase is expected to further strengthen Dhanuka Agritech’s position as a leading agrochemical manufacturer in India.
	 
	Sources: NSE India, Dhanuka Agritech Corporate Filings
                     
                    
                    
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