For the nine-month period ending December 2024, Himadri recorded a 24 per cent increase in sales volumes, reaching 415,679 metric tons (MT), up from 335,265 MT during the same period last year.

The company's clients include Syngenta, Adama, Sumitomo Chemical, and UPL. 

With a greater emphasis on research and development, preserving long-term relationships with MNCs and delivering specialised chemicals, Indian chemical companies are moving up the value chain. Mandar Wagh outlines how urbanisation, greater capital expenditure by chemical companies, and India's proximity to the Middle East would all play a role in driving growth in this sector.

Company got environmental clearance for the expansion of the synthetic organic chemical manufacturing plant.