NIFTY 50

Locust affected states account for 30-40% of company’s revenue, says Insecticides India

Updated : May 27, 2020 01:50 PM IST

India is witnessing the worst locust attack in over 26 years according to experts. Five states, namely Rajasthan, Madhya Pradesh, Haryana, Gujarat, and Punjab are severely hit while Vidharba in Maharashtra, Mathura in northern UP, and New Delhi haven’t been spared.

Rajesh Aggarwal, managing director of Insecticides India is in conversation with CNBC-TV18 shed light on their business impact due to these attacks.

“These are important states, it starts from Rajasthan coming down to Madhya Pradesh (MP), Gujarat, and then the further states. This includes almost 30-40 percent of Insecticides India’s business. These are the most important states from an agricultural perspective. If I include Maharashtra then maybe about 50 percent of the company’s total market is this, so it is a very important market.”
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV