Superforms, a subsidiary of UPL Limited, will now focus on various markets beyond agriculture. The company will enter the lubricant, firefighters, mining, hygiene and food and drinks. Superform was formerly called UPL Specialty Chemicals Limited. India is a prominent player in the chemical industry worldwide. In the meantime, the superformum has made this strategic change. According to estimates, the Indian Chemistry market may reach $ 1,000 billion by 2040.
Superfarm has invested 400-500 crores
In 2024, UPL Limited said in a statement on Monday that a special chemistry unit could be a 10-12 per cent share in the world market. The company said the change would be attracted by an increase in domestic consumption, changes in global distribution chains, and changes in consumer origins, which promote diversification from traditional manufacturing centers. India’s share in the global chemistry market is expected to increase by 2040, which increased by 7-10 per cent per year between 2027 and 2040. Superform has invested Rs 400-500 crore per year.
UPL business spreads in 140 countries
UPL Limited is the leading provider of prolonged agricultural solutions and services, of which over 14,000 products have been registered and traded in about 140 countries. The company has a copy of 90 copies of the world and more than $ 6 billion a year. UPL is one of the most important players in the field of agriculture and is the leading manufacturer and distributor of natural solutions.
The company, which provided information on its objectives, is determined to replace global food chains, improve manufacturers, make agricultural practices more prolonged and ensure consumers safe, healthy and nutritious. In the last 50 years of global expansion and development from its roots in Mumbai, the UPL states that we have never lost our family -owned sensitivity and farmer -centered values.
UPL works with small farmers
The company said that we are working with small farmers, industrial and cooperative communities around the world today to deal with the biggest challenges facing agricultural production and ensure safe and nutritious foods for everyone. Our offering includes high -performance seeds, crop protection products, natural solutions, shape equipment and services and subsequent solutions of the harvest.
We are proud of our role as a trusted partner for agricultural communities, and they support them today to overcome the complex challenges facing the community and to capture tomorrow’s opportunities, so that they can feed our communities and develop our environment.
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