Agrochemical maker Insecticides India Ltd. has received an environment clearance for setting up a pesticide manufacturing unit in Bharuch, Gujarat that will entail an investment of Rs 40 crore, reports The Economic Times.
The union environment ministry has given the go-ahead to IIL’s proposed project after taking into account the recommendations of a green panel. The clearance, however, has been given with some conditions, the document added.
As per the proposal, Insecticides India Ltd. wants to set up a pesticide and pesticide intermediates manufacturing unit with a production capacity of 2,500 ton per month at Dahej in Bharuch district in an area of 52,000 square meters.