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GSP Crop Science eyes Rs 1,800 cr revenue; aims for 6-7% mkt share in 3-4 yrs
The Business Guardian
|January 09, 2024
Following its development into both local and international markets, agrochemical firm GSP Crop Science is targeting sales of Rs 1,800 crore in 2024–2025, according to a top business executive.
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”In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told.
Shah said the company is working towards reducing its dependency on China for raw materials and planning to produce intermediaries needed to develop crop solution products.\
This story is from the January 09, 2024 edition of The Business Guardian.
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