A Specialty Micronutrient Company Aries Agro Ltd (BSE Code 532935) is responding to growing needs of Indian farmers with the opening of a new manufacturing unit for secondary and micro nutrients as well as water soluble major fertilizers. Aries has invested Rs. 245 lakhs (excluding land cost) into the new plant, which open’s today and will serve over three million farmers across the different states in Andhra Pradesh, Chattisgarh, Madhya Pradesh, Tamil Nadu, Karnataka and Orissa.

Micro nutrient usage in India is increasing because farmers have realized the need for balanced fertilization with secondary and Micro Nutrients. There is significant rise in awareness about the potential and economic benefits of using secondary and Micro Nutrients micronutrients amongst Indian Farmers, and they are looking out for options which can increase their productivity.

Aries today provides the largest and most comprehensive range of specialty plant nutrients to the farmers of India.

Speaking on the occasion Dr. Rahul Mirchandani, Executive Director, Aries Agro Limited, said, “We are proud that Aries has created history today with the opening of this new manufacturing unit which has the capacity to produce single dose self dissolving environmentally sensitive sachets for our largest selling brands. This Unit pack will eliminate the use of plastics and aluminum foil and would be affordable even for farmers with small and marginal land holdings.” The factory is also fully automated and uses 100% indigenous technology. “It is with immense pride that we would like to tell the world that not a single part of the equipment in this factory is imported. Ours is a 100% Indian factory that produces world class specialty plant nutrition solutions.” he added.

The new manufacturing facility is located at Pashamylaram, Patancheru, Dist. Medak, Andhra Pradesh, is the largest and state-of-the-art unit of the company. It is also the largest manufacturing unit in India for micronutrients, mainly dedicated for manufacturing two flagship brands, namely, ‘Aries Agromin Max’ and ‘Aries Chelamin’.

The total constructed area is 24,000 square feet, and in addition to the existing capacity of 21600 TPA, this unit will add further 32400 TPA. The facility will also be engaged in the packaging of other major brands including Macrofert, Boron 20 and Fertimax with a packing capacity of 9 million pouches per year.

In fiscal year 2008-09, company plans to set up new manufacturing units at Ahmedabad, Lucknow, and an additional unit in Maharashtra.

Sourced From: Prana Public Relations

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