PI Industries
PIIND · Agriculture > Pesticides & Agrochemicals · Chairman: Narayan K Seshadri · MD: Raman Ramachandran · Listing date: June 15, 2011 · Employees: 2963 · Gurgaon · http://www.piindustries.com

PI Industries is a leading integrated life sciences company operating at the intersection of science, innovation, and purpose. The company is committed to delivering sustainable advancements in global food security, environmental stewardship, and currently transitioning into bio and health sciences. Its operations span the entire life sciences value chain - from research and discovery to large-scale manufacturing, co-marketing, and distribution. As one of the few Asian companies with such comprehensive capabilities, PI Industries is uniquely positioned to deliver differentiated, high-impact solutions across agriculture, biologicals, and health sciences.

Established in 1946, the company began its journey with a mission to support India’s agricultural transformation. Currently, it is a globally recognized partner in crop solutions and emerging areas of biotechnology and pharmaceuticals, leveraging innovation to enhance productivity, strengthen food security, and improve livelihoods. Supported by a strong workforce and robust infrastructure comprising multipurpose plants and formulation facilities, the company continues to respond with agility to the evolving needs of farmers, innovators, and enterprises across domestic and international markets.

The company’s growth is anchored in a strong R&D-led approach and reinforced by strategic partnerships with global innovators. By integrating advanced chemistries, digital platforms, AI-driven insights, and sustainable practices into its operations, PI Industries is accelerating innovation that enhances efficiency, reduces environmental impact, and builds long-term resilience across the food and life sciences value chain.

Business area of the company

PI Industries is engaged in the business of Agri inputs, Fine Chemicals and Contract Research and Manufacturing Services (CRAMS), Polymers and Engineering Services.

Products & Services

Agri-Sciences

  • Crop Solutions - Row Crops (Herbicides, Insecticides, Fungicides) and Biologicals
  • Horticulture

CSM

  • Process Development
  • Scale Up & Tech Transfer
  • Manufacturing
  • Electronic Chemicals

Health Sciences

Ag Innovation and R&D

Achievements & Accreditations

1947-1980

  • R&D recognized by Ministry of Science and Technology.

1980-2000

  • ISO 9002 and 14001 Certifications.

2000-2005

  • Accredited by OHSAS 18001 and ISO 17025.
  • Launched 8 new Products in Indian Market.
  • Introduced 10 Global Products in CSM.

2005-2012

  • Recognized as Power Brands Hall of Fame - Corporate Leader of the Year Award.
  • Certificate of Excellence for outstanding performance in Supplier Sustainability by Bayer Group of Companies.

2012-2013

  • Best Supplier Award at Agrow Awards.
  • Green Manufacturing Excellence Award by Frost and Sullivan.

2013-2014

  • Certificate of Appreciation from National Safety Council of India.
  • India’s Best CEO Award by Business Today to CMD, Mr. Salil Singhal.
  • Best Manager with Strategic Vision Award to MD, Mr. Mayank Singhal at Agrow Awards.
  • Golden Peacock Award for Environment Management.
  • Business Impact Award, Enterprise Security & Innovation to IT Department by 9.9 Mediaworx.
  • Udyog Rattan Award to MD, Mr Mayank Singhal by Institute of Economic Studies.

2014-2015

  • Best CEO Award to Mr. Salil Singhal , Business India Mindrush.
  • Lifetime Achievement Award to Mr. Salil Singhal , 7th International Agriculture Summit.
  • EY Entrepreneur of the Year Award to Mr. Salil Singhal.
  • Certificate of Excellence - Winner Global Sourcing - Outstanding Performance by Bayer Group of Companies.
  • Green Manufacturing Excellence Award by Frost and Sullivan.

2015-2016

  • Awarded Silver Trophy for safety by National Safety Council of India.
  • Golden Peacock Awards for Quality.
  • Flame Awards Asia 2016 for Brand Building.

2016-2018

  • Frost & Sullivan Award.
  • Social Change Award.
  • Global Sourcing -Outstanding Performance Award.
  • Shreshtha Suraksha Puraskar.
  • Golden Peacock Awards for Quality.
  • Recertification of ISO 14001:2015 and OHSAS 18001:2007.
  • ISO 27001:2013 certification for implementation of information security.

2019

  • Lifetime achievement award to Mr. Salil Singhal.
  • Golden Peacock Award for CSR in Chemical and Fertiliser Segment.

2020

  • CII National Award for Excellence in Water Management

2021

  • Golden Peacock Award for Sustainability
  • Best Indian supplier by Iharabras S.A. Indústrias Químicas, Brazil
  • Heritage company of India at FICCI’s India @75: Chemical & Petrochemical Industry Awards
  • FICCI’s India at 75: Chemical & Petrochemical Industry Awards
  • Top Quintile Corporate Sustainability Assessment
  • Forbes Asia Best Under a Billion 2021

2022

  • Golden Peacock Award For Corporate Social Responsibility
  • Golden Peacock National Quality Award
  • India’s TOP 500 Companies 2022 in a Dun & Bradstreet listing
  • PI is one of the biggest players in India’s $212 billion Chemical Industry
  • Certificate of Appreciation, Karkhana Suraksha Puraskar

2023

  • Gold Award in R&D Sector
  • Committed to achieving high ESG standards consistently
  • PI Industries Ltd., Udaipur wins Karkhana Suraksha Puraskar
  • One of the Top 25 Safest Workplaces in India
  • Dun & Bradstreet India’s Top Value Creator – Agro Chemicals

2024

  • Most Preferred Workplace 2024-25 Manufacturing Edition by Marksmen Daily
  • Responsible Care Certificate By Indian Chemical Council at Sustainability Conclave 2024
  • Most Promising Company of the Year By CNBC TV18 India Business Leader Awards (IBLA)
  • Gold Award in R&D Sector At Grow Care India OHS Awards 2024
  • Platinum Award in R&D Sector At Apex India OHS Awards 2024
  • Gold Award At India Green Manufacturing Challenge 2024
  • Golden Peacock Environment Management Award
  • Supply Chain Champion in Agri Business Sector
  • Gold Award in the Occupational Health & Safety category
  • IBLJ In-house Counsel Team Awards 2023-24
  • Global CSR Excellence & Leadership Award
  • Golden Peacock National Quality Award 2024
  • WordStar Packaging Award For Nominee Gold

2025

  • PI Industries Ltd., Udaipur awarded the prestigious British Safety Council Sword of Honour for Safety & Environmental Governance
  • PI Industries Ltd., Udaipur wins FAME Awards 2025 for advancing renewable energy & strengthening environmental responsibility
  • PI Industries Ltd., Udaipur recognized with Gold Award in 17th Exceed OHS & Security Awards 2024
  • PI Industries Ltd., Bharuch wins Golden Trophy in NSCI Safety Awards 2024 (Manufacturing Sector)
  • PI features for the 2nd consecutive year in S&P Global Sustainability Yearbook 2025
  • PI recognized as WOW Workplace 2025 (Manufacturing & Allied) by JOMBAY
  • PI Industries recognized for Manufacturing Excellence By DET Hurun India
  • PI Industries included in India’s 500 most valuable companies By 2024 Burgundy Private Hurun India 500
  • PI Industries Udaipur wins Karkhana Suraksha Puraskar 2025
  • PI Industries Udaipur honoured with Rajasthan Business Awards 2025 By the Economic Times
  • PI Industries Udaipur receives 5-Star Rating by the British Safety Council
  • PI Industries recognized as Functional Champion at the 11th ISCM Supply Chain Leadership Summit 2025

2026

  • PI Industries receives the Business Leader of the Year – ESG Award from Chemtech Leadership & Excellence Awards 2026
  • PI Industries Ltd., Udaipur receives the Sword of Honour award from British Safety Council.
  • PI Industries recognised as Dun & Bradstreet – India’s Top Value Creator 2025 – Agro Chemicals
  • PI recognized as the Most Preferred Workplace 2025-26 – Manufacturing
  • PI Among India’s Top 10 Supply Chain Champions – Agro Chemical Sector 2025

Milestones

  • 1964: Founded as Mewar Oil & General Mills Ltd.
  • 1961: Started AgChem Formulation and Marketing
  • 1961: Recognized as a Government of Indiaapproved Research Laboratory
  • 1946: Started first Technical Manufacturing Plant.
  • 1989: Company’s name changed to Pesticide India Ltd.
  • 1992: Established Subsidiary as PILL Finance and Investments Ltd
  • 1992: Company’s name changed to PI Industries Limited
  • 1992: New manufacturing unit at Panoli, Gujarat
  • 1993: On January 06, company’s shares got listed at Bombay Stock Exchange.
  • 1996: Started Custom Synthesis & Manufacturing
  • 2001: One of the first companies in the AgChem space to implement SAP
  • 2001: Received ISO certification for plants
  • 2004: Established subsidiary as PI Life Science Research Ltd
  • 2004: Started a new representative office in Shanghai, China
  • 2004: Received OHSAS 14001 certification for plants
  • 2006: Energy conservation award from the Government of India
  • 2007: Established subsidiary as PI Japan Co.Ltd.
  • 2009: Received Green Chemistry award for outstanding research in the field of Green Chemistry and Engineering.
  • 2010: Divested Polymer Compounding Business
  • 2010: Women Director in its Board of Directors Became signatory to ‘Responsible Care’ program
  • 2011: Obtain GLP Certification
  • 2011: On June 15, Company’s shares got listed on National Stock Exchange (NSE)
  • 2011: Certificate of excellence in Supplier Sustainability from Bayer
  • 2012: Established a new Manufacturing site at Jambusar, Gujarat
  • 2012: PI-Sony Research Centre established in Udaipur to focus on development of synthetic organic chemicals for application in electronics
  • 2013: Frost & Sullivan Green Manufacturing Excellence Award (GMEA).
  • 2014: Established Office in Germany.
  • 2015: A new Formulation site set up at Panoli, Gujarat 
  • 2015: Awarded GMEA Certificate of merit in Safety Excellence, GMEA
  • 2015: Technology upgrade to SAP HANA
  • 2016: Solinnos Agro Sciences - a JV with Mitsui Chemicals Agro, Japan
  • 2016: New R&D Centre at Udaipur 
  • 2016: MPPs commissioned at Jambusar, Gujarat 
  • 2016: ISO Certification 50% of the Board comprised of Independent Directors, above and beyond mandates
  • 2017: PI Kumiai – a JV with Kumiai Chemicals, Japan 
  • 2017: Together for Sustainability (TfS) score of 99 out of 100 
  • 2017: Initiated Reporting on ‘Communication on Progress as a UNGC signatory
  • 2017: Established greenhouse testing facility at Udaipur
  • 2018: Retained Responsible Care Status from Indian Chemical Council
  • 2018: Recertification of ISO 14001:2015 and OHSAS 18001:2007 
  • 2018: ISO 27001:2013 certification for the implementation of information security
  • 2018: The iconic herbicide brand of PI Industries – “NOMINEE GOLD” completes 10 years
  • 2018: Simultaneously launched 5 new generation products for the first time 
  • 2018: Entry into Sugarcane crop protection market with the launch of COSKO
  • 2019: New Multi-Purpose Plant (MPP) was commissioned at Jambusar, Gujarat
  • 2019: Entered in to agri-solutions like mechanized Spray Machines 
  • 2019: Established a new subsidiary as Jivagro Limited 
  • 2019: Acquired Isagro (Asia) Agro Chemicals Private Limited 
  • 2019: Silver Jubilee celebration of Panoli manufacturing unit 
  • 2019: Conducted an external materiality assessment and identified material items for the Company Awarded Gold star rating by EcoVadis
  • 2019: CII-National Award for Excellence in Water Management
  • 2020: Successful completion of QIP - INR 20,000 million 
  • 2020: New manufacturing unit - MPP 11 – commissioned 
  • 2020: Established new subsidiaries PI Bioferma Private Limited (Formerly known as PI Enzachem Private Limited) and PI Fermachem Private Limited
  • 2020: Celebrated the centennial year of Late Shri P P Singhal
  • 2021: Successfully integrated Isagro (Asia) Agro Chemicals Private Limited
  • 2021: B2C Business of Isagro demerged to Jivagro as a horticulture specialist
  • 2021: Celebration of PI’s 75 years 
  • 2021: Crossed 100 patent application filings
  • 2021: Successful foray into electronics chemicals
  • 2021: Established a new subsidiary PI Health Sciences Limited.
  • 2021: Emerged amongst top quintile companies in very first S&P global Corporate Sustainability Assessment (CSA)
  • 2021: Published its Sustainable Development Goals for 2025Released its first Sustainability Report Participated in S&P Global Corporate Sustainability Assessment (82 Percentile)
  • 2022: Defined PI Compass comprising Purpose, Vision, Spiky Capabilities and Values
  • 2022: Piloted drone applications in the Domestic Agri market 
  • 2022: Retained Responsible Care from Indian Chemical Council
  • 2022: Ecovadis Gold Medal retained, with 97 percentile ranking 
  • 2022: Retained Responsible Care from Indian Chemical Council 
  • 2022: 93rd Percentile in S&P Global Corporate Sustainability Rankings Winner of Golden Peacock National Award for CSR
  • 2023: Ventured into life sciences, Contract Development and Manufacturing Organization (CDMO) and pharma active pharmaceutical ingredients (API) through the acquisition of Therachem Research Medilab LLC and Archimica SpA.
  • 2023: Strategic alliance with Koppert to jointly innovate in the domain of Agricultural Biologicals.
  • 2023: Featured for the first time in Dow Jones Sustainability Index Sustainability Yearbook.
  • 2023: Ecovadis Gold medal retained, with 98th percentile ranking
  • 2024: Became 1st Indian company to receive approval from ISO for a groundbreaking insecticide named “PIOXANILIPROLE”
  • 2024: Acquired Plant Healthcare Plc. to provide integrated solutions for sustainable agriculture increasing presence in biologicals
  • 2025: PI ranked in the top 3 percentile of S&P Global’s Corporate Sustainability Assessment among chemical companies worldwide and inducted into the Sustainability Yearbook for the second year in a row
  • 2025: PI was recognized as the “Most Promising Company of the Year” at the CNBC-TV18 India Business Leader Awards (IBLA) 2024, for consistently pushing boundaries in biochemicals, electronics & imaging chemicals, and creating new possibilities for sustainable growth