Tropical Agro to establish new factory in Kharagpur, India

Date:12-05-2024

Tropical Agro has announced its latest milestone—a state-of-the-art factory in Kharagpur, West Bengal. With an investment of ₹50 crores, this facility will not only enhance the company’s production capacity but also solidify its commitment to creating sustainable livelihoods for farmers.

West Bengal, a pivotal market for Tropical Agro, contributes 10% of the company’s sales turnover. This new venture reinforces the company’s dedication to supporting the agricultural sector in the region by providing user-friendly, economically viable, and resource-efficient products that cover the entire crop cycle—from seed treatment to post-harvest.

Strategic Location for Operational Excellence

The Kharagpur factory, spread across 4 acres, is strategically located to optimize Tropical Agro’s supply chain. By reducing logistics costs and delivery times, the facility ensures that essential crop inputs reach even the remotest regions promptly, safeguarding agricultural productivity. The ground-breaking ceremony has already been completed, and construction will commence in the first week of December, with an expected completion by July 2026.

The factory will manufacture both biological and chemical crop protection and plant nutrition products (including Insecticides, Herbicides & Biologicals). This aligns with the company’s goal to cater to growing market demands while promoting sustainability.

Sustainability and Regional Growth

In line with Tropical Agro’s sustainability initiatives, the Kharagpur factory will focus on leveraging regional strengths by hiring predominantly local talent. This approach not only fosters economic growth in the community but also reinforces the company’s vision of empowering the community. The factory is expected to generate employment for approximately 300 individuals.

To meet increasing demand, Tropical Agro is also planning to establish a new factory in Gujarat and relocate its existing facility in Ambattur to a high-tech factory in Chayya, Tamil Nadu. These expansions aim to enhance production capabilities and target higher turnover.

The current investment for the Kharagpur facility is financed through internal sources and bank funding.