The Prime Minister, Narendra Modi addressed a webinar on Production Linked Incentives scheme organized by Department of Industry and International Trade and NITI Aayog through video conference. Speaking on the steps taken to boost trade and industry in this year s Union Budget, the Prime Minister said that over the past 6-7 years, several successful efforts have been made to encourage Make in India at different levels. He stressed on the need to take a big leap, increase the speed and scale to boost manufacturing.
The Prime Minister said the Government s thinking is clear - Minimum Government, Maximum Governance and expects Zero Effect, Zero Defect. He said the Government is working at every level to promote the industry like Ease of Doing Business, reducing the compliance burden, creating multimodal infrastructure to reduce logistics costs, constructing district level export hubs.
To manufacture and supply Rynaxypyr activeUPL announced a long-term strategic collaboration with FMC
Corporation, a leading global agricultural sciences company. The agreement provides UPL access in key markets prior to patent expiration, to commercialize Rynaxypyr active, FMC s leading insecticide. As per
the agreement, UPL will toll manufacture and supply Rynaxypyr to FMC in India, and FMC will supply the active ingredient to UPL depending on the markets. The deal adds a key portfolio of products to UPL s
business and supports FMC in maximizing the penetration of this important active ingredient.
Rynaxypyr is considered a reduced risk pesticide due to its favourable toxicological and environmental
The long-term strategic collaboration provides UPL access in key markets prior to patent expiration, to commercialize FMC Corporation s leading insecticide, Rynaxypyr active.
As per the agreement, UPL will toll manufacture and supply Rynaxypyr to FMC in India, and FMC will supply the active ingredient to UPL depending on the markets. The deal adds a key portfolio of products to UPL s business and supports FMC in maximizing the penetration of this important active ingredient.
Rynaxypyr is considered a reduced risk pesticide due to its favourable toxicological and environmental profile. It is a useful tool for farmers in integrated pest management systems. This provides opportunities for growers to implement more sustainable solutions, supporting UPL s mission to make every single food product more sustainable.
The board of Tata Chemicals has approved the appointment of Nandakumar S. Tirumalai as the chief financial officer and key managerial personnel of the company with effect from 1 April 2021.Nandakumar S. Tirumalai is currently the vice president (finance) with Titan Company.
Meanwhile, John Mulhall will cease to be CFO of Tata Chemicals with effect from the end of 31 March 2021. Mulhall is transitioning into the role of managing director & CEO of Tata Chemicals North America, Inc., a wholly owned subsidiary of the company.
Tata Chemicals is a global company with interests in businesses that focus on basic chemistry products and specialty chemistry products.
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