Thread by @Maaachaaa69

Little known facts about #PI Industry and Agrochemical Industry :
PI Industry was founded by Brother of Late Ashok Singhal who was international president of organisation Vishva Hindu Parishad for over 20 years and in charge of the Ayodhya Ram Janmabhoomi movement.

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Present Chairman of PI industry ,Mr Salil Singhal was invited to the Bhumi Pujan on 5 August at Ayodhya.Salil Singhal, his wife Madhu Singhal and son Mayank Singhal were present at the Bhumi Pujan event at Ayodhya only couple at the Bhumi Pujan platform with Modi

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PI Industry was started at MEWAR oil and mills at Udaipur and was into mainly edible oil .
PI stands for *Pesticides India* as company saw opportunity and entered into Agrochemical business along with other verticales like energy meter , polymers etc.

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company was situated in Udaipur and later become center point of city due to fast expansion of city boundary and later govt ask them to move out of city as agrochemical product are highly polluted & have strong rotten smell bcoz phosphorus pentasulphide is main raw material

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Company acquired land in PANOLI GIDC near Ankleshwar, Gujrat around 1994 and slowly started moving its technical products from Udaipur to panoli, that time company's main product were malathion etc and few formulations was it main activity.
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It has strong R&D team with 2 very competent Research head ,mainly Dr Abid Ali, Dr S C Sharma and My Yusuf was heading their production unit , Company's yureka moment was getting into a new molecule named PROPHENOPOS technical which was only made by Ciba-Geigy, Swiss company

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Dr Sharma was leading the R&D trials of PFT ( short name or PROPHENOPHOS Technical) and new unit was built at PANOLI for starting its production.
young MAYAK singhal returned from USA after doing his Chemical Engineer and joined as Director Technical and started to involve
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It was around 1994-95 and China suddenly emerged as a world's production hub of speciality chemicals and other chemicals derivatives. Due to its mass production facilities it started supplying chemicals to whole words at very cheap rate and MSME company started suffering.

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There were small scale companies in MIDC & GIDC which were serviving by making/supplying single products like bromine ,chlorine , nitrogen etc to big company like PI and suddenly these company started getting these from China at half of cost, SMSE started losing business
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Small and mid size single product companies started closing down slowly but mid size and bigger company started getting cheap raw material from China leading to their probabilities at the cost of closing down small businesses all around.
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GIDC Ankleshwar is biggest home of all leading MNC and Indian Pharma and Agro Chemical company etc & there were many small/mid size company surviving by supplying to these companies started to feel heat due to CHINA emergence as world's manufacturing hub.
Govt did nothing
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There was a company next door to PI industry in panoli GIDC which used to supply 1 kg Bromine bottle at Rs 48 / kg used a raw material for making on of its key technical had to close down as PI started getting same quality of bromine at Rs 32/kg from China

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by 1998-99 this scenario took heavy toll on indian small scale companies, many big company executives visited China to understand how they are able to supply every chemical at very cheap price and later found out its mainly due to large scale production/volume .
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As we say, NATURE balance out everything in long run and heavy industrialization and large volume chemical production leads Chinese industrial areas to emitting unbearable pollution which started affecting life of city/town populations slowly.

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Pollution situation became so severe that Chinese government had no choice but to take stringent action against these manufacturing unit for either to modified their process or close down because of increasing manufacturing activities .
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This forced Chinese government to issue order for closing down most Agrochemical and specialities chemical company in the region in 2017 and that was the time when i started looking at Indian Agrochemical / Specialities companies which were to gain huge do China closure.
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#TRENDS
Last three years were mainly for Agrochemical and Specialities Chemical bull run and almost all company from these sector gave super returns.

Its key to spot trend and it is only possible due to tracking micro/macro developments..
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