Mr. Rajesh Aggarwal is the Managing Director of Insecticides (India) Limited since 2006. Under this dynamic leadership, IIL is now become one of the top ten players in the agro chemicals manufacturing industry.
Mr. Rajesh is also the Vice Chairman of Crop Care Federation of India (CCFI), which is the association of the Indian crop care manufacturers. He also serves as a member of the Managing Committee of Pesticides Manufacturers & Formulators Association of India (PMFAI).
Ambitious and determined, Mr. Aggarwal joined the business with a sole aim of providing the latest technology products to the Indian farmers.
Mr. Rajesh has taken IIL to new heights with e revenue of the company growing manifold. Under his leadership, the revenues have leapfrogged to more than Rs 1,100 crore in FY 2017.
Moving away from family’s three-generation-old business, Rajesh Aggarwal along with his father Mr. Hari Chand Aggarwal established IIL, which started its operation in 2002. It was a period when, India’s agro chemical sector was in doldrums due to economic recession and the days of many multinational companies that had invested in this sector were numbered. IIL started with an established brand Lethal, which he took on lease from Montari Industries.
But soon he understood the vital role of his own manufacturing unit. He consequently started the company’s own unit in Bhiwadi, Rajasthan and worked hard to introduce new brands and products for the befit of the farmers. By 2004, IIL had more than 30 brands of its own and the company’s balance sheet had doubled. Using innovative methods, he cracked big deals in the competitive market and created an unbeatable image of the company during the time of economic slowdown.
Rajesh repeated the feat by entering into a technical collaboration with global giant AMVAC, U.S.A. for Thimet in 2005. In 2012, IIL joined hands with AMVAC, USA and Japanese Company Nissan Chemical Industries, Ltd. adding some of the leading international brands like Nuvan, Pulsor and Hakama. IIL also established its own R&D centre and technical synthesis plants into its kitty.
Under his stewardship, IIL went public and it got listed in BSE & NSE in 2007. Today IIL, which owns 108 products, has emerged as a formidable player in the Indian agro-chemicals sector growing at a cumulative rate of about 35 % every year.
With a graduation in Commerce followed by a Diploma in Marketing, Mr. Rajesh started his career in M/s HIM Pulverizing Mills Limited in 1993. At M/s HIM Pulverizing Mills Limited, he looked after production and marketing. During his tenure, the turnover of the company has grown from Rs.12 crore in 1993 to Rs.650 crore in 2013. Through this association, he has learned the intricacies of the business that made him one of the leaders in the industry.