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Agrochemical makers sow seeds in nascent Indian market

Factory investments take aim at industry heavy on small rural farms

A worker sprays pesticide in a cotton field in the Indian state of Andhra Pradesh.   © Reuters

TOKYO/MUMBAI -- Agricultural chemical companies are increasing investment in India, which boasts a massive farming industry that has been slow to adopt products like weedkillers and pesticides.

Japan's Nissan Chemical Industries is slated to open a 6 billion yen ($44 million) plant this month in the western state of Gujarat. The factory is a joint venture with local partner Bharat Rasayan, which handled insecticide production for Nissan Chemical for years, and marks a full-fledged foray into the market.

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