Past performance
About Astec Lifesciences Ltd Astec LifeSciences Ltd, a subsidiary of Godrej Agrovet Limited, specializes in producing agrochemicals and pharmaceutical intermediates. Established in 1994, the company operates manufacturing facilities in Maharashtra, India, with export markets in East Asia, Europe, the Middle East, and the USA. The business is divided into two segments: Agrochemicals, which includes active ingredients, intermediates, and formulations, and Pharmaceuticals, focusing on intermediates for API manufacturers.
Astec LifeSciences has a significant production capacity, having expanded to 3,150 MT by 2009-10. The company has formed strategic alliances with major multinationals and enhanced its facilities, including a new herbicide plant commissioned in 2021-22. Astec also focuses on innovation, demonstrated by the opening of the Adi Godrej Centre for Chemical Research and Development in 2023. With a strong global presence and continuous expansion, Astec LifeSciences is poised for growth in the agrochemical and pharmaceutical sectors.
Performance overview