"We invested roughly Rs 2,000 crore and took us over a decade to develop this first insecticide molecule originating from India,” Singhal claimed. (@PIINDLTD/X)

PI Industries Ltd plans to commercially launch its proprietary active ingredient insecticide molecule, Pioxaniliprole, under the trade name ‘Pioxazon’ in the coming rabi (winter-spring) crop season.

“Pioxaniliprole, which is India’s first indigenously discovered insecticide molecule, has been granted approval by the Central Insecticides Board and Registration Board after undergoing extensive evaluation through regulatory studies and multilocation field trials. We are now ready to take it to farmers’ fields from next month,” said Mayank Singhal, managing director of the Rs 6,713.70-crore revenue company.

Pioxaniliprole, belonging to the anthranilic diamide class of insecticides , has been approved as a 20% weight-by-volume suspension concentrate formulation for use on rice, chilli, tomato and chana (chickpea) crops.…