|COMPANY NAME||INDIAN POTASH LTD.|
|NATURE OF BUSINESS||POTASH DISTRIBUTION ALL OVER INDIA|
|PROMOTERS||Mr.SUNDEEP KUMAR NAYAK|
|YEAR OF EASTBLISHMENT||1955|
|REGISTERED ADDRESS||Floor 1, Seethakathi Business Centre, 684-690, Anna Salai, Chennai-600 006|
The evolution of IPL started sometime before the seeds of ‘Green Revolution’ got sown in the bed of Indian Agriculture. Indian Potash Limited was incorporated under Indian Companies Act with the objective of import-handling, promotion and marketing of Potash in the entire country. The extension and promotional activities of IPL was recognized by the farmers across the nation, and was well appreciated by the Sivaraman Committee on Fertilizers as well as the National Commission on Agriculture.
Indian Potash Limited was incorporated under Indian Companies Act with the objective of promoting balanced use of Potash. Indian Potash Limited has stood the test of time in spite of decontrol of Phosphatic and Potasic fertilizers in 1992. Without in any way diluting balanced fertiliser promotion, the company diversified into Dairy, Cattle Feed, Sugars and Rural Warehousing and has a plan to build a break bulk port in Southern Gujarat. Of course, the common thread that remains through all these activities-focus on farmers.
Having crossed sixty years from its incorporation the company marching towards achieving the goals set before and to help agrarian growth and farmers upliftment.
PL has chalked out plans to diversify into sugar manufacturing with its recent acquisition of sugar mills from the Uttar Pradesh Government. The plus point is lot of land and the minus point is very bad work culture. VRS is being offered to people and good professionals are being recruited. As the process of change or make-over is complete, IPL will install power plants.
Investment in power Power from sugarcane base is by far the cheapest and cleanest, and the company would invest at least Rs 700-800 crore in the next four years to set up power plants. It is also much cheaper than from giant power plants coming up all over that are based on imported coal, and the capital expenditure per megawatt is the lowest in cane-based power plants as opposed to coal-fired plants.
Dairy and Feeds Division With farmers seeking to overcome the problems inherent in agriculture and increase their income with rearing of livestock, IPL has taken this opportunity to lend its support to them by procuring milk from the village cooperatives through its ultra modern processing at its own plants so that the final products passes a host of tests to be hygienic and wholesome.
The company's dairy divisions sell three lakh litres of milk a day under “dairy fresh' logo and its cattle feed plants of 250 to 300 tonnes were being scaled up. IPL has diversified into high quality cattle feed and set up production units at Sikandarabad in Bulandshahar district of Uttar Pradesh and in Renigunta Mandal of Chittoor District. IPL cattle feeds had improved the milch capacity, besides facilitating healthier calving.