• By Rajesh Aggarwal, Managing Director, Insecticides (India) Limited (IIL)
  • Rajesh Aggarwal, Managing Director, Insecticides (India) Limited (IIL), a BSE & NSE listed agro chemicals manufacturing company. With his futuristic approach and innovative methods, he has successfully taken the company to new heights and cracked big deals in the competitive market. He shares his views with People and Management magazine on the challenges faced, his achievements, his mantra for success and his thoughts on CSR.

Started at a time when India’s agro chemical sector was in doldrums, what are the challenges Insecticides faced to make a mark in the market?

It is always challenging to start a new venture, but your experience and support from the market, can help you to stand among your counterparts. For us, the early decisions like taking over of Brands, aggressive marketing and advertising plans, setting up units in J&K, technical collaboration with AMVAC, USA etc, really paid off and helped us to manage a timely standing in the market.

It is always a challenge to effectively manage and develop human capital in a manufacturing business. What methodology you follow/followed to manage these responsibilities?

Our one of the strengths is our team. We have the least attrition rate in the industry and we imbibe a sense of entrepreneurship in our employees. Everybody has a responsibility and he is free to work under that. We encourage our employees to train themselves in professional as well as soft skills, so that they can cope up with the changing times.

According to new Company Bill 2013, Companies must ensure that they spend an amount of profi t on activities pursuant to their CSR policy. Why do you think, corporate social responsibility (CSR) is important for the manufacturing industry?

We have started Agla Kadam, a CSR initiative about fi ve years ago, and have adopted three schools in Punjab and one in Odisha. We are working with three-four schools in Rajasthan also. These initiatives take care of all the basic requirements of students of these schools. These CSR activities are very important to maintain healthy relation with the local public, where we are working.

What can the manufacturing industry do to further drive engagement on CSR issues?

See it does not matter ‘how you do’, but ‘who wants to do’ is more important. Even a small shop can spend on CSR, a wage earner can donate some thing, etc, but according to me intention is important.

Can you share future growth plans of your company?

With increasing demand for newer and safe technologies in the world, with our recent JV with Japanese company Otsuka Agri Techno for setting up a new R&D facility in India, we look forward to invent some new molecules for the Indian as well as the International markets.

According to you, what is the mantra for a successful career: education, experience, ability to learn or ability to persevere?

I feel you have mentioned all the traits, except the most important Passion. I believe that Passion is the most important mantra for the success.

What are your biggest professional achievements, and what priorities have you set for the future?

My real professional, personal and corporate achievement will be to bring out new technologies for the Indian farmers, with whom we have been associated for so long. It gives us immense pleasure when we are able to add some value to their lives.

 

Rajesh Aggarwal, Managing Director - Insecticides (India) Limited (IIL)

People and Management

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