DuPont India Forecasts 18% Growth
17 February 2009 US-based El DuPont subsidiary El DuPont India, which manufactures crop protection products and R&D for crop seed production, as well as markets its parent company`s wide range of products, expects 18% growth in Indian in 2009 despite the economic slowdown, reports Business Standard. The company has five business platforms in India and manufacturing bases at Savli near Baroda and Madurai, and has reported a 24% compounded annual growth rate in the last five years.
The company`s 2008 revenue in India was over US $500 million.
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