- Astec LifeSciences was established in 1994 as a manufacturer of a wide range of agrochemical and pharmaceutical
- In 2015, Astec was acquired by Godrej Agrovet Limited
- In the last 5 years, Astec has pivoted a CDMO player, and has made an additional Capex investment of $45m to install new R&D and manufacturing facilities
- Manufacturing sites are located at Mahad, Maharashtra, covering an area of approx. 35 acres closer to seaports with a dedicated warehouse at the port.
- R&D Centre and Pilot Plant are located at Rabale, MH equipped with best-in-class infrastructure for new product development, Process optimization & LCM studies
- All the manufacturing plants are fully/semi-automated with the DCS system to ensure best practices process monitoring and operations
- All our new plants are designed with zero-liquid discharge facilities keeping the utmost environmental standards in place
- We specialize in multi-step synthesis undertaking complex chemical reactions from R&D stage to commercial plants
- We follow Dupont’s Process Safety Management (PSM) – 14 Element Approach to ensure operational excellence & Discipline
- We are a 3-star export house recognized by Government of India
Crore
Consolidated Total Income in FY 2024
Crore
Market Capitalisation as on 31 March 2024
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Countries
Manufacturing Plants in Maharashtra
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Regular Employee Force
Our Values
Vision and Mission
We constantly innovate to improve customer productivity. We firmly believe in adding value to our stakeholders – shareholders, employees, and customers – without compromising our ethics or the safety of our employees and the environment
We continuously strive to:
- Innovate
- Seek technological excellence
- Upgrade manufacturing systems and facilities
- Respect intellectual property
- Be a partner of choice
Focused strategy and significant investment in capacity augmentation and innovative research and development
Our People
Philosophy
Sustainability
Social responsibility is integral to who we are and what we do.
It’s our commitment to building a better, greener and more inclusive world.
Ensuring Employability
Train citizens in knowledge and skills that will enhance their earning potential
Greener India
Achieve zero waste to landfill carbon neutrality and a positive water balance, while reducing specific energy consumption and increasing the use of renewable energy
Product Innovation
Generate a third of our portfolio revenues from 'good' and/or 'green' products
