Having set up its third drip irrigation plant in Savli, near Vadodara, Netafim India, a subsidiary of Tel Aviv, Israel-based Netafim is looking to scale up its capacity from 30,000 hectares to 90,000 hectares in next 12-18 months.
What's more, on the back of its third drip irrigation plant to be commissioned soon, the company is eyeing a 25 per cent share of the Rs 3,000 crore market in India.
"After our first drip irrigation plant in 2002 in Savli, we built our second plant in Chennai in 2008. However, lately demand for drip irrigation and other irrigation related products and services have increased tremendously in India. Which is why we set up a third plant in the country at Savli again," said Randhir Chauhan, managing director of Netafim India.
Netafim India manufactures and supplies wide range of irrigation products. With 45 years of experience in providing comprehensive irrigation solutions all over the world, today 800,000 acres of Indian farms receive Netafim's agro-technical guidance.
"With the third plant, we look to add 3-5 per cent to our current market share of 20 per cent," he said.
While the first and second plants in Vadodara and Chennai have a capacity of 80,000 hectares and 30,000 hectares per annum, the third plant has been set up at a capacity of 30,000 hectares per annum.
"However, our third plant's capacity will be scaled up to 90,000 hectares within 12-18 months. Moreover, the demand has been rising since our plants in India cater to Indian needs as well as SAARC countries," Chauhan said.
According to Chauhan, Netafim is a drip irrigation focused company. "However, we do provide green house turn key project for high intensity crop cultivation," Chauhan added.
