P I Industries manufactures pesticides and insecticides. Piyush Singhal is the Chairman and Salil Singhal is the Managing Director of the company. The manufacturing unit is located in Udaipur, Rajasthan. The company is also engaged in other segments such as minerals, metering and allied products. PILL Finance and Investment is a 100% subsidiary of the company. As a part of its diversification, it has set up a plant to manufacture polyurethane compounds used in the adhesive industry at a project cost of Rs 2.3 cr and also put up a compounding unit for supplying plastic and polymer moulders. In 1999, the expansion which was undertaken at the Company's plant at Panoli including state of art multi product plant for manufacturing of industrial chemicals has been completed and is now fully operational. The polymer business witnessed a revival and growth in business after a prolonged recessionary situation with the industrial climate showing positive trends.