Adama To Invest Additional $50M In India Over 3-4 Years
December 9, 2014 | The Israeli agri-tech company Adama has plans to invest up to $50 million in India in the next three to four years, in order to increase R&D and distribution. Since Adama began operations in India in 2009, it has invested $50 million, establishing one of the company’s only R&D centers outside of Israel in Hyperabad. Adama is the third largest agro-chemical company in India, a market worth nearly $2 billion. Adama, formerly known as Makteshim Agan, was founded in 1945 and is headed by CEO Erez Vigodman.