EXCEL CROP CARE LIMITED C O N T E N T S - BSE

(d) Improvement in quality, raw materials efficiency and waste reduction.
(e) Environment-friendly products and waste treatment reduce adverse environmental impact.
(f) In-house data generation would help expedite product registrations in the country as well as abroad.
3. Future Plan of Action:
(a) Achieve sustainable growth as an innovative Company by capitalising on creative R&D capabilities and measuring
up to evolving needs of markets for agrochemicals.
(b) To accelerate growth by introduction of innovative products/formulations and creating business opportunities in
high growth areas like fungicides and weedicides.
4. Expenditure on R&D for the year 2010-11:
(a) Capital
(` ’000)
235,65
(b) Recurring 731,59
(c) Total 967,24
(d) Total R & D expenditure as a percentage of total turnover 1.38%
TECHNOLOGY ABSORPTION, ADAPTATION AND INNOVATION
1. Efforts in brief, made towards technology absorption, adaptation and innovation:
Development of cost effective non-hazardous manufacturing processes.
Innovation of efficacious and eco-friendly formulations.
2. Benefits derived as a result of the above efforts:
Development of fungicides and weedicides will expand the Company’s product range and development of cost effective
eco-friendly processes help the Company in improving market position.
3. Technology imported during the last five years:
The Company has not imported any technology.
(C) FOREIGN EXCHANGE EARNINGS AND OUTGO
(a) Activities relating to exports, initiatives taken to increase exports, development of new export markets for products and
services and export plans:
increasing business in Africa and South America regions.
business in these geographies.
(b) Total foreign exchange used and earned:
(` in crores)
Used 184.39
Earned 232.24
Mumbai, 25th May, 2011.
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For and on behalf of the Board of Directors
A. C. SHROFF
Chairman