Insecticides (India) Limited announced that the Company (IIL) has entered in to joint venture (JV) with Otsuka AgriTechno Co., Ltd. (OAT) to set up a new research and development (R&D) Centre at Chopanki (Rajasthan) for new products in the country. OAT would provide the technology and know-how of the research and invention methods. The JV would mainly focus on research and invention of new agricultural chemicals besides managing intellectual property for the products invented in the Research Centre.