In a strategic diversification move, Coromandel Chemicals Ltd, a wholly owned subsidiary of Coromandel International Ltd, has formed a joint venture with Sakarni Plaster India Pvt Ltd to manufacture and market eco-friendly construction materials derived from phospho gypsum. The initiative signals Coromandel’s pivot from its traditional agri-inputs business into the green building space, while also strengthening Sakarni’s leadership in the gypsum products segment.