[6] Headquartered in Mumbai, the company is engaged in both agro and non-agro activities.

The agro-business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds, and other agriculture-related products.

The non-agro segment includes manufacturing and marketing industrial chemicals and other non-agricultural products such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialty chemicals, and nutrifeeds.

[9] On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc.

The acquisition was completed in February 2019,[10][11] making UPL the fifth largest generic agrochemicals company in the world after Bayer, Corteva, Syngenta and BASF.