The fertilizer department has proposed a major reform to improve subsidy distribution. It asked the agriculture ministry to create a system using land records, cropping patterns, and soil health data. This system will determine subsidies for farmers and aims to roll out Direct Cash Transfers (DCT). Moreover, a parliamentary panel has expressed its support for…
An ACFI-EY report projects that with the right support, India’s agrochemical exports could exceed Rs 80,000 crore in the next four years. Currently, the industry exports more than Rs 43,000 crore, leveraging its competitive edge in quality and affordability to achieve this ambitious target. The report, titled “Indian Agrochemical Industry: The Story, the Challenges, and…
Indian fertilizer importer FACT has recently made changes to the closing date of its reissued FACT NPK tender, shifting the deadline from 29 August to 5 September. The tender aims to procure around 40,000t of 15-15-15 grade NPK fertilizer to support India’s agricultural needs. As per the updated timeline, the FACT NPK tender will close…
Major Investment in Panagarh Plant Matix Fertilizers and Chemicals, a leading urea producer in India, has revealed plans to invest ₹7,500 crore in a brownfield expansion at its existing plant in Panagarh Industrial Park, West Bengal. The expansion aims to double the company’s urea production capacity, further cementing its leadership in the fertilizer sector. Consistent…
IFFCO, a leading name in the fertiliser industry, is seeking government approval to launch its latest innovation—nano NPK fertiliser. This development follows the successful introduction of Nano Liquid Urea in June 2021 and Nano Liquid DAP in April 2023. A Step Towards Innovation IFFCO’s Managing Director, U.S. Awasthi, announced that the cooperative plans to launch…
DFPCL has announced an important expansion of its Nitric Acid plant in Dahej, Gujarat, to meet the growing demands of the merchant market and downstream industries. This ambitious project, with a budget of ₹1,950 crore, positions DFPCL as Asia’s largest manufacturer of Nitric Acid, further solidifying its leadership in the industry. For over 40 years,…
KBR has announced that it will provide its advanced ammonia technology for KazAzot’s first world-scale fertilizer complex in Kazakhstan. The plant, located in Aktau, will produce 2,000 metric tons of ammonia per day. As part of the project, KBR will offer a complete package of solutions. This includes a technology license, proprietary engineering design, equipment,…
India has reduced the export duty on parboiled rice from 20% to 10%, the government announced in a Friday notification. The decision comes as the country’s rice inventories grow and farmers prepare to harvest a new crop in the coming weeks. This cut in export duty is expected to lower India’s export prices, increase shipments,…
In a significant address on the ongoing fertilizer crisis, Indian Farmers Fertiliser Cooperative Limited (IFFCO) Chairman, Dilip Sanghani, discussed the acute shortage of liquid fertilizer in the country. He attributed the crisis to China’s decision to halt fertilizer exports, a move that has disrupted India’s agriculture sector. Speaking to the media, Sanghani stated, “50 %…
In the competitive fertilizer sector, Hindustan Urvarak & Rasayan Limited (HURL) recently announced the HURL DAP and TSP Tender for the import of Di-Ammonium Phosphate (DAP) and Triple Super Phosphate (TSP) at the West Coast of India (WCI). This tender generated significant attention within the industry, particularly due to the due date of October 23,…
