In a major step toward agricultural self-sufficiency, Paradeep Phosphates Ltd. (PPL) and the Government of Odisha signed a Memorandum of Understanding (MoU) to enhance fertilizer production in the state. The signing ceremony, held in Bhubaneswar, was attended by key officials, including Mr. Hemant Sharma, IAS, Additional Chief Secretary, Department of Industries, and Mr. Suresh Krishnan, MD & CEO of PPL.
A Partnership for Growth
This strategic partnership aims to increase production capacity, integrate key raw materials, and invest in sustainable practices. These initiatives will ensure a steady supply of high-quality fertilizers, helping farmers improve crop yields and enhance their livelihoods.
Speaking at the event, Mr. Hemant Sharma emphasized the importance of this collaboration:
“Agriculture is the backbone of Odisha’s economy. Ensuring a reliable supply of quality fertilizers is essential for our farmers. This MoU reflects our commitment to building a self-sustaining agricultural ecosystem.”
Echoing this vision, Mr. Suresh Krishnan highlighted PPL’s focus on innovation and sustainability:
“By leveraging advanced technology and eco-friendly production methods, we aim to support farmers and promote long-term agricultural growth.”
A Brighter Future for Farmers
The MoU will create job opportunities, introduce modern farming solutions, and improve access to essential agricultural inputs. Farmers across Odisha will benefit from higher productivity, increased profitability, and a more resilient farming sector.
With this partnership, Odisha takes a significant step toward self-reliance in fertilizer production, ensuring a prosperous future for its farmers and the state’s agricultural economy.
