UREA

Nagarjuna Fertilizers has successfully cleared its massive debt, positioning itself for a potential merger with AM Green to optimize brand and distribution synergies. The unresolved sale issues of its plant and business loom large, impacting the tra...

Union Minister Sarbananda Sonowal met with Union Minister JP Nadda to discuss expanding the Brahmaputra Valley Fertiliser Corporation Ltd in Namrup. Sonowal urged Nadda to expedite Nano Urea Plant projects within the BVFCL compound. Nadda assured a ...

Demand in the fertiliser sector remained robust in FY24, led by higher availability of funds with farmers due to various policy measures, and the stable farm gate prices. Moreover, the sector over the past two-three years has seen supplementary budg...

The Centre aims to reduce the fiscal deficit to 5.1% of GDP, with allocations for food and fertiliser subsidies slightly lower than previous estimates. Plans include reducing dependency on imports for better fertiliser subsidy management.

A closer look at India’s strategy to end urea imports by 2025 shows gaps that need to be filled before shutting the import tap.

Coromandel International Ltd has launched a nano fertiliser plant at its Kakinada facility, aiming to revolutionise Indian agriculture with energy-efficient technologies. The plant, with an annual capacity of one crore bottles, will produce nano fer...

In 2023, the Indian fertilizer market size stood at Rs 94,210 crore, driven by increased agricultural demands and strategic governmental interventions.

IFFCO and Drone Destination collaborate on a significant deal to enhance agricultural productivity through drone spraying across 30 lakh acres. The partnership aims to revolutionize Indian agriculture with innovative technologies and products.

The Indian government has approved a new product, 'Nano Urea Plus', to be manufactured by cooperative IFFCO in the next three years. The product, which has a 16% nitrogen content, is designed to meet crop nitrogen requirements at critical growth pha...

Asked about achieving self-sufficiency in urea production, Mandaviya said the Modi government has adopted a two-pronged strategy to end dependency on urea imports.

The Directorate General of Foreign Trade (DGFT) in a notification, said that import of urea (for agriculture purpose) on government account shall be allowed either by designated state trading enterprises (STE) itself, or other entities authorised by...

Addressing a 'Lakhpati Didi' sammelan in Karnal, Khattar said that under this programme, 102 women have been given drone training and work has also been provided in various departments. The chief minister said being an agrarian state, there is a gre...

Fertilizer Minister Mansukh Mandaviya announced a decline in traditional urea consumption in India from 357 lakh tonnes in FY 2023 to an estimated 327 lakh tonnes in FY 24, attributed to the introduction of nano urea. This reduction amounts to 25 la...

India's urea imports saw a significant decline of 21.3% in 2023 to 7.41 million tonnes due to increased domestic production, reports S&P Global Commodity Insights. Domestic urea production rose by 13.4% to 31.11 million tonnes in 2023 compared to 27...

The Union Cabinet, led by Prime Minister Narendra Modi, approved the determination of marketing margin on the supply of domestic gas to Fertilizer (Urea) Units. This approval aims to provide additional funds to various Fertilizer (Urea) Units for th...

For importers of P&K fertilisers, including di-ammonium phosphate (DAP) and Muriate of Potash (MoP), the profit margin allowed is 8 per cent. It has permitted 10 per cent profit for manufacturers and 12 per cent for integrated manufacturers. Unreaso...

Terming it a "game changer", the minister said this would not only fulfil the domestic requirement of nano urea but boost exports as well.

India's urea production increased from 225.08 lakh tonnes in 2014-15 to 284.95 lakh tonnes in the fiscal year 2022-23, according to information provided in Lok Sabha. The government has implemented policies such as the New Investment Policy (NIP) - ...

The Fertiliser Association of India (FAI) pointed out a recent rise in global Di-ammonium phosphate (DAP) prices, suggesting a need for increased government subsidies or retail prices if the elevated international rates persist. Presently, fertilise...