Fertilizer Industry in India
Significance
- Robust Growth: Between 2021 and 2026, the Indian fertilisers market is anticipated to grow at a CAGR of 11.9%. In 2020, the Indian fertiliser market was worth INR 887 billion.
- Nitrogen Fertilizer: When it comes to fertilisers based on nitrogen, India's fertiliser sector has made good strides. After China, India is the country that uses urea fertilisers the most.
- Good Phosphate Production: India is also third in the manufacture of phosphatic fertilisers and second in the production of nitrogenous fertilisers. Since we only have a little amount of potash on hand, imports are required to meet our potash needs. ....
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