https://www.alphainvesco.com/blog/wp-content/uploads/2019/03/Fertilizer-Industry-Featured-Image.jpg 675 1200 Zain Iqbal https://www.alphainvesco.com/blog/wp-content/uploads/2018/11/logo-2.png Zain Iqbal2019-03-07 10:54:232019-03-11 12:27:11Indian Fertilizer Industry - Current Landscape, Subsidies & Government Policies
Urea production dominates the fertilizer production in the country. While India is the second largest consumer of urea, GOI is working towards increasing the production of urea so as to end all urea imports in 2022. DAP is the second most used fertilizer after urea and after the recent fall in the prices of key raw material used in making DAP, India has started to manufacture DAP also which is used to import previously. GOI is also encouraging the use of SSP which is considered a substitute of DAP, which we largely import and is costlier vis-à-vis to SSP.