India's Fertiliser Sector Strides Towards Green Self-Reliance Amid West Asia Crisis
India assures farmers of adequate fertiliser supplies despite the West Asia crisis, emphasizing a stride towards self-reliance with green ammonia initiatives. Current stocks suffice for upcoming demands, while government diversification efforts explore new import sources globally, aiming to lessen dependence on traditional suppliers and manage domestic production challenges.
- Country:
- India
India's Union Chemicals and Fertilisers Minister J P Nadda announced on Monday that the country has adequate fertiliser stocks to meet domestic demands, urging farmers not to panic amid the crisis in West Asia. He described a new green ammonia supply agreement as a key step towards self-reliance in the sector.
India produced 306.67 lakh tonnes of urea for 2024-25, importing 56.47 lakh tonnes to meet demands. The government anticipates a requirement of 390 lakh tonnes for the upcoming Kharif season, with current stocks sufficient compared to last year.
The Gulf region remains crucial for India's imports, providing large percentages of urea and LNG for urea production. Efforts to diversify import sources include coordinating with international missions while increasing domestic production capabilities to reduce dependency on foreign suppliers.
(With inputs from agencies.)
ALSO READ
Federal Bank Q4 net profit jumps 22 pc; reports rise in remittances since West Asia war
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRA
ATMA seeks customs duty relief on key raw materials to tide over West Asia war impact
Replace LPG with PNG in crew resting rooms due to West Asia crisis: Railways to Zones
"Definitely we will win as our nation is determined...better for them to accept 10 conditions": Deputy Representative of Iran's Supreme Leader speaks on West Asia conflict

