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Expansion▲ Bullish for Indian equities
India's urea self-reliance push draws 17 proposals worth ₹2 trillion
The brief
- 17 proposals worth ₹2 trillion are under examination by the department of fertilizers
- Proposals cover new urea plants and expansions of existing facilities
- Potential capacity expansion matters to Indian fertiliser producers and agriculture
- Govt to support farmers hit by drought, floods, says Shivraj Chouhan
- RCFL bags Rs 797-cr order from Larsen & Toubro
- Rashtriya Chemicals awards ₹797 crore ammonia plant revamp order to Larsen & Toubro
- KRIBHCO announces ₹825 cr profit, 20% dividend
- Govt spends 65% of budgeted FY27 fertiliser subsidy in H1
India's urea imports and domestic capacity plans
India floated a tender to import 1.7 million tonnes of urea ahead of the rabi season. Separately, urea imports more than doubled to 4.75 million tonnes in April-August, while domestic production rose 4.4%.
Sunday, 27 September
Saturday, 26 September
- India's urea self-reliance push draws 17 proposals worth ₹2 trillion