india fertilizers industry (1)

According to Renub Research latest report, “India Fertilizer Market, Impact of COVID-19, Forecast by Consumption, Industry Size, Growth Trends, Company Analysis, Financial Insight” finds that India Fertilizer Market is expected to be US$ 26.33 Billion by 2026. For ages, the fertilizer industry in India has played a pivotal supporting role to the Indian agricultural sector. Further, the farmers' growth in chemical fertilizers has been the secret of the nation's green revolution in the late sixties. Henceforth, today, India comes amongst the core producing and consuming countries of fertilizers in the world. Moreover, the Indian fertilizers market is also largely dependent on imports from various countries, especially potash fertilizers.

 

Role of Government in the Indian Fertilizer Industry:

The fertilizer industry is profoundly regulated and monitored by the Government. The difference amid the cost of production, which is higher than the price at which the fertilizer is sold to the ben