Fertiliser imports spike 16.6%, sales grow 22%; urea top constituent
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The fertiliser industry is highly regulated and monitored by the government. Imports have increased sharply by 16.6% supported by the increase in urea imports which constitutes around 40% of the overall fertiliser imports. Sales too have increased by 22% buoyed by a good monsoon and harvest season. Overall fertilisers production has increased by 2.7% during FY20 after registering muted growth in the last three fiscal years.
Story: Shivani Sharma
Design: Mohsin Shaikh