Fertilizer Industry in India

Fertilizer Industry

Fertilizers are substances that provide one or more of the chemicals required for plant growth.Fertilizers can be both organic and inorganic. As per industry experts, it is said that sixteen elements are necessary for plant growth. Out of these sixteen, 9 elements are required in large quantities, while the other seven are needed in smaller amounts. Since agriculture is a vital sector, the fertilizer industry is one which the Indian economy cannot do without. The fertilizer industry in India is highly vital as it manufactures some of the most critical raw materials required for crop production. The primary objective of this industry is to ensure the inflow of both primary and secondary elements as are necessary for crop production in the desired quantities.

The success of the agricultural sector in India is mainly dependent on the fertilizer industry. The the benchmark that the food industry in India has set is primarily due to the many technically competent fertilizer producing companies in the country.

The Indian fertilizers market is estimated to record a CAGR of 11.9% during the forecast period (2021-2026). The Indian fertilizer market reached a value of INR 887 Billion in 2020. The rise fertilizer consumption has contributed majorly to the country's sustainable production of food grains.

India is home to numerous top-class private and government fertilizer companies. Ranging from fertilizers to seeds to fungicides, the many fertilizer companies in India are the primary reason behind the success story of the sector in India.

In the present scenario, the niti.gov.in states that 56 large plants produce nitrogenous, phosphatic and complex fertilisers and 72 medium and small fertilizer production units under the Indian fertilizer industry, which have single super Phosphate (SSP). The main products manufactured by the fertilizer industry in India are phosphate-based fertilizers, nitrogenous fertilizers, and complex fertilizers. With its rapid growth, the fertilizer industry in India is all set to make a long-lasting global impression.

Types of Fertilizers

Organic Fertilizer

These are the most commonly used fertilizers. Organic fertilizers are readily available and highly safe. It could be made at home. They are composed of natural and organic materials. Some popular organic fertilizers include manure, peat moss, worm castings, slurry, sewage, seaweed and guano.

Advantages of Organic Fertilizers

• Improve the quality of the soil.
• Mobilize the existing soil nutrients.
• Release nitrogen slowly and consistently.
• Soil moisture retention.
• Do not harm the plants like chemical fertilizers.

Inorganic or Chemical Fertilizer

These fertilizers are usually derived from chemical compounds like potassium chloride, ammonium phosphates and ammonium nitrate. It could be used for short-term growth. Some of the popular Inorganic fertilizers used in India are limestone, mined rock phosphate and Chilean sodium nitrate

Advantages of Organic Fertilizers

• The more the amount of nitrogen, the healthier the plants' stems and leaves.
• Increased phosphorus levels result in healthier tubers and roots
• The Potassium obtained from potash promotes stems and leaves development.
• Releases nitrogen quickly.

Public Sector Fertilizer Companies

• National Fertilizers Limited
• Fertilizers & Chemicals Travancore Limited
• Rashtriya Chemicals & Fertilizers Limited
• Madras Fertilizers Limited
• Steel Authority Of India Limited
• Neyveli Lignite Corporation Limited
• Paradeep Phosphates Limited
• Pyrites, Phosphates & Chemicals Limited
• Hindustan Fertilizer Corporation Limited

Private Sector Fertilizer Companies

• Ajay Farm-Chem Private Limited
• Balaji Fertilizers Private Limited
• Deepak Fertilizers and Petrochemicals Corporation Limited
• Bharat Fertilizer Industries Limited
• Coromandal Fertilizers Limited
• Gujarat Narmada Valley Fertilizer Co. Limited
• Meerut Agro Chemicals Private Limited
• Duncans Industries Limited
• Karnataka Agro Chemicals
• Godavari Fertilizers Chemical Limited
• Shri Amba Fertilizers (I) Private Limited
• Tuticorin Alkali Chemi & Fertilizer Limited
• Gujarat State Fertilizers & Chemicals Limited
• Indo-Gulf Fertilizers & Chemicals Corporation Limited
• Southern PetroChemical Industries Corporation Limited
• Maharashtra Agro Industrial Development Corporation
• Zuari Industries Limited- Fertilizer Limited
• Mangalore Chemicals & Fertilizers Limited

Top Fertilizer Companies in India

• Tata Chemicals
• Coromandal Fertilizers Limited
• Hindustan Copper Ltd
• Chambal Fert
• FCI Aravali Gypsum Minerals
• The Fertiliser Corp. Of India
• Brahmaputra Valley Fertiliser Corp.
• Neyveli Lignite Corporation
• Rashtriya Chemical Fertilisers
• Shiva Global

Map Showing Fertilizer Companies in India

Last Updated on July 28, 2021