India, which has so far been an urea importer is all set to become an exporting nation in the next 5 years with an addition of 10 million tonnes (MT) in fertilizer production capacity at an estimated investment of Rs 60,000 crore. Fertiliser Minister Ananth Kumar underscored that this development would help realize the dream of Prime Minister Narendra Modi to make India urea exporting country.
Further, the Minister highlighted that the government was working on revival and expansion plans with regard to 9 fertilizer (urea) plants in 5 years with an investment of Rs 60,000 crore, and the work with respect to that had already been commenced.
Among the five plants, the minister asserted the government has already started the revival process of closed fertilizer plants in Talcher and Ramagundam and had approved other two plants in Gorakhpur and Barouni. With regards to Sindri plant, fertilizer minister stated that his ministry was working on its revival process.
The minister added that new plants will be set up by Rashtriya Chemicals and Fertilsiers at Thal in Maharashtra and by BVFCL in Assam, post to which India’s urea production will increase by another 10 MT to 32 MT.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: