Increased use of nano-urea has reduced 25 lakh tonnes of traditional urea: Fertilizer Minister
consumption of traditional urea in India has declined from 357 lakh tonnes in financial year 2023 to estimated 327 lakh tonnes in FY 24 due to the introduction of nano urea, said fertilizer minister Mansukh Mandaviya on Friday.
The country has reduced the consumption of traditional urea by 25 lakh tonnes, the minister said, without revealing the savings in subsidy on this account.
With this the government intends to reduce the import of traditional urea becoming self reliant, he said, adding that the balance use of fertilizers will help on improving the quality of soil.
Talking about the revival of various urea plants in the country which will add to the domestic production, Mandaviya said that the country will start exporting it after it becomes self sufficient.
PM Narendra Modi inaugurated a Rs 8,900-crore fertiliser plant at Sindri in Dhanbad district which will add about 12.7 LMT (lakh metric tonne) per annum of indigenous urea production.
According to a report by S&P Global Commodity Insights India's urea imports in 2023 declined 21.3% year-on-year to 7.41 million tonnes on account of higher domestic production.
The country’s domestic urea production increased 13.4% on the year to 31.11 million tonnes in 2023 from 27.43 million tonnes in 2022, the report added.
Currently, India operates four fertilizer plants and the government aims to establish a fifth one named Talcher Fertilisers Ltd, which is expected to become operational in September 2024, having a production capacity of 3.85 million tonnes per
