Coromandel International Announces ₹2,000 Crore Investment in Kakinada Facility.

Coromandel International Limited is stepping up efforts to achieve self-reliance in the phosphatic fertilizer sector with a major investment of ₹2,000 crore at its Kakinada facility.

Sankarasubramanian S, Managing Director and Chief Executive Officer of Coromandel International, said the company is pursuing a multi-pronged strategy aimed at reducing its dependence on China for raw materials. The move is part of a broader plan to create an integrated domestic manufacturing base for key inputs and finished products.

The initiative comes amid persistent challenges in sourcing crucial raw materials and the global scarcity of Diammonium Phosphate (DAP) imports, following China’s restrictions on fertilizer exports and recurring delays caused by its quota system on specialty fertilizer materials.

Coromandel’s investment is expected to strengthen India’s fertilizer supply chain and enhance the country’s long-term agricultural resilience.