Published On:December 11 2014
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Government to add 6-7 fertiliser manufacturing facilities over next five years.
Government will add 6-7 fertiliser manufacturing facilities to the country's existing capacity through a mixture of new units and revival of closed sites over the next five years to boost domestic production, Fertiliser Minister Ananth Kumar said today.
India imports urea as well as phosphatic & potassic (P&K) fertilisers like DAP and MOP, to meet domestic demand of soil nutrients.
Addressing a conference of industry body Fertiliser Association of India (FAI), Kumar also assured that government will clear fertiliser subsidy arrears within a month.
'For the last one decade, the country has not seen a new fertiliser plant but the honourable Prime Minister told us that we should follow the principle of Make In India. We are going to start and revive at least 6-7 fertiliser plants in next 5 years. It will be in both public and private sectors,' he said at the conference.
ET