Urea Import dependency

Crisil Projects India’s Urea Import Dependency to Fall to 10-15% From 30%

In a positive development, India’s urea industry is now making significant progress towards achieving self-sufficiency. According to a report by Crisil Ratings, the country's dependence on urea imports is expected to decline to 10-15% in the near to medium term, down from 30% in the financial year 2020-21. This reduction...