Urea Import Will Be A Thing Of Past Post 2025 Claims Union Minister Mandaviya

| Updated: July 6, 2022 12:58 pm

Union minister for chemicals and fertilisers Mansukh Mandaviya has said that by 2025 the country will have the capabilities to produce 440 million bottles of 500 ml nano liquid urea equivalent to 20 million tonnes of urea. India needs to import around 9 million tonne urea annually at present. The enhanced capacity will take care of this need.

The nano urea is introduced in the market by the cooperative giant IFFCO. At it’s plant at Kalol near Gandhinagar in Gujarat, IFFCO has started commercial production since August 2021.

At present the domestic production of urea is around 26 million tonnes whereas the demand is pegged at around 35 million tonnes. The gap of 9 million or so tonnes of urea, which the country is forced to import cost foreign exchange of Rs.40000 crores per annum. By 2025, the country will be able to save on precious foreign exchange to this extent.

Apart from saving on foreign exchange, the nano urea can help reduction in air, soil and water pollution. At present the nano urea capacity in the country is 50 million bottles per year. Apart from the present installation, IFFCO is set to establish seven more nano urea plants. IFFCO has also transferred the technology to two state owned firms RCF and NFL, free of cost.

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