A number of private companies in the Indian fertilizer market are engaged in production of the agro-input. Most of the companies also engage in exporting fertilizers in the global market, earning foreign capital from the business. The country stands at the third position among the largest producers of the product in the world. India is also ranks among the highest consumers of fertilizers.
The euphoric growth in the business has also facilitated the agricultural industry of India, which is dependent for its optimization on the fertilizer industry.
Phosphatic and nitrogenous fertilizers such as urea, single super phosphate and ammonium are produced by the companies in India. Complex fertilizers such as di-ammonium phosphate are also domestically produced. However, lack of indigenous reserves of potash does not support the production of potassic fertilizers in the country. The nitrogenous fertilizer production capacity is higher in the public sector units while the private companies in the Indian fertilizer market have a larger capacity for the production of phosphatic fertilizers.
Professor at Columbia University. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. Author of "Freefall: America, Free Markets", "The Sinking of the World Economy", "Globalisation and its Discontents" & "Making Globalisation Work".
Nouriel Roubini, a.k.a. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Roubini has been consistently cited as one of the world’s top global thinkers. This year, he was voted as the most influential economist in the world by Forbes magazine.
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
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