India's Fertilizer Imports Rise Significantly Amid Strong Agricultural Demand
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India's Fertilizer Imports Rise Significantly Amid Strong Agricultural Demand

India's fertilizer imports surged by 60% to 17.37 million tonnes in April-November of the current fiscal year, driven by strong demand for winter crops and robust monsoon rains. This increase, particularly in urea and DAP, aims to ensure adequate supply after a previous shortage. While imports meet a significant portion of domestic needs, especially for MoP and DAP, the surge may impact the government's subsidy bill, though stable global prices could mitigate this.

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