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Shortage of key fertiliser exposes Indian agriculture’s alarming dependency on China, imports

Economic Times LogoEconomic Times3d ago

Shortage of key fertiliser exposes Indian agriculture’s alarming dependency on China, imports - Economic Times

Quick Summary:

Experts say the government must prioritise scaling up domestic fertiliser production to reduce dependence on imports from countries like China, cutting risks associated with increasingly volatile global supply chains.

Experts say that India's imports of DAP and MOP have been severely disrupted by China's trade restrictions and the Israel-Hamas conflict, necessitating changes in import routes and causing major supply chain problems.

"Fertiliser demand in India has been growing at a steady rate of 4-5% annually, driven by government subsidies, increasing awareness of balanced fertilization, and the expansion of agricultural activities.


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Article Details

Author / Journalist: Ashish Pandey

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 09:26:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2533 words

Reading Time: 15 minutes read

Sentences: 100 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 24407865

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About Economic Times

Economic Times Logo

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 20 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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