National Fertilizers Ltd (NFL) will hold an 18% equity stake in a joint venture to establish the Namrup IV Fertilizer Plant in Assam, reinforcing India’s commitment to self-sufficiency in fertilizer production.
🌟 Key Highlights:
✅ Strategic Expansion – Part of the government’s initiative to boost domestic fertilizer output
✅ 12.7 Lakh Tonne Annual Capacity – Strengthening agricultural supply chains
✅ Public-Private Collaboration – NFL joins hands with the Department of Fertilizers for this JV
This move aligns with India’s broader goals of enhancing food security, reducing import dependency, and supporting farmers with a steady fertilizer supply.
💬 What impact do you see this having on India’s agriculture sector? Let’s discuss!
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