The post Coromandel International Strengthens Fertilizer Value Chain Amidst Global Disruptions appeared first on Vizag One.
]]>The Indian Government’s Nutrient-Based Subsidy (NBS) policy has been critical in keeping fertilizers affordable. However, with subsidies reduced for the Kharif 2024 season due to declining global commodity prices, the sector faces new pressures. Sankarasubramanian emphasized that strong demand fundamentals remain intact, and timely subsidy announcements have helped industries plan raw material procurement effectively.
Coromandel International is navigating these changes by:
The ongoing Russia-Ukraine war has created widespread supply chain disruptions, particularly affecting key raw materials like potash, phosphate, and ammonia. Despite these challenges, Coromandel maintained full plant operations by leveraging strategic long-term supply contracts. This proactive approach ensured steady production amidst a volatile global landscape.
Sankarasubramanian expressed optimism about the future of nano fertilizers, particularly Nano DAP, in India. “The potential to replace conventional fertilizers with nano variants is promising,” he remarked.
Coromandel’s innovations in this space include:
With a focus on innovation, resource efficiency, and sustainability, Coromandel International is not only addressing current market challenges but also preparing for a future driven by technological advancements in agriculture.
As Sankarasubramanian aptly summarized, “Our investments in R&D and backward integration are key to strengthening the fertilizer value chain and supporting Indian agriculture.”
The post Coromandel International Strengthens Fertilizer Value Chain Amidst Global Disruptions appeared first on Vizag One.
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