Urea import dependency in India to fall to 10-15% from 30% in near term: Crisil
India’s urea industry, which contributes to a significant portion of chemical fertilizer demand, has taken strong strides towards self-sufficiency. As per a Crisil Ratings report, the import dependency in the sector is expected to reduce to 10-15 per cent in the near to medium term from its peak of 30 per cent seen in financial…