Top 10 Fertilizer Manufacturing Companies in India 2023 | By IMARC Group

PRESS RELEASE

Published February 7, 2023

Indian Fertilizer Industry Outlook:

Fertilizer refers to specialized formulations that are applied to soil and plant tissues to supply nutrients. They are available in nitrogenous, potash, phosphatic, and micronutrient variants. These fertilizer products maintain soil fertility and promote adequate growth of the crops to enhance crop yield and quality and improve overall agricultural production. Consequently, they are in extensive demand among farmers across India.

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Indian Fertilizer Industry Growth Analysis:

The growing population and the escalating need for food crops are among the key factors driving the top 10 Indian fertilizer companies. Moreover, the launch of numerous favorable policies by government bodies aimed at providing fertilizers to the farmers at a subsidized rate for encouraging the production of high-quality crops is acting as another significant growth-inducing factor. In line with this, the introduction of Krishi Vigyan Kendra (KVKs) and National Food Security Mission (NFSM), which are improving food productivity and facilitating the production of domestic fertilizers in India, is further stimulating the market growth.

Apart from this, the inflating investments in research and development (R&D) activities to innovate new technologies that help develop advanced fertilizers and the expanding usage of contract farming, where inputs related to training and technology are provided to the farmer from the food processor or contractor is also positively influencing the market across the country. Furthermore, the emerging trend of organizing government non-government awareness campaigns to educate farmers about the benefits of fertilizers and the elevating product promotion through radio, television, and customized rural workshops are expected to propel the top 10 Indian fertilizer companies over the forecasted period.

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Top 10 Fertilizer Manufacturing Companies in India:

Chambal Fertilisers and Chemicals Limited
Establishment: 1985
Headquarter: New Delhi
Coromandel International Limited
Establishment: 1961
Headquarter: Secunderabad
Deepak Fertilisers and Petrochemicals Corporation Limited
Establishment: 1979
Headquarter: Maharashtra
Fertilisers And Chemicals Travancore Limited (FACT)
Establishment: 1943
Headquarter: Kerela
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
Establishment: 1976
Headquarter: Gujarat
Gujarat State Fertilizers & Chemicals Limited (GSFC)
Establishment: 1962
Headquarter: Gujarat
Hindustan Fertilizer Corporation Limited (HFCL)
Establishment: 1978
Headquarter: New Delhi
Indian Farmers Fertiliser Cooperative Limited (IFFCO)
Establishment: 1967
Headquarter: New Delhi
Krishak Bharati Cooperative Limited (KRIBHCO)
Establishment: 1980
Headquarter: Uttar Pradesh
MADRAS FERTILIZERS LIMITED
Establishment: 1966
Headquarter: Chennai

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