Recent strategic discussions and a visit by India’s Union Minister for Chemicals and Fertilizers JP Nadda to Saudi Arabia in July 2025…
…India has solidified long-term agreements for the supply of Diammonium Phosphate (DAP) fertilizer.
Valid points of the agreements :
- Secured Supply: Maaden, Saudi Arabia’s state-owned mining company, has signed long-term agreements with three major Indian fertilizer companies: Indian Potash Limited (IPL), KRIBHCO, and Coromandel International Ltd (CIL).
- Quantity and Duration: These agreements will supply 3.1 million metric tons of DAP annually for five years starting from the Indian fiscal year 2025-26, with an option to extend for another five years. This represents a significant increase compared to the 1.9 million metric tons imported in fiscal year 2024-25.
- Expanded Cooperation: Both countries are interested in expanding their partnership to include other fertilizers like urea and exploring mutual investment opportunities in the fertilizer sector.
This strategic move aims to improve India’s fertilizer security and reduce dependence on other suppliers. The long-term nature of these agreements is expected to provide stability for India’s agricultural sector and strengthen ties between the two nations, For national news click www.eminentnews,com
