India's Fertiliser Imports Soar to Record $18 Billion Amidst Bumper Monsoon
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Firstpost•21-01-2026, 15:45
India's Fertiliser Imports Soar to Record $18 Billion Amidst Bumper Monsoon
- •India's fertiliser imports are projected to hit a record $18 billion this fiscal year, a 76% increase from the previous year.
- •The surge is attributed to heavy monsoon rains, which boosted crop areas and led to higher consumption of fertilisers like urea and DAP.
- •In the first nine months of the fiscal year, imports already reached $13.98 billion, with an additional $4 billion expected in the March quarter.
- •Urea imports are forecast to rise by 61% to 9 million metric tons, and DAP imports by 52% to 7 million tons.
- •Ample monsoon rainfall, 8% above average from June to September and 49% higher in October, provided ideal conditions for winter crop sowing.
Why It Matters: Record monsoon rains have driven India's fertiliser imports to an unprecedented $18 billion, signaling a potential bumper crop.
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