IFFCO, Coromandel International To Manufacture Nano DAP For 3 Years: Govt

Fertiliser cooperative major IFFCO and Coromandel International Ltd (CIL) will manufacture Nano DAP for a period of three years

Topics

Fertiliser | IFFCO | Coromandel International

Press Trust of India  |  New Delhi 



fertilisers

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

cooperative major and Ltd (CIL) will manufacture Nano DAP for a period of three years.

A notification in this regard was issued on March 2, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said in his written reply to the Lok Sabha on Friday.

Di Ammonium Phosphate (DAP) is the second most widely consumed after urea in the country.

The minister further said has informed that it is setting up a Nano DAP plant at its Kalol unit, Gujarat with a production capacity of 2 lakh bottles of 500 ml per day.

"Nano DAP will be available in the market across the country after commencement of commercial production," he added.

On its benefits, the minister shared that preliminary field trials were conducted by and CIL on select crops in select institutes of Indian Council of Agricultural Research (ICAR).

The report has indicated that with the use of Nano DAP as seed treatment and foliar application, there is a possibility of saving of granular DAP (Di Ammonium Phosphate) conventionally applied, he said.

Nano DAP is the second product from the nano stable after nano urea that is being promoted in a big way by the government to cut subsidies and promote efficient use of plant chemicals.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Sat, March 18 2023. 14:36 IST


RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more