SFIA
GST rate cut on raw materials offers lifeline to struggling fertilizer manufacturers
The reduction in GST rates on key fertilizer raw materials like sulphuric acid and ammonia to 5% has relieved the industry, according to SFIA. This move addresses a long-standing tax disparity where inputs were taxed at 18% while finished fertilizers were at 5%, easing liquidity pressures and benefiting MSMEs.
Shortage to scam: Fake fertilisers, pesticides flood farms - how much is China to blame?
With limited supply, a rise in agrochemical input demand has created fertile ground for counterfeit products, an issue further aggravated by China’s export restrictions, which were later relaxed, say experts.
Fertilizer industry faces compliance challenge as biostimulant regulations kick in
New regulations are impacting India's specialty fertilizer industry. Biostimulants now fall under government control. Small manufacturers may struggle with compliance costs. The Soluble Fertilizer Industry Association highlights implementation challenges. Thousands of biostimulant products await approval. Despite hurdles, the market shows growth.
India's first indigenous water-soluble fertiliser technology to cut Chinese import dependence
India has achieved a significant breakthrough in fertilizer technology, developing its first indigenous water-soluble fertilizer production process after seven years of research. This "Make in India" initiative, supported by the Ministry of Mines, aims to reduce the country's heavy reliance on Chinese imports.
China to reimpose specialty fertilizer export curbs from Oct, India braces for price surge: SFIA
India's specialty fertiliser sector anticipates new supply issues. China plans to reinstate export restrictions starting in October. This could lead to price increases for farmers. Rajiv Chakraborty of the Soluble Fertilizer Industry Association shared this. Companies are trying to secure supplies before the restrictions begin. Indigenous supplies might help later. India heavily relies on Chinese specialty fertiliser imports.
Dependent on China, drowning in red tape: How a broken policy regime is killing India’s small fertiliser manufacturers
India’s domestic fertiliser production growth has been sluggish due to policies that favour imports, putting local manufacturers at a disadvantage, especially MSMEs.
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How China is playing a twin-track game with India
India, China ties: Despite diplomatic efforts to normalise relations, China is employing trade as a strategic tool against India, halting key exports like rare earth magnets and fertilizers. These actions, impacting India's manufacturing and agriculture, appear to be a response to India's restrictions on Chinese economic engagement following border clashes.
After magnets, China now plants agriculture barrier for India
For the past two months, China has ceased exporting specialty fertilizers crucial for enhancing the production of fruits and vegetables to India, despite continuing shipments to other countries. This halt, impacting India's reliance on China for 80% of these chemicals, is attributed to inspections and procedural delays imposed by the Chinese government, raising concerns about potential retaliatory measures.
Outdated fertiliser rules favour imports over domestic production: Industry
Industry bodies are criticizing India's outdated fertilizer regulations, claiming they favor Chinese imports over domestic manufacturers, hindering the "Make in India" initiative. The current framework, governed by both central and state authorities, imposes excessive compliance burdens on local startups, requiring multiple licenses and infrastructure in each state.
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