In a significant step towards ensuring long-term fertiliser availability for the farming community, India’s fertiliser companies- Coromandel International, Chambal Fertilizers and Indian Potash Limited signed an MoU with Canpotex, Canada on 27th September 2022.
The MoU was presented to Union Minister of Chemicals and Fertilizers Dr Mansukh Mandaviya, here today. Canpotex, Canada is amongst the largest suppliers of Potash globally, exporting around 130 LMT of product annually.
Union Minister Chemicals & Fertilizers hailed the signing of long term agreements between the companies for supply of MOP (Muriate of Potash) to the Indian farmers. Calling this a path-breaking step, Dr Mansukh Mandaviya stated that “The MOU will reduce both supply and price volatility and ensure stable long-term supply of Potassic fertilizers to India.