--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20200117-fertilizer-offtake-in-india-is-expected-to-be-healthy/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Fertilizer offtake in India is expected to be healthy Publication Date: 2020-01-16T21:05:14-05:00 Last Updated: 2020-01-15T21:59:17-05:00 Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/) Categories: [Markets](https://www.fertilizerdaily.com/markets/) ![Fertilizer offtake in India is expected to be healthy](https://www.fertilizerdaily.com/wp-content/uploads/2020/01/India-subsidy.jpg) The demand is steadily growing, however the subsidy budget is not enough. In the upcoming rabi season, the consumption of mineral fertilizers in India will be quite good, predicts Varun Gogia, Senior Analyst at ICRA. In his opinion, the profitability of urea producers will remain stable due to the absence of fluctuations in natural gas prices over the past 12-14 months and the steady dynamics of sales. The profitability of enterprises manufacturing phosphoric and complex fertilizers may even increase due to lower prices for phosphoric acid and ammonia. However, there are fears that the state budget of India may not have enough funds to subsidize sales of mineral fertilizers to farmers: last year, 84% of the total budgetary allocation for subsidies had been spent by the end of October. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/fertiliser-firms-working-capital-borrowings-set-to-rise-icra/articleshow/73083215.cms) Tags: [India](https://www.fertilizerdaily.com/tag/india/), [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.