India’s first nano urea plant in Bangalore with an investment of ₹350 cr – IFFCO
Today, the foundation stone will be placed for the Indian Farmers Fertiliser Co-operative Ltd’s (IFFCO) ₹350 crore nano urea (liquid) factory.
‘The foundation for South India’s first nano urea plant will be set in Bangalore on July 14 with an investment of roughly ₹350 crore,’ IFFCO stated.
IFFCO stated that it intends to build an additional eight factories around the country with a capacity of 34 crore bottles (500 ml) each year.
The Karnataka Industrial Areas Development Board (KIADB) has given a 12-acre plot of land in Devanahalli to the IFFCO for their nano urea (liquid) project. According to an IFFCO statement, ‘we will finish this project within 15 months.’
Basavaraj Bommai, the Chief Minister, will lay the groundwork for a nano urea liquid factory at the Hi-Tech Defence and Aerotech Park in Naganayakanahalli, Devanahalli Taluk, Bengaluru Rural district.
Union Agriculture Minister Narendra Singh Tomar, as well as Union Minister for Chemicals and Fertilizers Mansukh Mandaviya, will be in attendance.
This nano urea factory, if operational, would generate roughly five crore bottles per year for farmers in Karnataka and South India, which is comparable to five crore bags (22.5 lakh MT) of traditional urea, according to IFFCO.
According to IFFCO representatives, a 500 ml bottle of nano urea (liquid) may successfully replace a 45-kilogram bag of urea. It is 10% less expensive than a standard one-bag of urea, fulfilling the national ethos of ‘Atmanirbhar Krishi & Atmanirbhar Bharat.’
The world’s first nano urea factory, launched by Prime Minister Narendra Modi in Gujarat, has produced 4.5 crore bottles and has been marketed across the country, replacing 4.5 crore bags of traditional urea.
According to IFFCO, their nano urea (liquid) has the potential to reduce the consumption of traditional urea, the most commonly used Nitrogenous fertilizer, by 50% or more.
According to the company, nano urea improves crop productivity, soil health, and nutritional quality of produce, and it aims to address the imbalanced and excessive use of conventional urea fertilizer by allowing farmers to achieve the dual benefit of higher crop yields at lower costs and a cleaner environment.
Nano fertilizer application is foliar in nature, and spraying nanoparticles on the leaves results in a high yield. As a result, the soil is not polluted, minimizing soil toxicity and hence soil imbalance. Furthermore, the rate and pattern of nano fertilizer delivery are accurately regulated.
According to IFFCO, nano urea (liquid) is less expensive than urea and significantly decreases the government’s subsidy burden.