 "Tata Chemicals exits urea biz for Rs 2,670 cr")
The government, after the success of nano urea, is working on introducing nano di-ammonia phosphate (nano DAP), which could be a game changer because of its higher effectiveness at a lower cost.
This could have an impact on the fertiliser subsidy bill as well as foreign exchange because DAP is consumed most after urea. Half the country’s annual consumption of DAP is imported.
Nano urea is essentially urea in the form of a nanoparticle where all the properties of urea are concentrated in liquid form to produce a greater impact. According to the information available, while conventional urea has an efficiency rate
