Nano-technology-based fertilizers which comprise plant vitamins in very small particle sizes have witnessed a lower-than-anticipated adoption, in keeping with U.S. Awasthi, managing director, Indian Farmers Fertiliser Cooperative Ltd. (Iffco).
Iffco launched the world’s first ‘Nano Liquid Urea’ fertilizer in June 2021 and got here up with Nano-DAP (di-ammonium phosphate) fertilizers in April 2023.
“The adoption of nano fertilizers is decrease than anticipated as in comparison with stable fertilizers,” mentioned Awasthi, after saying the monetary outcomes for Iffco. the nation’s largest agro-fertilizer producer and distributor.
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He put this right down to a lack of expertise of those high-efficiency fertilizers and reluctance amongst farmers. That is regardless of a major improve in gross sales of nano-fertilizers in 2024-25 as in contrast with a 12 months in the past.
Gross sales efficiency in FY25
Within the final monetary 12 months, Iffco bought 36.50 million bottles of nano-fertilizers, a rise of 47% as over the 24.89 million bottles bought within the earlier monetary 12 months.
Out of 36.50 million bottles, 26.80 million had been of Nano Urea Plus (Liquid) and 9.7 million of Nano DAP (Liquid). That is equal to 1.2 million tonnes of standard Urea and 4.85 tonnes of standard DAP.
Contemplating the overall trade quantity of 35.80 million tonnes of standard urea bought final 12 months, the contribution of nano urea is simply 3.36%. In case of DAP the contribution of nano-DAP is 5.04% of the overall trade quantity of 9.62 million tonnes of standard DAP final 12 months.
“So as to improve penetration, we might improve our outreach actions and advertising and marketing marketing campaign together with social media,” added Awasthi.
In the meantime, Iffco booked revenue after tax at 2,823 crore in FY25 as in contrast with ₹2,443 crore in FY24. Income rose to ₹41,244 crore in FY25 fiscal, from ₹39,474 crore within the earlier 12 months.
Commenting upon future plans, Awasthi added,”We shall be additionally launching Nano NPK fertilizer in granular type. Nano NPK fertilizer is enriched with Magnesium, Sulphur, Zinc and Copper which might assist in rising the crop productiveness & would reduce nutrient losses.”
He additional mentioned that Iffco shall be additionally launching Nano Zinc and Nano Copper to fulfil micro-nutrients wants of vegetation.
In keeping with him, by incorporating nanotechnology, drones, and synthetic intelligence, Iffco is reworking the agriculture & meals worth chain throughout the nation.
Brazil, Kenya and the US have expressed sturdy curiosity to undertake the nanotechnology fertilizers, he mentioned. Iffco has expanded its presence in over 40 nations, with diminished rtilizer utilization reported from the US, Brazil, Slovenia, Mauritius, Zambia, Nepal, and Bangladesh.
