Gandhidham plant which will be set up at cost of Rs 350 Crore will send 2 lakh nano urea bottles of 500 ml each across the country.
Union Home Minister and Minister of Cooperation, Amit Shah performed the Bhumi Pujan and laid the foundation stone of IFFCO Nano DAP (Liquid) Plant at Gandhidham, Gujarat, today. On this occasion, several dignitaries including Chairman, IFFCO, Shri Dileep Sanghani, were also present.
In his address, Amit Shah said that the upcoming plant at Gandhidham would produce more than IFFCO’s existing plant producing 3 million tonnes of DAP. Union Minister of Cooperation said that liquid fertilizer is going to give multi-dimensional benefits to the country’s economy and agriculture sector. Spraying of Nano DAP (liquid) will not pollute the land, which will further ease the natural farming, increase soil fertility along agricultural production and will promote the land conservation.
Union Minister of Cooperation said that IFFCO DAP (liquid) does not go inside the ground, but remains on the top of the crop, due to which not only the benefits of DAP become available to the crop, but the land is also preserved. DAP (Liquid) will not pollute water, increase production, keep price affordable, reduce government subsidy burden and reduce imports to make India self-sufficient in the field of urea and DAP.
Union Minister of Cooperation said that IFFCO has not borrowed a single rupee from the bank for the plant which will be set up in Gandhidham at a cost of about Rs. 350 crores on 70 acres, IFFCO has 100 percent equity in it. He said that IFFCO’s equity means 4 crore farmers’ equity as IFFCO’s money goes back to the farmer through PACS and rest through cooperative societies. He said that from this plant 2 lakh nano urea bottles of 500 ml each would be sent across the country and the world, which would reduce the import of 60 million bags of urea and India would become self-relaint in the field of fertilizer. He said that this would also save fertilizer subsidy of about Rs 10,000 crore, which would come back to the farmers, it will also save foreign exchange of about Rs. 3,500 crores.
