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HomePosts Tagged "Meghmani Crop Nutrition Limited (MNCL)"
Agribusiness, Agro chems – Fertilizers, Collaborations, Company News, India

The objective of the MoU is to fulfil the gap of Nitrogen in the soil and reduce the subsidy burden in the country.

HIL (India) Ltd signed an MoU with Meghmani Crop Nutrition Ltd to market Nano Urea under the brand “HIL NANO UREA PLUS”. The objective of the MoU is to fulfil the gap of Nitrogen in the soil and reduce the subsidy burden in the country.

 This strategic collaboration aims to empower farmers with innovative and eco-friendly farming solutions, reinforcing Meghmani’s commitment to sustainable agricultural practices. The initiative aligns with the government’s PM-PRANAM vision, focusing on reducing dependency on chemical fertilizers and promoting environmentally responsible farming methods.

Nano urea is a liquid fertilizer that is environmentally safe and can help enhance crop productivity and nutritional quality. MCNL entered into a licensing agreement in December 2022 that allows them to produce Nano Urea (Liquid) Fertilizer using their domestically developed patented technology. HIL (India) Ltd is a Government of India Enterprise under the Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, Government of India.

The objective of the MoU is to

Agro chems – Fertilizers, Agrotech, Company News

IFFCO- Meghmani Crop Nutrition’s NanoUrea manufacturing plant will cater to entire south of India

 Agrochemical major IFFCO signed a Licence Agreement with Meghmani Crop Nutrition Limited (MNCL), a crop nutrition manufacturer to set up a plant for the manufacturing of 1,50,000 bottles per day of 500 ml bottle each of Nano Urea (Liquid) fertilizer in India.

IFFCO- Meghmani Crop Nutrition’s NanoUrea manufacturing plant will cater to entire south of India. The plant’s annual capacity is pegged at 5 crore bottles (around 500 ml) per year. MNCL is expected to commence the commercial production by Q4 FY24.

Nano urea is a revolutionary liquid fertilizer and is effective in enhancing the nutritional quality. India’s urea demand stands at 35 million Metric Tonne (MMT) per annum, of which nearly 29 MMT is produced domestically while the balance is imported. Government of India targets to eliminate India’ dependency on urea imports by 2025 as more farmers adopt the usage of Nano Urea. Additionally, it will help reduce the government’s subsidy burden on the conventional urea.

IFFCO- Meghmani Crop Nutrition’s NanoUrea manufacturing plant