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The Indian Fertilizer Market Witnessing Robust Growth

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					      The Indian Fertilizer Market Witnessing Robust Growth

The consumption volume of fertilizers in India grew at a CAGR of 7.6% during 2005-06 -
2011-12.



IMARC Group, one of the world's leading research and advisory firms, finds in its new report
“Indian Agriculture Market Report & Forecasts 2012-2017” that the consumption of
fertilizers in India is currently undergoing rapid growth. Finding’s from the report suggest that
driven by factors such as increasing rural incomes, availability of farm credit, contract
farming, public/private awareness campaigns etc., the consumption volume of fertilizers in
India grew at a CAGR of 7.6% during 2005-06 - 2011-12.


The report also finds that despite a strong growth in recent years, the average intensity of
fertilizer use in India remains very low compared to other countries. The use of fertilizers is
also highly skewed, with wide inter-regional, inter-state, and inter-district variations. Findings
from the report suggested that the intensity has generally been higher in the northern and
southern regions and lower in the eastern and western regions.



According to the report, manufacturers in the Indian fertilizer market can be divided into
three sectors - public, private and cooperative. The private sector currently dominates this
market accounting for more than 50% of the total installed production capacity. The top
fertilizer companies in India currently include Krishak Bharti Cooperative Limited
(KRIBHCO), Corromandel Fertilizers, National Fertilizers Limited, Rashtriya Chemicals &
Fertilizers Ltd. (RCF), Chambal Fertilizers, Gujarat State Chemicals & Fertilizers Limited,
Nagarjuna Fertilizers & Chemicals Limited etc.



IMARC’s new report entitled “Indian Agriculture Market Report & Forecast: 2012-2017”
provides an analytical and statistical insight into the agriculture industry along with its various
segments and sub-segments. The study that has been undertaken using both desk-based
and qualitative primary research has analyzed various aspects and provides a
comprehensive understanding of the Indian agriculture market. The report can serve as an
excellent guide for investors, researchers, consultants, marketing strategists, and all those
who are looking to foray into the Indian agriculture market in some form or the other.
To buy the complete report or to get a free sample, please contact:

IMARC Group - Asia
Email: apac@imarcgroup.com
Phone: +91-120-415-5099

IMARC Group - Europe, Middle East & Africa
Email: ema@imarcgroup.com
Phone: +44-702-409-7331

IMARC Group - Europe, Middle East & Africa
Email: america@imarcgroup.com
Phone: +1-631-791-1145



For More Information please Visit: http://www.imarcgroup.com/indian-agriculture-market-report-
forecast-2012-2017-3/

				
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