List of Government Companies in Fertilizer and Insecticide Sector
There exist a lot of Fertilizer and Insecticide companies in India which are under the ownership of the central or state government of India. The industry plays a vital role in improving the agricultural growth and economic development of the nation. Government offers a lot of subsidies and concessions to farmers on Fertilizer and Insecticide products.
Fertilizer industry is growing at a fast pace by introducing innovative products and by employing most modern technologies. Today India acts as the third-largest exporter and manufacturer of nitrogenous fertilizer in the world. The industry thus acts as supplier of essential nutrients for the healthy growth of agro plants. Government is striving to develop fertilizer products through eco friendly and pollution controlled methods.
The Fertilizer Association of India (FAI), act as a representative body of the fertilizer manufacturers of the country. They are concerned with the manufacturing, marketing and distribution aspects of Fertilizer and Insecticides belonging to public, private sector or co operative sector. The board of directors of FAI is responsible for developing new policies and procedures for the well being and development of fertilizer industry in the country.
List of Government Companies in Fertilizer and Insecticide Sector
- Brahmaputra Valley Fertilizer Corporation Ltd.
- FCI Aravali Gypsum & Minerals India Limited, Jodhpur
- Hindustan Copper Limited (HCL)
- Hindustan Fertilizer Corporation Ltd.
- Madras Fertilizers Limited (MFL)
- National Fertilizers Limited
- Neyveli Lignite Corporation Ltd. (NLC)
- Paradeep Phosphates Limited (PPL)
- Projects &Development India Limited (PDIL)
- Pyrites, Phosphates & Chemicals Limited
- Rashtriya Chemicals and Fertilizers Limited (RCF)
- Steel Authority of India Limited (SAIL)
- The Fertilizer Corporation of India Ltd
- The Fertilizers and Chemicals Travancore Limited (FACT)
There exist two fertilizer companies in the Cooperative Sector. They are
- Indian Farmers Fertilizer Cooperative Ltd.
- Krishak Bharati Cooperative Limited
Hindustan Copper Limited (HCL) is one among the majors in the public sector industry of India. The Company was established in 1978 by combining the NFL Group of Companies and the Fertilizer Corporation of India Limited. Rashtriya Chemicals and Fertilizers Limited (RCF) were also commenced in the same year. The Company has production units in Trombay and Thal. The Fertilizers and Chemicals Travancore Limited (FACT) is another major fertilizer company in Public sector. They mainly concentrate in production of Ammonium Sulphate. The production plants of the company are located at Cochin.
As India is an agrarian economy the existence of Fertilizer and Insecticide firms in public sector is really helpful for the economic growth of the nation. The promotion of the sector is essential for increasing the GDP of the country.
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