Fertiliser sector poised for capex revival under NIPU-2026
after close1 source ↓written by the desknot a recommendation
- be commissioned
- 3.5-4 years
ICRA forecasts a capex commitment of ₹80,000-90,000 cr in the domestic urea sector over the next six months, with plants expected to be commissioned in 3.5-4 years. The New Investment Policy for Urea-2026 aims to enhance self-sufficiency by reducing import dependence, though reliance on imported natural gas remains a concern. The new policy introduces tighter project economics with lower realisations for greenfield units.
Not investment advice. For informational purposes only.