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Mint
29-05-2025
- Business
- Mint
Iffco expresses concern over slow adoption of its nano-fertilizers
Nano-technology-based fertilizers which contain plant nutrients in very small particle sizes have witnessed a lower-than-anticipated adoption, according to U.S. Awasthi, managing director, Indian Farmers Fertiliser Cooperative Ltd. (Iffco). Iffco launched the world's first 'Nano Liquid Urea' fertilizer in June 2021 and came up with Nano-DAP (di-ammonium phosphate) fertilizers in April 2023. "The adoption of nano fertilizers is lower than anticipated as compared to solid fertilizers," said Awasthi, after announcing the financial results for Iffco. the country's largest agro-fertilizer manufacturer and distributor. He put this down to a lack of awareness of these high-efficiency fertilizers and reluctance among farmers. This is in spite of a significant increase in sales of nano-fertilizers in 2024-25 as compared with a year ago. In the last financial year, Iffco sold 36.50 million bottles of nano-fertilizers, an increase of 47% as over the 24.89 million bottles sold in the previous financial year. Out of 36.50 million bottles, 26.80 million were of Nano Urea Plus (Liquid) and 9.7 million of Nano DAP (Liquid). This is equivalent to 1.2 million tonnes of conventional Urea and 4.85 tonnes of conventional DAP. Considering the total industry volume of 35.80 million tonnes of conventional urea sold last year, the contribution of nano urea is just 3.36%. In case of DAP the contribution of nano-DAP is 5.04% of the total industry volume of 9.62 million tonnes of conventional DAP last year. "In order to increase penetration, we would increase our outreach activities and marketing campaign including social media," added Awasthi. Meanwhile, Iffco booked profit after tax at 2,823 crore in FY25 as compared with ₹ 2,443 crore in FY24. Revenue rose to ₹ 41,244 crore in FY25 fiscal, from ₹ 39,474 crore in the previous year. Commenting upon future plans, Awasthi added,"We will be also launching Nano NPK fertilizer in granular form. Nano NPK fertilizer is enriched with Magnesium, Sulphur, Zinc and Copper which would help in increasing the crop productivity & would minimize nutrient losses." He further said that Iffco will be also launching Nano Zinc and Nano Copper to fulfil micro-nutrients needs of plants. According to him, by incorporating nanotechnology, drones, and artificial intelligence, Iffco is transforming the agriculture & food value chain across the country. Brazil, Kenya and the US have expressed strong interest to adopt the nanotechnology fertilizers, he said. Iffco has expanded its presence in over 40 countries, with reduced rtilizer usage reported from the US\, Brazil, Slovenia, Mauritius, Zambia, Nepal, and Bangladesh.
Time of India
27-05-2025
- Business
- Time of India
How does nano urea fertilizer benefit farmers? IFFCO's Yogendra Kumar explains
IFFCO Nano Urea serves as an innovative agricultural input utilising nanotechnology to deliver nitrogen to plants. (AI image) Nano urea is being seen as a revolutionary invention in agriculture. From its price to the method of use and potential to increase incomes of farmers, nano urea is an important solution in the agriculture sector . According to Yogendra Kumar, Marketing Director at IFFCO, using the nano urea fertilizer will help increase the soil yield. This is because lesser amount of fertilizer will be required. Yogendra Kumar also said that nano urea fertilizer nourishes the crop to make it healthy. Nano Urea Plus (Liquid) is an enhanced version of Nano Urea, featuring a higher nitrogen concentration (20% N w/v equivalent to 16% N w/w). This formulation incorporates various nitrogen forms (Urea-Amide, Ammoniacal, Aminos etc.) and includes bio-polymers and additional excipients in its composition. Incidentally, IFFCO Nano Urea (Liquid) is the world's first nanofertilizer which has been notified by Fertilizer Control Order (FCO, 1985), Government of India. "The crops are healthier and the chances of pest infestation are greatly reduced. Additionally, even if there is a case of pest infestation, the treatment required would be minor." He also says that nano urea is a cost-effective and environment friendly option for farmers. Yogendra Kumar added that healthier crops with higher strength in holding on to the soil due to use of nano urea are able to bear natural disturbances like higher wind speeds better. IFFCO Nano Urea serves as an innovative agricultural input utilising nanotechnology to deliver nitrogen to plants. It represents a sustainable alternative for farmers, promoting efficient agriculture whilst addressing climate change concerns. Its effectiveness as a fertilizer stems from its optimal particle dimensions of 20-50 nm, enhanced surface area (10,000 times greater than a 1mm urea pill) and increased particle count (55,000 nitrogen particles compared to a 1mm urea pill). The enhanced properties of nano urea result in superior crop absorption, with over 80% availability, leading to improved nutrient utilisation efficiency. Top benefits of Nano Urea Better quality food Reduction in chemical fertilizer usage Environment friendly Higher crop yields Easy to store and transport Increased income for farmers Nano urea serves as a crucial element in 4 R nutrient stewardship, advancing both precision farming and sustainable agricultural practices. Its manufacturing process exemplifies clean and environmentally friendly technology, requiring minimal energy and resource consumption during industrial production. Furthermore, Nano urea significantly reduces the environmental impact by decreasing nutrient losses from agricultural lands through leaching and gaseous emissions, which previously contributed to environmental degradation and climate change effects. Nano Urea Plus demonstrates considerable energy efficiency and produces fewer carbon dioxide emissions compared to alternative products. Additionally, the application of Nano Urea Plus (Liquid) enables farmers to decrease their usage of conventional top-Dressed Urea (Granular/Prill) by as much as 50%. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
