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India–Russia ₹20,000 Cr Urea JV to Deliver 2 MT Annual Output in Two Years
- India is setting up a ₹20,000 crore urea manufacturing project in Russia through a joint venture to ensure long-term fertiliser supply.
- The plant will have an annual production capacity of 2 million tonnes (MT) and is expected to be operational within two years.
- The project is a collaboration between Russia’s Uralchem and three Indian public sector companies—Indian Potash Limited, Rashtriya Chemicals & Fertilizers (RCF), and National Fertilizers Limited (NFL).
- A pre-feasibility report for the project has already been submitted by Projects & Development India Ltd (PDIL), and the partners are expected to review it soon.
- A joint delegation from India recently visited Russia to assess the project progress and viability.
- The plant will be located in Togliatti, in the Samara region of Russia, and will act as a dedicated supply source for India.
- The investment structure includes around ₹10,000 crore from Uralchem for the ammonia unit, while Indian partners will invest the remaining amount in the urea unit.
- The entire output of the plant will be shipped to India to meet domestic demand.
- This will be one of the largest overseas fertiliser joint ventures by India after the Oman India Fertiliser project.
- The initiative is aimed at reducing India’s dependence on fertiliser imports and protecting against global supply disruptions.
- India currently consumes about 40 MT of urea annually, of which around 30 MT is produced domestically and the rest is imported.
- Fertiliser imports have increased due to global supply issues, particularly disruptions in West Asia, which accounts for a significant share of global urea trade.
- To address immediate shortages, the government has also approved additional urea imports from countries like Russia, Algeria, Nigeria, and Oman.
- The joint venture follows a memorandum of understanding signed between India and Russia in December 2025 to secure stable fertiliser supplies and reduce price volatility.
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