Top 12 Fertilizer Manufacturers: India Market Growth

As per the analysis by Expert Market Research, The India fertilizer market is expected to grow at a CAGR of 4.3% between 2025 and 2034, reaching a projected value of USD 14.9 billion by 2034, owing to the growing demand for food.

A fertilizer is a substance, either natural or artificial, applied to soil or plant tissues to supply nutrients to the plants. Both natural and artificial sources of fertilizer are plentiful. A natural or artificial material called fertilizer contains chemical components that support plant growth and productivity. Fertilizers either increase the soil's inherent fertility or replace chemical elements that crops had earlier lost.

The India fertilizer market is anticipated to grow over time as agricultural productivity is increased to meet the country's expanding population's demand for food. The market's productivity is rising as a result of the positive seasonal rain, irrigation systems, and various government initiatives. These initiatives are aimed at expanding credit availability, boosting investments, building market facilities, encouraging the development of infrastructure, and raising the supply of high-quality inputs to the industry. On the other hand, it is anticipated that the amount of arable land will decrease as urbanisation levels rise.

Fertilizers are expected to increase the average agricultural yields per hectare. It is also anticipated that the consumption of fertilizers will rise in the upcoming years. This is due to the growing number of government and non-government awareness campaigns to inform farmers about the advantages of fertilizers and the promotion of fertilizers through radio, television, and customised rural workshops. Increased rural incomes and easy access to financing are also likely to have a positive effect on the India fertilizer market. Contract farming is anticipated to have a favourable effect on fertilizer usage since the farmer is expected to receive input from the food processor (contractor) in the form of technology and training.

India Fertilizer News: Market Updates & Company Growth

In March 2025, Coromandel International inaugurated a second manufacturing plant in Visakhapatnam, doubling its sulphur fertilizer production capacity to 50,000 metric tons. This expansion ensures a steady supply of high-quality bentonite sulphur fertilizers, promoting soil health and enhancing agricultural productivity across India.

In October 2023, To meet the rising demand for innovative fertilizers, IFFCO inaugurated India's first large-scale nano Di-ammonium Phosphate (DAP) manufacturing plant in Gujarat. This facility aims to provide a consistent supply of nano fertilizers nationwide, potentially opening avenues for exports and revolutionizing nutrient delivery in agriculture.

In March 2024, Coromandel International Limited announced a partnership with the International Fertilizer Development Center (IFDC) to advance fertilizer innovation in India. This agreement facilitates research on improving nutrient use efficiency and developing sustainable fertilizer solutions. Additionally, the collaboration focuses on promoting balanced fertilization practices to enhance soil health and agricultural productivity.

In March 2024, Meghmani Crop Nutrition entered a partnership with Hindustan Insecticides Limited to enhance fertilizer innovation in India. This agreement facilitates the development and distribution of advanced fertilizers aimed at improving soil health and crop productivity. Additionally, the collaboration focuses on promoting sustainable nutrient management practices to support long-term agricultural growth.

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India Fertilizer Companies: Top 12 Stocks & Market Leaders

1. Coromandel International Limited

Coromandel International Limited is a leading Indian fertiliser company, renowned for its diverse product offerings and strong presence in the agricultural sector. The company focuses on providing a comprehensive range of fertilisers, including phosphatic and complex fertilisers, along with crop protection chemicals and specialty nutrients. Coromandel has a significant market share in the fertiliser industry, serving millions of farmers across India. The company's commitment to sustainability is reflected in its efforts to promote eco-friendly farming practices and innovative technologies that improve agricultural productivity. Their strong distribution network and robust research and development activities make them a reliable partner for farmers in India. Coromandel's expertise extends to manufacturing and marketing a wide range of agri-inputs, including pesticides, bio-fertilizers, and organic products. The company is also actively involved in various social initiatives aimed at enhancing farmer welfare and advancing rural development.

2. Chambal Fertilisers and Chemicals Ltd

Chambal Fertilisers and Chemicals Ltd is one of India’s largest producers of fertilisers, specialising in the production of urea and other agrochemicals. With a strong focus on enhancing agricultural productivity, Chambal Fertilisers serves farmers across the country by offering a wide range of high-quality products designed to improve soil health and crop yields. The company also manufactures and distributes a variety of industrial chemicals, contributing to various sectors beyond agriculture. Known for its operational excellence and adherence to international standards, Chambal Fertilisers has cemented its reputation as a reliable supplier of essential agricultural inputs. Its emphasis on sustainable farming and technological innovation has made it a key player in the Indian fertiliser industry. Furthermore, Chambal Fertilisers strives to make a positive impact on the communities it serves, through initiatives that focus on environmental conservation and improving the livelihoods of rural populations.

3. Gujarat Narmada Valley Fertilizers and Chemicals Ltd

Gujarat Narmada Valley Fertilizers and Chemicals Ltd (GNFC) is a prominent player in the Indian fertiliser and chemicals industry, offering a wide range of agricultural inputs. GNFC is primarily known for its production of urea and other chemicals, which are crucial for enhancing agricultural productivity. The company’s diverse product portfolio also includes industrial chemicals such as ammonia, nitric acid, and methanol, which serve a variety of industries. GNFC is committed to environmental sustainability, aiming to reduce its carbon footprint and promote the use of eco-friendly fertilisers. It has a robust distribution network, ensuring that its products reach farmers across India efficiently. GNFC also focuses on integrating advanced technologies into its operations, improving both productivity and environmental responsibility. The company's initiatives to empower farmers through training and education have also contributed to improving agricultural practices and the overall welfare of rural communities.

4. Indian Farmers Fertiliser Cooperative Limited (IFFCO)

Indian Farmers Fertiliser Cooperative Limited (IFFCO) is one of India’s largest and most influential fertiliser cooperatives, playing a pivotal role in the country’s agricultural sector. IFFCO is primarily engaged in the production and distribution of a variety of fertilisers, including urea, DAP, and complex fertilisers. Its products are aimed at improving soil health and boosting crop yields across India. IFFCO’s cooperative structure enables it to serve millions of farmers through a network of cooperatives, ensuring that fertilisers are accessible and affordable. The company is also heavily involved in the promotion of sustainable agricultural practices, with a focus on organic farming and environmental conservation. IFFCO’s extensive research and development efforts contribute to the creation of high-quality, eco-friendly products. Moreover, IFFCO plays an essential role in rural development, working closely with local communities to improve education, health, and overall well-being.

5. Rama Phosphates Limited

Rama Phosphates Limited is a leading Indian fertiliser company that focuses on the production of phosphatic fertilisers, such as single superphosphate (SSP) and other related products. The company has established itself as a trusted brand in the fertiliser industry, known for its high-quality products that support the growth of various crops, particularly in regions dependent on phosphatic fertilisation. Rama Phosphates also manufactures and markets a variety of chemicals and industrial products, contributing to sectors beyond agriculture. With a commitment to sustainability, the company adopts eco-friendly practices in its operations, ensuring minimal environmental impact. Through a strong distribution network, Rama Phosphates reaches a wide base of customers, providing them with reliable fertiliser solutions to improve productivity. The company also places a high emphasis on research and development, continuously striving to innovate and deliver advanced products that address the changing needs of modern agriculture.

6. ICL Group Ltd

ICL Group Ltd is a global leader in the production of a wide range of products, with a strong focus on speciality chemicals, fertilisers, and performance materials. The company’s fertiliser division is particularly renowned for producing potash and phosphates, which are essential for crop growth. ICL serves a wide array of industries, including agriculture, food, and water treatment, and it has a significant presence in over 30 countries worldwide. ICL Group is committed to sustainability and strives to provide solutions that enhance both agricultural productivity and environmental stewardship. Through innovation and technological advancements, ICL has developed solutions that help farmers optimise fertiliser use, thereby reducing environmental impact. The company’s strong focus on research and development, coupled with its diverse product offerings, makes it a key player in the global fertiliser market, offering high-quality products that meet the needs of modern agriculture.

7. The Fertilisers and Chemicals Travancore Limited (FACT)

The Fertilisers and Chemicals Travancore Limited (FACT) is a leading fertiliser manufacturing company in India, known for its production of a wide range of fertilisers, including ammonium sulphate, urea, and complex fertilisers. FACT plays a crucial role in the Indian fertiliser sector by ensuring a steady supply of quality fertilisers to farmers across the country. The company’s products are designed to improve crop yields, enhance soil health, and promote sustainable agricultural practices. FACT also manufactures a range of industrial chemicals, which cater to various sectors beyond agriculture. With a strong focus on environmental sustainability, the company adheres to eco-friendly practices in its manufacturing processes. FACT’s research and development initiatives aim to create innovative solutions that benefit both farmers and the environment. The company’s extensive distribution network ensures its products reach a wide base of customers, further strengthening its position as a reliable partner for farmers.

8. Deepak Fertilizers & Petrochemicals Corporation Ltd.

Deepak Fertilizers & Petrochemicals Corporation Ltd is a prominent player in the Indian fertiliser industry, offering a diverse range of products, including urea, ammonium nitrate, and other speciality fertilisers. The company has a strong focus on meeting the agricultural needs of farmers by providing high-quality fertilisers that enhance crop yields and promote sustainable farming practices. In addition to fertilisers, Deepak Fertilizers also manufactures a variety of chemicals, which cater to industries such as petrochemicals, mining, and automotive. The company’s commitment to innovation and sustainability is evident in its continuous efforts to improve product quality and reduce the environmental impact of its operations. Deepak Fertilizers is known for its customer-centric approach, providing tailored solutions to meet the specific needs of farmers and industries. With a vast distribution network, Deepak Fertilizers ensures its products are readily available across the country.

9. Gujarat State Fertilizers & Chemicals Limited

Gujarat State Fertilizers & Chemicals Limited (GSFC) is a prominent Indian company engaged in the manufacturing of fertilisers, chemicals, and petrochemicals. GSFC produces a wide variety of products, including urea, DAP, and other chemical products essential for agriculture and industry. The company has a strong commitment to sustainability, emphasising the use of eco-friendly technologies in its manufacturing processes. GSFC’s fertilisers play a vital role in boosting agricultural productivity across India, particularly in the cultivation of crops such as wheat, rice, and sugarcane. Additionally, the company is involved in the production of industrial chemicals that support various sectors, including textiles, plastics, and petrochemicals. With a robust distribution network, GSFC ensures that its products are easily accessible to farmers and industries throughout India. The company’s focus on research and development has enabled it to introduce innovative solutions that help optimise fertiliser use while reducing environmental impact.

10. Rashtriya Chemicals and Fertilizers Limited (RCFL)

Rashtriya Chemicals and Fertilizers Limited (RCFL) is a major Indian fertiliser manufacturer that specialises in the production of a wide range of fertilisers, including urea, complex fertilisers, and other agro chemicals. RCFL plays an essential role in improving agricultural productivity in India by supplying high-quality fertilisers designed to enhance soil fertility and crop yields. In addition to its fertiliser business, RCFL manufactures a variety of industrial chemicals that serve industries such as textiles, automotive, and food processing. The company places a strong emphasis on sustainability, striving to reduce its environmental footprint through energy-efficient processes and eco-friendly product innovations. RCFL’s extensive distribution network ensures that its products are readily available to farmers across India, supporting their efforts to adopt modern agricultural practices. Furthermore, the company invests in research and development to continuously improve its product offerings and stay ahead of evolving market demands.

11. National Fertilizers Ltd.

National Fertilizers Ltd. (NFL) is one of India’s leading fertiliser companies, offering a diverse range of fertilisers, including urea, DAP, and NPK complex fertilisers. NFL plays a key role in enhancing the agricultural productivity of India by providing high-quality fertilisers that meet the nutritional needs of crops. The company has an extensive manufacturing and distribution network that ensures the widespread availability of its products across the country. The NFL is committed to environmental sustainability and continuously works on improving its processes to reduce energy consumption and emissions. In addition to fertilisers, NFL also manufactures industrial products, such as ammonia, which cater to various sectors. The company’s research and development initiatives focus on creating innovative solutions that help optimise fertiliser use and promote sustainable farming practices. NFL’s customer-centric approach ensures that it remains a trusted partner for farmers.

12. Southern Petrochemical Industries Corporation Ltd

Southern Petrochemical Industries Corporation Ltd (SPIC) is a major Indian company engaged in the production of fertilisers, chemicals, and petrochemicals. SPIC’s fertiliser division is well-known for producing urea and other key agro chemicals that help enhance soil fertility and support crop growth. The company’s products are used extensively by farmers across India to improve agricultural productivity. SPIC also manufactures a wide range of chemicals that cater to various industries, including textiles, plastics, and pharmaceuticals. The company is committed to sustainable practices, focusing on reducing environmental impact and promoting eco-friendly agricultural solutions. SPIC’s strong distribution network ensures that its products are accessible to a wide range of customers. Furthermore, the company invests heavily in research and development to continually innovate and offer high-quality products that meet the evolving needs of modern agriculture.