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India is the second largest producer of the firms' output where the majority of the population depends on agricultural activities for their livelihood. Growth of Industries and openings of MNCs have not yet declined the importance of agriculture in India. Economic development is not the sole function of Industrial development; it also includes the development of agriculture. Sustainable development is the need of the time and it can only be achieved through balanced growth of both the agriculture and Industrial sector. There is a popular saying “Countries are known for their greenery, and India is one of those countries. The growth of agriculture and the growth of the fertilizer Industry supplement each other. Both go hand in hand. The article attempts to present a broad view of the fertilizer Industry from an Indian perspective. Through the use of secondary data, attempts have been made to study issues like demand and supply position, consumption trends, and the growth factor of fertilizer in India.
The growth of agriculture and growth in the fertilizer Industry complement each other. The rise in agricultural output leads to increased consumption of fertilizers. Fertilizer Industry can be studied in terms of demand and supply conditions. More projects are being built in India as the demand increases.
India is now in 5th number in the consumption list of the world. So there is a need to build more fertilizer projects with new technology so that India can supply and outsource to other countries.
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