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India Eyes New Fertilizer Sources Amid Strait of Hormuz Fears
16 Mar
Summary
- India is diversifying fertilizer imports to non-West Asia nations.
- New Delhi seeks to avoid supply disruptions from regional conflicts.
- Indonesia, Belarus, Morocco, Russia, and China are key alternatives.
India is intensifying efforts to secure fertilizer imports from nations beyond West Asia, a crucial move to protect its extensive agricultural sector. This proactive strategy addresses concerns over potential supply chain disruptions stemming from regional conflicts and a looming maritime blockade impacting the Strait of Hormuz.
Officials involved in the discussions have indicated that New Delhi is looking to substantially increase its procurement of urea and diammonium phosphate (DAP) from a diverse group of countries. Key among these emerging alternatives are Indonesia, Belarus, Morocco, Russia, and China.
This diversification is a strategic imperative for India, the world's largest importer of these essential agricultural inputs. By establishing new trade relationships and increasing volumes from non-traditional suppliers, India aims to build resilience against geopolitical instability that could jeopardize its food security and the livelihoods of millions of farmers.
