India's fertiliser imports surge to 34.5%, risking higher costs as conflicts loom
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims + Mains·
Why in news
India's fertilizer import dependency surged to 34.5% in FY26 due to geopolitical tensions, prompting the Centre to seek long-term supply agreements to stabilize costs.
Background
India's fertilizer import share rose from 24.4% in FY25 to 34.5% in FY26. Major suppliers include Russia, Oman, and Saudi Arabia. The government is establishing a purchasing consortium and enforcing actions against hoarding.
Facts for Prelims
- FactIndia's fertilizer import share: 34.5% in FY26
- FactIndia's fertilizer import share: 24.4% in FY25
- PlaceStrait of Hormuz: Critical maritime chokepoint for global shipping
- FactMajor fertilizer suppliers: Russia, Oman, and Saudi Arabia
For Mains
Q. Analyze the impact of geopolitical instability on India's food security and suggest measures to reduce over-dependence on imported fertilizers.
Dimensions to cover in your answer
- Supply chain vulnerability: High exposure to maritime chokepoints like the Strait of Hormuz affecting input costs
- Market distortion: Risks of hoarding and black marketing necessitating stringent enforcement under fertilizer subsidy frameworks
- Strategic diversification: Transitioning from spot-market reliance to long-term supply agreements and multi-country purchasing consortiums
Keywords: Food Security · Supply Chain Resilience · Geopolitical Risk · Input Cost Inflation · Strategic Autonomy
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