Indian Potash signs 5-year purchase agreement with Israel Chemicals


Indian Potash Ltd has signed a five-year deal to import muriate of potash from Israel Chemical Ltd, according to a government statement released on Monday

Topics


potash fertilisers | Fertilizers | Potash import


Reuters  | 
BENGALURU 


Indian Potash signs 5-year purchase agreement with Israel Chemicals

BENGALURU (Reuters) – Indian Potash Ltd has signed a five-year deal to import muriate of potash from Israel Chemical Ltd, according to a government statement released on Monday.

The deal runs from 2022 to 2027, according to the statement.

India is boosting fertiliser imports from nations such as Canada and Israel to ensure sufficient supplies for the coming summer sowing season after a disruption of shipments caused by Russia’s invasion of Ukraine.

(Reporting by Nallur Sethuraman in Bengaluru; Editing by Amy Caren Daniel)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, March 21 2022. 19:20 IST