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India's FY24 urea consumption seen lower from a year ago, minister says

Reuters
FILE PHOTO: A farmer sprays fertilizer on a paddy field on the outskirts of Agartala

NEW DELHI (Reuters) - India's fertiliser minister said on Friday that consumption of urea will be lower by 2.5 million tonnes in fiscal year 2024 due to rising use of domestically-made alternative nano urea.

The consumption of urea was 31.7 million tonnes by the end of January, compared with 35.7 million tonnes in the previous financial year, Mansukh Mandaviya told reporters.

(Reporting by Nidhi Verma in New Delhi, Writing by Rama Venkat in Bengaluru; Editing by Sonia Cheema)