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Despite the spike in the cost of raw materials, IFFCO won't increase fertilizer prices

By IndianMandarins- 29 Sep 2020
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despite-the-spike-in-the-cost-of-raw-materials-iffco-won-t-increase-fertilizer-prices

New Delhi: Despite a "huge" spike in the cost of raw materials in international markets, Indian Farmers Fertilizer Cooperative Limited (IFFCO) has assured that it will not increase the Maximum Retail Price of DAP and NPK fertilizers.

Dr Udai Shanker Awasthi, MD & CEO of IFFCO affirmed in a tweet that there was no plan to increase the MRP of DAP and NPK fertilizers during rabi season as “our aim is to serve the farmer community by reducing input agri cost for them which is in line with Prime Minister Narendra Modi’s clarion call of Atma Nirbhar Bharat. It also aims to double the farmers' income by 2022".

IFFCO is a leading cooperative society engaged in the business of manufacturing and marketing of fertilizers. It has five manufacturing plants in India. 

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