First for India, GSFC starts selling locally-made calcium nitrate to cut imports

In a significant thrust for Atmanirbhar Bharat (self-reliant India), chemicals significant Gujarat State Fertilizers & Chemical substances Restricted (GSFC) on Thursday began selling regionally manufactured calcium nitrate — a one hundred-for each cent imported drinking water-soluble fertilizer.

Developing up on its capabilities to make caprolactam and its by-product or service nitric acid, GSFC observed economic viability to make calcium nitrate at its facility near Vadodara. The initially consignments of the regionally-manufactured calcium nitrate and boronated calcium nitrate was sent to Solan in Himachal Pradesh and Bhavnagar in Saurashtra.

Union Minister of State for Chemical substances and Fertilisers, Mansukh Mandaviya on Thursday released the product or service on the net. “We discovered about 79 chemicals where import substitution could choose position. Of these, there are 39 chemicals, where we are 70-one hundred for each cent dependent on imports. GSFC has discovered 21 this kind of chemicals to make in India and choose a significant leap to reach the intention of Atmanirbhar Bharat,” the minister reported in his video handle. “We are planning to move all fertiliser vegetation in this path and make the fertilizer-centered chemical sector self-reliant,” he included.

Calcium Nitrate is a drinking water soluble fertiliser so that vegetation can absorb far more vitamins. Indian consumes about 1.twenty five lakh tonnes of calcium nitrate well worth ₹225 crore for each yr, which is entirely imported and about seventy six for each cent of that will come from China.

In the beginning, GSFC will develop with capability of five,000 tonnes for each annum and choose it to twenty five,000 tonnes in a person yr. “A new plant has to be established up for this. Slowly, above a interval of a few a long time, we hope to address 50 for each cent of India’s market place share in this product or service,” Arvind Agarwal, CMD, GSFC, explained to BusinessLine just after the start.

Of the 21 discovered solutions for the import substitution, 5 including the recently-released methanol and calcium nitrate will be released in advance of March 2021. “Of these 21 solutions, 11 are pharma and biotech intermediate solutions, a person is commodity, a person is a fertiliser and the rest are chemical solutions,” reported Agarwal.

Around the up coming 30 months, the corporation looks to substitute ₹3,000-crore well worth of imports via these 21 solutions. An estimated ₹2,000 crore of investment has been earmarked for it.

For economic viability to endure Chinese charge competitiveness, GSFC carried out intensive charge analysis.

“GSFC has an benefit overs. Our uncooked content for a person plant will come from a by-product or service of yet another plant. In situation of calcium nitrate, as a producer of caprolactam, nitric acid is the by-product or service for us, which is a significant uncooked content for calcium nitrate. That is how the calcium nitrate charge economics labored for us. We used this kind of calculations for all solutions,” reported Agarwal.