India’s fertilizer industry is on a steady growth trajectory, projected to reach ₹1.38 lakh crore by 2032, growing at a CAGR of 4.2% between 2024 and 2032. As of 2023, the market size stood at ₹94,210 crore, fueled by increasing agricultural demand and favorable government policies. India benefits from initiatives such as PM-KISAN and PM-Garib …