Question

    From which country has India recently experienced a

    sharp rise in ammonium nitrate (AN) imports, causing concerns for its domestic fertiliser industry?
    A Russia Correct Answer Incorrect Answer
    B Iran Correct Answer Incorrect Answer
    C Germany Correct Answer Incorrect Answer
    D Belgium Correct Answer Incorrect Answer

    Solution

    India has seen a significant increase in ammonium nitrate (AN) imports from Russia, leading to concerns within its domestic fertiliser industry. Ammonium nitrate is crucial for both agriculture and industries like mining. Cheaper imports from Russia create competitive pressure on Indian companies, which are investing heavily to expand their production capacity. As India relies on imports to meet a substantial portion of its fertiliser needs, including potash, disruptions or shifts in trade patterns can significantly impact domestic markets.

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