Write down the one factor
that led to the expansion of fertilizer industry in India
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As a result of the oil crisis in the mid-1970s and the consequent sharp increase in the international prices of fertilizers, the Government of India encouraged investment in domestic fertilizer production plants in order to reduce dependence on imports. ... In 1992/93, phosphatic and potassic fertilizers were decontrolled.
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4
Answer:
As a result of the oil crisis in the mid-1970s and the consequent sharp increase in the international prices of fertilizers, the Government of India encouraged investment in domestic fertilizer production plants in order to reduce dependence on imports. ... In 1992/93, phosphatic and potassic fertilizers were decontrolled.
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