economy
April 28, 2026
India and Russia plan $2 billion urea facility in Togliatti
India and Russia are planning a $2 billion urea facility to secure supplies amid the Middle East conflict. It will have a capacity of 2 million tons annually
TL;DR
- India and Russia plan to establish a urea production facility costing around $2 billion.
- The facility will be a joint venture between Russia's Uralchem and Indian companies Indian Potash, Rashtriya Chemicals and Fertilizers, and National Fertilizers.
- It is expected to be located in Togliatti, Russia, and have an annual manufacturing capacity of 2 million tons of urea.
- The project is anticipated to be ready within the next two years.
- The facility will serve as an assured supply source for India, which is the world's biggest urea importer.
- India is increasing fertilizer imports from Russia, Belarus, and Morocco due to supply chain issues linked to the Middle East conflict and export curbs from China.
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