Russian firm signs $1 bn fertiliser deal with Indian Potash
Russiaâs PhosAgro has signed a deal to supply 2 million tonnes of fertiliser worth $1 billion to Indian Potash during 2019-2021. PhosAgro, one of the world's largest producers of phosphate-based fertilisers, has supplied about 1.2 million tonnes of product to India since 2016. Notably, India fulfils nearly 90% of its demand for phosphate-based fertilisers from imports.