NFCL Launches `Divyashakthi'

Hyderabad, November 28: | Updated: Nov 29 2002, 05:30am hrs
Nagarjuna Fertilizers and Chemicals Ltd (NFCL), a Rs 3,000 crore Nagarjuna group company has entered the custom blended fertilizers market as part of its `plant nutrition business programme'.

The company has launched its first product christened `Divyashakthi', a granulated fertilizer blend.

Speaking on the occasion, the group chairman Mr K S Raju said that the company plans to expand it product mix in the blended fertilizers, which is cost effective when compared to complex fertilizers. "We are in the process of introducing some more blended fertilizers to suite the soil conditions and improved the nutrients in the degraded soil", Mr Raju said.

The trials conduction by the agriculture department has established that the fertilizer blends have improved an average additional income of Rs 1,160 per acre, said the company sources.

NFCL has tested the concept of fertilizer blends extensively over large areas in the Andhra Pradesh for over two years in crops like paddy, cotton, maize and sugarcane. It is proved that the blended fertilizer has improved the yields and lowering the cost of production, he added.

The company has the approval of the agriculture university for two more blends ready for marketing. The fertilizer blends will benefit the farmer in achieving balanced nutrition besides higher yields.