As assured, Russia to further boost fertiliser supplies to India: Andrey Guryev at BRICS
Russia has significantly increased fertilizer shipments to India this year. President Putin assured Prime Minister Modi of continued vital agricultural supplies. Russian producers supplied 6.5 million tonnes of fertilizers to India last year. India now imports one in every three tonnes of fertilizer from Russia. BRICS nations receive half of all Russian mineral fertilizer exports.
Russian fertiliser supplies to India have increased significantly, according to Andrey Guryev, head of the Russian chapter of the BRICS Business Council. In the first half of this year, shipments reached 2.8 million tonnes, with President Putin assuring Prime Minister Modi of continued supplies. At the BRICS Summit in Kazan last year, Putin instructed the industry to meet the demand from Indian farmers for Russian fertilisers.
This resulted in Russian producers supplying 6.5 million tonnes to Indian partners last year, a 40% increase year-on-year and six times the level in 2021. One in every three tonnes of fertiliser imported by India is now produced in Russia. Russian environmentally friendly fertilisers are crucial for ensuring India has access to safe, high-quality food.
Russian agrochemical exports to BRICS countries now account for half of the total, with supplies to the bloc reaching a record 23.4 million tonnes in 2025, a 9% increase year-on-year and 75% more than in 2021. Russian delegates, including senior executives from major companies, attended the BRICS Business Forum, where a clear framework was put in place, covering nine core areas and several cross-cutting tracks requiring cooperation among various stakeholders.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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