Paradeep Phosphates Ltd. (PPL) unveiled a ₹1,500 crore investment plan to expand capacity over the next three years. The Bhubaneswar headquartered company aims to double its market share in India’s 20-million-ton phosphatic fertiliser sector. PPL posted a turnover of nearly ₹14,000 crore in FY25. It now aims to raise production from 2.6 million tonnes to 3.7 million tonnes by FY26, with sales targeted at three million tonnes.
Mangalore Chemicals merger to drive growth
The company’s expansion strategy is anchored in the proposed amalgamation of Mangalore Chemicals & Fertilizers (MCFL), expected to be completed this financial year. The merger will add 7,00,000 tonnes of capacity, alongside enabling a new 6,00,000-ton plant at Mangalore.
Strengthening acid production
To support this growth, PPL plans to increase phosphoric acid capacity by 40% and scale up sulfuric acid output from 1.3 million tons to two million tonnes. These expansions will ensure higher self-sufficiency in critical raw materials required for fertiliser manufacturing.
Securing raw material supplies
On the supply chain front, PPL is reinforcing long-term security through strategic partnerships. The company has secured 1.6 million tonnes of rock phosphate annually from Morocco’s OCP and long-term ammonia sourcing agreements from Gulf producers.
Positioned for market leadership
As reported by projectstoday.com, Paradeep Phosphates is positioning itself as a stronger player in India’s fertiliser industry. The company aims to expand its footprint and support the country’s agricultural growth.
