We choose Fertilizers and Edible Oils as our Industries and again we stand committed to the development of Agriculture, which is the backbone of our economy. We strongly believe that the way to improve our Country’s economy is to boost agricultural productivity. Agriculture forms about 16% of India’s GDP while 60% of our population is dependent on agriculture. However, our productivities are way below the Asian and the World averages.
The solution lies in, increase of irrigation facilities (less than 50 % of land is irrigated) and increase in fertilizer production.
We at KCFL have done our mite; Our SSP (Single Super Phosphate) capacity which was 66,000 TPA at one location has been increased steadily with expansions and acquisitions to 11,13,500 TPA and at seven different locations in the states of M.P., U.P., C.G., Rajasthan & Gujarat. Similarly the Sulphuric Acid capacities have been increased from 33,000 to 2,70,600 MT at four different locations in the states of M.P., U.P. & C.G.
The government’s overall policy on Fertilizer though, is directed to increase consumption of phosphates in the next few years, but being an important sector of the economy has been subject to frequent reviews. We have however ingrained in our mind and work that:
“We cannot direct the wind,
But we can adjust our sails.”
And our team has accordingly been able to successfully remain amongst the front runners of the SSP and Soya Oil industries.
Chairman & Managing Director