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Below Quote on Fertilizer sector outlook from Yadhu Ramachandran, Research analyst at Geojit Financial Services.

The adoption of Nano DAP/Urea in agriculture could aid in the transformation of the fertiliser sector. Unlike conventional methods of applying DAP and Urea, the foliar application of nano nutrients can enhance crop yields while minimising the environmental impact by restoring soil fertility. Moreover, this technology could potentially reduce the need for imports and lower the government's fertiliser subsidy. In addition, the use of nano nutrients during the kharif season, particularly in areas affected by El Nino-induced drought, may enable crops to survive better and produce higher yields compared to conventional fertilisers that require more water. Given India's heavy reliance on the monsoon season for agriculture, the use of nano fertilizers could alleviate concerns over the impact on output. However, it might take some time for acceptance from the larger farmer community, as the results are yet to be seen on the ground.

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