India Set to Become World's Second-Largest Ammonia Producer by 2030
India is poised to become the world's second-largest producer of ammonia by 2030, ranking behind only the United States. According to data from the GlobalData analytical platform, the country will account for more than 15% of the projected increase in global ammonia production capacity over the remainder of the decade. Six New Projects to Drive Capacity Growth India plans to achieve this expansion through the launch of six new ammonia production projects. Among the companies leading the investment drive are Reliance Industries and Madras Fertilizers, both of which are developing large-scale capacity expansion projects. The fertilizer industry remains the country's largest consumer of ammonia, while industrial demand comes primarily from water treatment, textile processing and refrigeration systems.
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