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View all search resultsState-run Indian Potash Ltd (IPL) issued a tender on Saturday to import 1.5 million tons via the country's west coast. The remaining 1 million tons will arrive through the east coast, according to the document posted on the company's website.
With the dry season forecast to arrive early and last longer due to a potential shift to El Niño, the government is readying several agricultural measures, including AWD to maintain optimal rice production.
The deal appears to take aim at what analysts have said are concerns in Washington about China's stranglehold on many critical minerals and the offshoring of Chinese companies' operations to countries like Indonesia.
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