Meghmani Crop Nutrition Limited (MCNL), a wholly owned Subsidiary of Meghmani Organics Limited, has inaugurated its Nano Urea Plant yesterday at Sanand, Ahmedabad. The ceremony was graced by the esteemed presence of Dileep Sanghani, Chairman of IFFCO.

The commencement of commercial production for Nano Urea (Liquid) Fertilizer will be announced separately in due course.

In December 2022, MCNL entered into a licensing agreement with one of leading domestic fertiliser manufacturer for producing Nano Urea (Liquid) Fertilizer by using their domestically developed patented Technology.

Nano urea is revolutionary Liquid Fertilizer and is effective in enhancing the nutritional quality, crop’s productivity and additionally, it is environmentally safe. Additionally, it will help reduce Government’s subsidy burden on the conventional urea.

MCNL earlier announced to incur a capex of Rs. 150 crore for setting up the plant in Gujarat. The plants annual capacity was pegged at 5 crore bottles (~500 ml) per year. MNCL MNCL projects to achieve a top line of Rs. 1,000 crores on an annual basis.

MCNL’s foray into Liquid Fertilizers amplifies the growth strategy of the company and in agrochemical division.