Dr. Madaviya says India-Israel share an extensive economic, defence and strategic relationship
Israel Chemicals Limited (ICL) is willing to develop a deep association for improved technologies, logistics and application in the area of downstream fertilizers, said ICL Global President Elad Aharonson.
He expressed ICL’s interest in India after signing a MoU with Indian Potash limited (IPL) on 21 Mar 2022 for the supply of Muriate of Potash (MOP) for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT.
Aharonson also invited Minister of Chemicals & Fertilizers Dr. Mansukh Madaviya to visit Israel and see various technological advancement made by the country in the field of agriculture and fertilizer sector despite their constraints of land and water.
Speaking on the MoU, Dr. Madaviya said, “India and Israel share an extensive economic, defence, and strategic relationship based on mutual trust and cooperation. Agriculture sector in India has huge potential and provides ample opportunities to collaborate and innovate.
“India and Israel should work together in the field of Research in Fertilizer sector so that it benefits the farming community”. He said that the Indian Government is committed to increase the agricultural production and income of farmers with judicious use of fertilizers and sought cooperation of Israeli side in improving fertilizers use, use of alternate environment friendly fertilizers.”
The MoU is an important step towards increasing the availability of MOP in the country and will further propel the agriculture production in the country thereby improving the lives of the farming community.
It has been a matter of great satisfaction that ICL is also working with IPL in operating a project titled “Potash for Life focused on achieving higher fertilizer use efficiency” with an aim to increase the income of farmers, Dr. Madaviya said. fiinews.com
