New Delhi, July 15 -- The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved the National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026) to encourage fresh investments in domestic urea manufacturing, to increase indigenous production and reduce the country's dependence on imports.

The new policy, approved by the Cabinet, will support the setting up of new gas-based urea manufacturing units across the country as India moves towards self-sufficiency in urea production.

Briefing the media after the Cabinet meeting, Union Minister Ashwini Vaishnaw said, "About 8-9 new urea manufacturing plants will be established, where each of them will produce about 12.7 lakh metric tonnes. From these plants, about 1 cror...