New Delhi, Aug. 19 -- India's domestic urea sector is set for a fresh investment cycle, with fertiliser companies expected to commit Rs 80,000-90,000 crore in capital expenditure over the next six months, as the new investment policy is likely to spur capacity additions and reduce the country's dependence on urea imports from 2030-31, according to ICRA.

The plants coming up under the New Investment Policy for Urea-2026 (NIPU-2026) are expected to be commissioned in around 3.5-4 years, ICRA said. The investments are expected to materially improve domestic urea self-sufficiency from 2030-31.

India imported around 27 per cent of its urea requirement in 2025-26, with domestic capacity at 30.6 million tonnes per annum (MMTPA) against demand ...