Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 93)
93.
In which country is IFFCO setting up its first overseas nano fertiliser plant?
Argentina
South Africa
Indonesia
Brazil
Answer: Option
Explanation:
IFFCO, one of India's leading cooperative fertilizer companies, is establishing its first overseas nano fertiliser plant in Brazil through a joint venture with NANOFERT. This strategic move aims to produce 4.5 million litres of nano fertiliser annually, enhancing IFFCO’s global presence and contributing to cost reductions. Nano fertilisers are gaining traction for their ability to significantly improve crop productivity while reducing the need for traditional chemical fertilisers. The choice of Brazil, a major agricultural powerhouse, positions IFFCO to tap into a large market and foster sustainable farming practices internationally.
Discussion:
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