TEL AVIV, Israel: ICL Group has announced the opening of a new specialty fertilizer production facility in Maharashtra, India, marking a strategic expansion aimed at strengthening supply security and advancing its long-term growth strategy.
The move by ICL Group comes at a critical time when India, a major fertilizer-importing nation, faces supply disruptions due to geopolitical instability and the closure of the Strait of Hormuz, a key global shipping corridor.
The new facility by ICL Group aligns with the Government of India’s “Make in India” initiative and underscores the company’s focus on building localized production capabilities in high-growth markets.
By manufacturing Water Soluble Fertilizers (WSF) within the country, ICL Group aims to reduce reliance on cross-border supply chains, diversify production routes, and ensure consistent access to essential agricultural inputs.
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Supporting India’s Growing Fertilizer Demand
With rising demand for advanced agricultural inputs, ICL Group’s new plant will produce Water Soluble Fertilizers designed to enable precise nutrient delivery and improve agronomic efficiency.
According to customs import data and historical growth trends, India’s WSF market has recorded a high single-digit CAGR, indicating robust demand.
Through this investment, ICL Group seeks to expand access to high-efficiency fertilizers, supporting Indian farmers in adopting sustainable and productive farming practices.
The initiative is expected to contribute to improved crop yields and bolster long-term food security in the country.
Strategic Infrastructure and Local Manufacturing
The newly inaugurated facility by ICL Group spans approximately seven acres (28,000 square meters) and replicates the company’s advanced production model currently operational in Israel.
Designed to deliver the same high-quality specialty fertilizers exported from Israel, the plant will strengthen supply reliability and enhance production flexibility.
By establishing this facility, ICL Group is creating a more diversified production base capable of navigating global supply chain disruptions while meeting growing domestic demand.
The company has maintained a presence in India for over three decades, generating approximately $250 million in annual revenues through partnerships and customer engagement.
“Establishing this manufacturing plant in India is a strategic step in scaling our specialty fertilizer production platform,” said Nir Ilani, President of the Growing Solutions Division of ICL Group.
“With geopolitical tensions disrupting global trade routes and delaying fertilizer shipments through a key corridor such as the Strait of Hormuz, building local production capacity is essential. This facility enhances India’s supply resilience and ensures farmers have consistent access to high-quality solutions.”
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ICL Group: Strengthening Long-Term Growth Strategy
The investment reinforces ICL Group’s strategy to expand its specialty fertilizers portfolio, deepen customer relationships, and respond effectively to localized agronomic requirements.
By strengthening its manufacturing footprint in India, ICL Group is positioning itself to better serve one of the world’s fastest-growing agricultural markets while mitigating risks associated with global supply chain disruptions.
