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India’s first-ever FDI in fertiliser sector deal was signed between Yara International, a Norwegian chemical company and which company from India?
  • a)
    Tata Chemicals Ltd
  • b)
    Agri Tech Ltd
  • c)
    Teesta Chemicals Ltd
  • d)
    Khaitan Chemicals Ltd
  • e)
    Gagan Gases Ltd
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
India’s first-ever FDI in fertiliser sector deal was signed betw...
Yara International, a Norwegian chemical company announced the completion of its acquisition of Tata Chemicals Ltd’s 1.2 million tonnes per annum production capacity urea plant, located at Babrala in Uttar Pradesh. This acquisition deal is valued at Rs 2682-crore deal and marks the first foreign direct investment (FDI) in India’s highly regulated urea sector. The deal includes the transfer of all assets and liabilities of Babrala unit from Tata Chemicals to Yara. Yara’s annual sales in India stands at $35-40 million, mainly comprising premium micronutrients and complex and water-soluble fertilisers used in high-value crops such as apples, grapes and chilli.
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India’s first-ever FDI in fertiliser sector deal was signed between Yara International, a Norwegian chemical company and which company from India?a)Tata Chemicals Ltdb)Agri Tech Ltdc)Teesta Chemicals Ltdd)Khaitan Chemicals Ltde)Gagan Gases LtdCorrect answer is option 'A'. Can you explain this answer?
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India’s first-ever FDI in fertiliser sector deal was signed between Yara International, a Norwegian chemical company and which company from India?a)Tata Chemicals Ltdb)Agri Tech Ltdc)Teesta Chemicals Ltdd)Khaitan Chemicals Ltde)Gagan Gases LtdCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about India’s first-ever FDI in fertiliser sector deal was signed between Yara International, a Norwegian chemical company and which company from India?a)Tata Chemicals Ltdb)Agri Tech Ltdc)Teesta Chemicals Ltdd)Khaitan Chemicals Ltde)Gagan Gases LtdCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for India’s first-ever FDI in fertiliser sector deal was signed between Yara International, a Norwegian chemical company and which company from India?a)Tata Chemicals Ltdb)Agri Tech Ltdc)Teesta Chemicals Ltdd)Khaitan Chemicals Ltde)Gagan Gases LtdCorrect answer is option 'A'. Can you explain this answer?.
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