The forecast underscores the country’s continued reliance on external markets for more than half its wheat needs.
This is part of the Indian company’s plan to increase its fertilizer market share from 12% to 25% by 2026.
Rising material costs and mounting price pressure have eroded margins, with Südzucker admitting that these costs can only be partially passed on to customers.
The Group that its ‘Feeding the Nation Every Day’ agenda remains central to its 65-year strategy of reducing dependence on imported raw materials.
Tillmanns operates in multiple sectors, including coatings, construction, food & nutrition, and water treatment, premium specialty chemicals and tailored solutions.