On the industrial front, the OCP Group continued to expand its fertilizer production capacity with the completion of new projects.
Wheat and barley yields rose 21–23% on demonstration sites compared with traditional plots.
The surge is driven mainly by favorable weather conditions and an expanded olive harvest expected to hit 2 million tons, compared with 950,000 tons last year.
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.