An India-based farm input manufacturer plans to put up a $12-million third generation (3G) fertilizer plant in the Philippines, which will use eco-friendly technology proven to aid in raising crop yield and income.
Prathista Industries Ltd. (PIL) President KVSS Sairam said the company is now engaging in preliminary talks with the Department of Agriculture (DA) for the establishment of a 3G manufacturing facility, in a bid to capture a significant share of the $3-billion domestic fertilizer market.
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