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Will increase production if urea policy gets implemented: Zuari Agro

There is a cabinet meet today to discuss a change in the urea subsidy policy.

March 31, 2017 / 13:35 IST
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At a Cabinet meet today to discuss a change in the urea subsidy policy, higher subsidies are likely to be paid to companies who perform better based on import parity.

Speaking to CNBC-TV18, Kapil Mehan, MD & Group CEO of Zuari Agro Chemicals said the Cabinet should look into the method of subsidy collection.

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Talking about business, he said the company will be able to increase production if the urea policy gets implemented.

He added urea contributes 40 percent to company's total revenue.