Caitlyn India Private Ltd. (CIPL) which is into investments and capital deployment, has announced to invest ₹400 crore to set up a 50,000 tonne per annum (TPA) integrated phosphoric acid plant in India.
The facility will be located in a port-accessible industrial zone, with the company currently evaluating options in Southern India. The project will require approximately 30 to 50 acre of land, it said.
The company said that the plant will use hemihydrate–dihydrate (HH-DH) technology, enabling high-purity phosphoric acid production and cleaner gypsum by-products.
It will also include a captive sulphuric acid unit to support cost-effective and efficient operations. CIPL aims to commission the plant by FY 2027.
Initially, phosphoric acid output will be supplied to Indian fertilizer manufacturers.
The company also plans to use a part of the production captively, once it sets up its own NPK fertilizer facility in the future, it said.
“India’s phosphoric acid market is expanding rapidly, but domestic supply continues to lag behind demand,” said Agnivesh Agarwal, Director, CIPL.
“This investment reflects our commitment to support the country’s fertiliser sector with high-quality, locally produced inputs, while also building a globally competitive, sustainable manufacturing facility.”
CIPL plans to source its primary raw material, rock phosphate, from countries including Morocco, Jordan and Egypt. The company is exploring long-term contracts to ensure stable supply and pricing.
Published – May 27, 2025 09:09 pm IST
