Abstract: Indian Fertilizer Industry being one of the allied sectors of agricultural spheres has immense scopes of growth in future. At present India is the world’s third largest fertiliser producer with an installed capacity of 12.76 million tonnes of nitrogen, 6.2 million tonnes of phosphatic nutrients. Urea is the key fertilizer consumed within the nitrogenous fertilizers segment and accounts for almost 55-60% of all fertilizer consumed in India. Due to high prices of P &K fertilisers under the NBS regime, farmers are using less costly urea in place of P&K fertilisers which is one of the reasons for unbalanced use of fertilizers which in turn lowers average yield per hectare.