The Indian Fertilizer Industry has shown an average growth of 10% in the last 2 decades and at present ranks third in the world. India is the second-largest consumer of fertilizers after China. Farming and ancillary activities contribute about 1/6th to India’s GDP. The government is able to decrease dependency on imports by 7% CAGR for the last 5 years. Since the past 2-3 years we have seen the muted growth but again this year growth has gained the momentum. The majority of the companies from this sector were once in Nifty but as this industry has grown by just 10% many growing Industries have overtaken and taken place of Fertilizer stocks. Chambal, Nagarjun, and RCF were once in Nifty-50 today Not in Nifty-100.