Babrala unit Current Affairs, GK & News

India’s first-ever FDI in fertiliser sector: Yara acquires Tata Chemicals urea plant

Norwegian fertiliser giant Yara International has announced completion of its acquisition of Tata Chemicals’ 1.2 million tonnes per annum production capacity urea plant at Babrala in Uttar Pradesh. The Rs. 2,682-crore acquisition deal includes transfer of all assets and liabilities (including working capital) relating to Babrala unit. It marks first foreign direct investment (FDI) in ..