Caitlyn India (CIPL) has announced an investment of Rs 400 crore to establish a 50,000 tpa integrated phosphoric acid plant by FY27. The facility will be located in a port-accessible industrial zone in Southern India, covering 30 to 50 acres, and will include a captive sulphuric acid unit.

The plant will use hemihydrate–dihydrate (HH-DH) technology and import raw materials such as rock phosphate from Morocco, Jordan, and Egypt. Initially, the high-purity phosphoric acid produced will be supplied to Indian fertiliser manufacturers, with a portion later allocated for internal use once CIPL sets up its own NPK fertiliser facility.

The new plant will also generate cleaner gypsum by-products, aligning with sustainability goals. the investment is aimed at bridging the gap between rising demand and limited domestic supply of phosphoric acid, towards enhancing India’s fertiliser self-sufficiency, and building a globally competitive manufacturing base.

The Indian phosphoric acid market, valued at USD 2.62 billion in 2024, is expected to reach USD 4.91 billion by 2033. Meanwhile, the fertiliser sector is projected to grow to Rs 1.38 lakh crore (USD 16.58 billion) by 2032, highlighting strong industry momentum.