FERTILIZERS AND CHEMICALS TRAVANCORE GETS GOVERNMENT APPROVAL FOR DAP MANUFACTURING

has received government approval to manufacture Di-Ammonium Phosphate (DAP) fertilizer at it's Kochi facility in Kerala. This approval encompasses both manufacturing and selling of DAP fertilizer, enabling the company to expand it's product portfolio within the fertilizer segment. Under this approval, the company can claim subsidies under the NBS Scheme for it's DAP manufacturing operations. This development positions it to leverage government support mechanisms while utilizing it's existing infrastructure efficiently. , a government entity, is the first large-scale fertiliser plant in Kerala. It is engaged in the manufacturing and selling of fertilizers and by-products. The company has been maintaining a healthy dividend payout of 40% making it a good investment opportunity for regular income.