Caitlyn India Pvt Ltd (CIPL) will invest ₹400 crore (~$48 million) to set up a 50,000 TPA phosphoric acid plant in southern India using HH-DH tech for high-purity output.
Set to launch by FY27, it will support local fertiliser firms and future in-house NPK production.
Sourcing rock phosphate globally, CIPL aims to cut imports and boost India’s fertiliser self-reliance.