S Sankarasubramanian of Coromandel International Appointed Chairman of Fertiliser Association of India

S Sankarasubramanian, who leads Coromandel International Limited as its Managing Director and CEO, has been appointed as the new chairman of The Fertiliser Association of India (FAI). The FAI board announced this decision on October 31st, promoting Sankarasubramanian from his prior position as co-chairman. Siba Prasad Mohanty, the Managing Director of Hindustan Urvarak & Rasayan Ltd, will now serve as the sole co-chairman. Sankarasubramanian brings extensive expertise with over 30 years in the fertilizer industry, specializing in phosphatic and potassic (P&K) fertilizers, and also chairs the FAI's Southern Region. He succeeded Sailesh C Mehta in this role. The FAI, established in 1955, is a pivotal industry body representing fertilizer manufacturers, distributors, importers, equipment makers, research institutes and input suppliers across India. Sankarasubramanian expressed the FAI's commitment to fostering innovation and sustainability through resource efficiency and balanced nutrition, while collaborating with policymakers to achieve 'Atmanirbharta' (self-reliance) in the fertilizer sector.

Impact: This appointment is significant for the Indian fertilizer sector. The chairman's vision and leadership can influence policy advocacy, industry standards, and the push for sustainability and self-sufficiency, potentially impacting the operational environment and growth prospects for companies like Coromandel International and others in the sector. Rating: 7/10.

Terms: Atmanirbharta: A Hindi word meaning self-reliance or self-sufficiency, referring to India's goal of becoming independent in various sectors. P&K sector: Refers to the Phosphatic and Potassic fertilizer segment, crucial for soil nutrition and crop yield.