Indian Farmers Fertiliser Cooperative Limited (IFFCO) is one of the largest cooperative societies in the world and is headquartered in New Delhi, India. Here’s a detailed overview of the company:
Name: Indian Farmers Fertiliser Cooperative Limited (IFFCO)
Establishment: IFFCO was established in 1967 with the aim of improving agricultural productivity in India by providing high-quality fertilizers and agricultural inputs to farmers.
Founder: by a group of Indian farmers led by Dr. U.S. Awasthi in November 3, 1967,
CEO and Chairman: Mr. Dileep Sanghani
Headquarters: New Delhi, India.
motto : – To enable Indian Farmers to Prosper through timely supply of reliable, high-quality agricultural inputs and services in an environmentally sustainable manner and to undertake other activities to improve their welfare.”
Number of employees : 12k++
locations :
- Kalol, Gujarat
- Phulpur, Uttar Pradesh
- Kandla, Gujarat
- Paradeep, Odisha
- Aonla, Uttar Pradesh
- Kisan Seva Kendras (KSKs) and cooperative societies spread across various states in India
Industry: IFFCO operates in the agricultural sector, primarily focusing on the production and distribution of fertilizers and other agricultural inputs.
Products and Services:
- Fertilizers: IFFCO produces a wide range of fertilizers including urea, DAP (Diammonium Phosphate), NPK (Nitrogen-Phosphorus-Potassium) complexes, and other specialty fertilizers.
- Seeds: The company also deals in seeds for various crops, including cereals, pulses, oilseeds, and vegetables.
- Agrochemicals: IFFCO manufactures and distributes agrochemicals such as pesticides, herbicides, and fungicides.
- Rural Retail: IFFCO operates a network of rural retail outlets under the brand “IFFCO Kisan Sanchar Limited (IKSL)” providing agricultural products, services, and information to farmers.
Operations: IFFCO has manufacturing facilities for fertilizers and other agricultural inputs across various locations in India. The company also has a significant presence in international markets through its exports.
Corporate Social Responsibility (CSR): IFFCO is actively involved in various CSR initiatives focused on rural development, education, healthcare, environmental sustainability, and community welfare.
Financial Performance: IFFCO’s financial performance can vary from year to year depending on factors such as market demand, government policies, and agricultural conditions.
Corporate Governance: IFFCO adheres to corporate governance norms and regulations set by regulatory authorities in India. Being a cooperative, it follows democratic principles and operates for the benefit of its farmer-members.
Future Outlook: IFFCO continues to focus on improving agricultural productivity, promoting sustainable farming practices, and enhancing the welfare of farmers in India and beyond.