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IFFCO, Indian Farmers Fertilizer Cooperative Limited

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The Indian Farmers Fertilizer Cooperative Limited (IFFCO) is a prominent cooperative organization in India that represents over 50 million farmers. Established in 1934, it is a key player in the fertilizer industry, providing farmers with a wide range of products and services.

Key Highlights:

  • Largest fertilizer cooperative in India: IFFCO is the largest fertilizer cooperative in India, with a turnover of over INR 40 billion (as of 2022-23).
  • Distribution network: IFFCO has a vast distribution network of over 10,000 retail outlets across the country, ensuring timely delivery of products to farmers.
  • Product portfolio: IFFCO offers a wide range of fertilizers, including urea, ammonium nitrate, DAP, potash, and phosphatic fertilizers. It also provides other farm inputs, such as seeds, insecticides, and pesticides.
  • Farmer services: IFFCO provides various services to farmers, including crop advisory, soil testing, and financial assistance.
  • Marketing and branding: IFFCO is known for its strong marketing and branding presence. It has a popular brand name, “Fertil,” and has been actively promoting digital agriculture.
  • Social impact: IFFCO has played a significant role in improving the lives of farmers by providing them with access to quality fertilizers and services.

Challenges:

  • Competition: IFFCO faces competition from other large fertilizer manufacturers and cooperatives.
  • Market fluctuations: Volatile market prices for raw materials can impact IFFCO’s profitability.
  • Distribution logistics: IFFCO’s vast distribution network can be challenging to manage effectively.
  • Farmers’ dependence: Farmers’ dependence on IFFCO for fertilizers and services can create a sense of vulnerability.

Overall, IFFCO Indian Farmers Fertilizer Cooperative Limited is a prominent organization that has made a substantial contribution to the Indian agricultural sector. Its wide product portfolio, extensive distribution network, and farmer-centric services have made it a key player in the industry.

FAQs

  1. Is IFFCO a government company?

    No, IFFCO is not a government company. It is a multi-state cooperative society, meaning it is owned and operated by member cooperatives, not directly by the government.

  2. Is IFFCO government-owned?

    IFFCO is not owned by the government. It is a cooperative society owned by Indian farmers through various cooperative societies. However, the government may have some indirect control or influence through regulations.

  3. Which type of company is IFFCO?

    IFFCO is a multi-state cooperative society involved in the production and distribution of fertilizers. It operates on a cooperative business model.

  4. Who is the owner of IFFCO?

    IFFCO is owned by Indian farmers who are members of cooperative societies across the country. It is not owned by any individual or government entity.

  5. Who is the MD and CEO of IFFCO?

    As of the latest available information, Dr. U. S. Awasthi is the Managing Director and CEO of IFFCO.

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