Last Update: 2024-10-04 20:43:10
General information Indian Farmers Fertiliser Cooperative Limited (IFFCO) is world's leading processed fertilizer marketing company in cooperative sector with a turnover of $US 3.85 billion in year 2009-10. It’s a cooperative society which is wholly owned by its member societies with a vast marketing network of 40,000 cooperative societies reaching more than 55 million farmers in India. IFFCO broke its all earlier records this financial year by producing 8.2 million MT of fertilizers from its five production units in India which comprises of a total of 4.3 million MT of Urea & 3.9 million MT of NP/NPK/DAP respectively. The production saw a jump over of 6.3% for Urea & 25 % for Complex fertilizers from the last financial year. It sold a total of 11.8 million MT of fertilizer in India in 2009-10. It is supervised with IFFCO’s own administrative machinery of 5 Zonal offices, 20 State offices, 64 Area offices and 158 Farmers service centers spread over the country. which is very well connected with an electronic network for efficient & quick monitoring. IFFCO routes its products through its cooperative channels. Today, IFFCO is having a total of 19 associates & subsidiaries under its fold covering various sectors like General Insurance, Power generation, Rural Telecom, SEZ and Mining apart from its core business of fertilizers with joint ventures outside the country like Legend International- Australia, JIFCO- Jordan, KIT-Dubai, OMIFCO-Oman, ICS Senegal and recently added Growmax Agri Corp – Peru & Americas Petrogas Inc – Argentina. In India, IFFCO Power-ICPL, IFFCO Kisan SEZ, IFFCO Sanchar –IKSL, IFFCO Insurance-IFFCO-Tokio, Rural Development-CORDET, Forest Development-IFFDC, Community Service-Kisan Seva Trust, IFFCO Foundation, IPL – Potash. At global business level it’s having successful MoU’s with Phoschem-USA, PhosAgro-Russia & Mosaic – USA. IFFCO is also emphasizing on Energy conservation & use of alternate energy resources and had implemented various projects to undertake that and also sold its carbon credits to Spanish carbon fund. IFFCO is committed to the farmers of India will and keep on surpassing its previous records and emerge as the global leader in both the production as well as marketing of fertilizers.