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Indian Farmers Fertilizers Cooperative Limited
Indian Farmers Fertilizers Cooperative Limited
COOPERATIVE LIMITED
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HISTORY
Indian Farmers Fertilizer Cooperative Limited (IFFCO)
was registered on November 3, 1967 as a Multi-unit Co-
operative Society.
During the 1960s the cooperative sector in India was
responsible for the distribution of 70 per cent of the
fertilizers consumed in the country.
To overcome this difficulty and to bridge the demand
supply gap in the country, a new cooperative society was
conceived to specifically cater to the needs of farmers.
The Society is primarily engaged in the
production and distribution of fertilizers
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PLANTS OWNED BY IFFCO
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PRODUCTION AND
SALES
During the year 2007-8 IFFCO produced 68.47 lakh tones of
fertiliser material; registering overall capacity utilization of 94
percent for nitrogenous and 58 per cent for phosphatic
fertiliser.
The society has recorded an all time high turnover of Rs. 12163
crore and harvested a pre tax profit of Rs. 380.52 crore during
the year 2007-08 .
IFFCO has promoted several institutions and organizations to
work for the welfare of farmers, strengthening cooperative
movement, improve Indian agriculture.
Indian Farm Forestry Development Cooperative Ltd (IFFDC),
Cooperative Rural Development Trust (CORDET),
IFFCO Foundation, Kisan Sewa Trust belong to this category.
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IFFCO: Indian Farmers' Success
Story
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IFFCO, today, is a leading player in India's
fertiliser industry and is making substantial
contribution to the efforts of Indian Government
to increase food grain production in the country.
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MANAGEMENT OF
IFFCO
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REASONS FOR
FORMATION
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Evaluation of the firm over
a period of time
IFFCO-Tokio General Insurance (ITGI) .
It is a joint venture between the Indian Farmers
Fertilizer Co-operative (IFFCO) and its associate
and Tokio Marine and Nichido Fire Group, the
largest listed insurance group in Japan.
Bharti Airtel Ltd, the country's leading mobile
operator, has entered into a strategic tie-up with
Indian Farmers Fertilizer Cooperative (IFFCO) and
formed a new joint venture company--IFFCO Kisan
Sanchar Ltd (IKSL)--to reach the farmers
directly.
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FUTURE DIRECTIONS
We Sell For U Corp Announced the formation of an
Agreement with Indian Farmers Fertiliser
Cooperative Limited ('IFFCO') to explore the
commercial viability of generating and/or
distributing alternate energy to Indian market.
Indian Farmers Fertiliser Cooperative Limited is
planning to invest INR 50,000 million in 2009 in
doubling the production capacity of its plant in
Gujarat.
Gail India Ltd. announced that it has signed an
agreement with Indian Farmers Fertiliser
Cooperative (IFFCO) for looking at the possibilities
of setting up a gas-based power plant and a fertiliser
unit in India .
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MAIN PRODUCTS
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MAIN COMPETITORS
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RECOMMENDATIONS
IFFCO should stress on advertising
about their products. They should let
people know more about their products.
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