Indian Farmers Fertiliser Cooperative
Indian multi-state cooperative society / From Wikipedia, the free encyclopedia
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Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, is a multi-state cooperative society engaged in the manufacture and marketing of fertiliser. IFFCO is headquartered in New Delhi, India. Started in 1967 with 57 member cooperatives, it is today the biggest co-operative in the world by turnover on GDP per capita (as per World Cooperative Monitor 2021),[2] with around 35,000 member cooperatives reaching over 50 million Indian farmers.
Company type | Cooperative society |
---|---|
Founded | 3 November 1967 (1967-11-03) |
Founder | Udaybhansinhji Natwarsinhji Jethwa |
Headquarters | , India |
Area served | India |
Key people |
|
Products | Fertilisers |
Revenue | ₹62,990 crore (US$7.9 billion) (FY23)[1] |
₹3,053 crore (US$380 million) (FY23)[1] | |
Website | www |
With around 19% market share in urea and around 31% market share in complex fertilisers (P2O5 terms), IFFCO is India's largest fertiliser manufacturer.
The cooperative was ranked 66th on the Fortune India 500 list of India's biggest corporations as of 2017,[3] with a net worth of $2.6 billion as on March, 2021.[4]