Indian Farmers Fertiliser Cooperative Business Overview

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Indian women farmers harvest cotton in a vibrant rural field under a clear sky.
Credit: pexels.com, Indian women farmers harvest cotton in a vibrant rural field under a clear sky.

The Indian Farmers Fertiliser Cooperative is a significant player in the country's fertiliser market. It was established in 1967.

The cooperative has a strong presence in the country, with over 1,300 primary cooperative societies under its umbrella. These societies are spread across 18 states in India.

The cooperative has a rich history of providing fertilisers to farmers at competitive prices. It has been instrumental in increasing crop yields and improving agricultural productivity.

The cooperative's business model is designed to benefit farmers directly, with a focus on providing high-quality fertilisers at affordable prices.

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What Is

The Indian Farmers Fertiliser Cooperative, commonly referred to as IFFCO, is a cooperative venture that aims to provide fertilisers to farmers at a reasonable price.

IFFCO is a limited company, with the full form in Hindi being "भारतीय किसान उर्वरक सहकारी लिमिटेड", which translates to Indian Farmers Fertiliser Cooperative Limited.

The cooperative has been established to benefit the farmers by providing them with fertilisers at a lower cost, which in turn helps to increase their income and improve their living standards.

IFFCO operates with the goal of making fertilisers more accessible and affordable for Indian farmers, which is reflected in its full form in Hindi.

Additional reading: Accrue Meaning in Hindi

Mission and Purpose

Credit: youtube.com, Full history about Indian farmers fertiliser cooperative limited (IFFCO)🍎

IFFCO's mission is to provide farmers in India with access to high-quality fertilizers at affordable prices.

The cooperative society was established in 1967 with a goal of promoting the use of fertilizers and other agricultural inputs in a sustainable and responsible manner.

IFFCO works to procure, manufacture, and distribute a wide range of fertilizers, seeds, and other agricultural inputs to farmers across India.

To achieve its mission, IFFCO promotes good agricultural practices and sustainable farming techniques to help farmers increase their crop yields and improve the quality of their produce.

IFFCO provides farmers with technical assistance and other support to help them improve their farming practices and increase their competitiveness in the market.

The cooperative society collaborates with various partners and stakeholders, including government agencies, research institutions, and other organizations, to promote the use of fertilizers and other agricultural inputs in a sustainable and responsible manner.

Here are some of the key ways IFFCO works to achieve its mission:

  • Procure, manufacture, and distribute fertilizers, seeds, and other agricultural inputs to farmers.
  • Promote good agricultural practices and sustainable farming techniques.
  • Provide technical assistance and support to farmers.
  • Collaborate with partners and stakeholders.

Overall, IFFCO's mission is to help farmers in India increase their crop productivity and income, and to contribute to the overall development and growth of the agricultural sector in the country.

Business Operations

Credit: youtube.com, IFFCO FERTILISERS

Indian Farmers Fertiliser Cooperative (IFFCO) operates a number of fertilizer plants in India, including those that produce urea, di-ammonium phosphate (DAP), and complex fertilizers.

The organization has a total production capacity of over 6 million tons of fertilizers per year. This is made up of various plants, each with its own production capacity.

Some of the notable plants operated by IFFCO include the Phulpur plant in Uttar Pradesh, which produces 2.2 million tons of urea per year, and the Paradeep plant in Odisha, which produces 1.3 million tons of urea per year.

Here are some of the key products produced by IFFCO:

  • Urea: 2.2 million tons per year (Phulpur plant)
  • Urea: 1.3 million tons per year (Paradeep plant)
  • DAP: 1 million tons per year (Kandla plant)
  • Complex fertilizers: 0.5 million tons per year (Bathinda plant)

IFFCO's production capacity has been impressive, with the organization producing 61.54 lakh tonnes of fertilizer material in 2004 and 2005, registering an overall capacity utilization of 101 percent for nitrogenous and 114 percent for phosphatic fertilizers.

Production

In terms of production, IFFCO has a total production capacity of over 6 million tons of fertilizers per year. This is achieved through its various plants located across India.

Credit: youtube.com, Production and Operations Management I

IFFCO operates a number of fertilizer plants, including those that produce urea, di-ammonium phosphate (DAP), and complex fertilizers. Some of its notable plants include the Phulpur plant, Paradeep plant, Kalol plant, and Kandla plant.

The Phulpur plant, located in Uttar Pradesh, has a production capacity of 2.2 million tons of urea per year. The Paradeep plant, located in Odisha, has a production capacity of 1.3 million tons of urea per year.

IFFCO's production capacity utilization is impressive, with an overall capacity utilization of 101 percent for nitrogenous fertilizers and 114 percent for phosphatic fertilizers in 2004 and 2005. This is reflected in its production numbers, with 61.54 lakh tonnes of fertilizer material produced during this period.

The organization's plant productivity is also noteworthy, standing at 1510 tonnes/person in 2004 and 2005. This is a testament to the efficiency of its operations.

Here's a breakdown of IFFCO's production capacity by plant:

Note: The production capacities listed above are specific to each plant and may not reflect the organization's overall production capacity.

Return

Farmers in India
Credit: pexels.com, Farmers in India

Return is a crucial aspect of business operations, and it's essential to understand the process and requirements involved.

The Indian Farmers Fertiliser Cooperative Limited has a GST Portal registration, which is active and valid.

The company's legal address is IFFCO Sadan, C-1, District Center, Saket Place, with a postal code of 110017 and a city of New Delhi.

The company's headquarters address is also located at IFFCO Sadan, C-1, District Center, Saket Place, with a postal code of 110017 and a city of New Delhi.

The company's LEI (Legal Entity Identifier) number is 335800ZLWDCHI1RBC340copy335800ZLWDCHI1RBC340, and it has been issued.

Here is a summary of the company's LEI details:

The company's LEI is managed by LEGAL ENTITY IDENTIFIER INDIA LIMITED, and the validation sources are FULLY_CORROBORATED.

Diversification and Joint Ventures

Indian Farmers Fertiliser Cooperative Limited (IFFCO) is a cooperative society that has been working towards increasing the availability of fertilizers to Indian farmers since 1967. IFFCO has made strategic investments in several joint ventures, including Godavari Fertilisers and Chemicals Limited (GFCL) & Indian Potash Limited in India, and Oman India Fertiliser Company (OMIFCO) in Oman.

Credit: youtube.com, IFFCO : Expansion at the behest of the farmer

IFFCO has entered into several key sectors as part of strategic diversification, including the general insurance sector through IFFCO-Tokio General Insurance Ltd (ITGI). ITGI has formulated new services that benefit farmers, such as the 'Sankat Haran Bima Yojana' which provides free insurance cover to farmers along with each bag of IFFCO fertiliser purchased.

IFFCO has also forayed into emerging concepts like agricultural commodity trading through its purchase of equity in National Commodity and Derivative Exchange (NCDEX) and National Collateral Management Services Limited (NCMSL). Another foray is IFFCO Chattisgarh Power Limited (ICPL), which is under implementation and aims to move into the core area of power.

IFFCO has a number of subsidiaries and associates that operate in various sectors, including agriculture, finance, insurance, and more. Some of its notable subsidiaries and associates include IFFCO Kisan, a digital platform that provides information, services, and products to farmers in India, and IFFCO Tokio, a joint venture that provides insurance products to farmers in India.

Here are some of the notable subsidiaries and associates of IFFCO:

  • IFFCO Fertilizers: Manufactures and sells fertilizers to farmers in India and other countries.
  • IFFCO Finance: Provides financial services, including loans and insurance, to farmers in India.
  • IFFCO Trade: Handles the export and import of fertilizers and other agricultural products.
  • IFFCO Agri Business: Focuses on the procurement, processing, and marketing of agricultural commodities in India.

IFFCO has also promoted several institutions and organisations to work for the welfare of farmers, strengthening the cooperative movement and improving Indian agriculture. These include Indian Farm Forestry Development Cooperative Ltd (IFFDC), Cooperative Rural Development Trust (CORDET), IFFCO Foundation, and Kisan Sewa Trust.

Benefits and Statistics

Two farmers walking through a misty Indian field at dawn, with trees and open landscape.
Credit: pexels.com, Two farmers walking through a misty Indian field at dawn, with trees and open landscape.

The Indian Farmers Fertiliser Cooperative (IFFCO) has been a game-changer for Indian farmers, providing them with essential fertilizers and support.

IFFCO has been successful in guaranteeing fertilizer supply, manufacturing and providing fertilizers like Urea, DAP, and NPK to boost crop yields. This has been a significant factor in increasing crop yields.

The cooperative has also been encouraging sustainable farming practices, using bio-fertilizers, organic farming, and green farming techniques. This approach has been beneficial for the environment and the farmers' health.

IFFCO's sales volume of fertilizers has been steadily increasing, reaching a volume of 15.6 million tonnes in FY 2022-2023. The sales volume of urea has also been significant, reaching 8.5 million tonnes in the same period.

Here are some key statistics on IFFCO's sales volume of fertilizers:

IFFCO's efforts to empower farmers through education, training, and online assistance have also been noteworthy. By providing these resources, the cooperative has helped improve agricultural practices and increase crop yields.

Benefits

Farmers in India
Credit: pexels.com, Farmers in India

One of the most significant benefits of IFFCO is its guarantee of fertilizer supply, which includes manufacturing and providing essential fertilizers like Urea, DAP, and NPK to boost crop yields.

IFFCO's commitment to sustainable farming is impressive, using bio-fertilizers, organic farming, and green farming techniques to promote eco-friendly practices.

By providing education, training, and online assistance, IFFCO empowers farmers to improve their agricultural practices and increase their yields.

Here are some ways IFFCO strengthens cooperative farming:

  • Encourages and strengthens cooperative enterprises for cooperative farming development.

IFFCO's rural development support is a game-changer for rural farm owners, helping their financial health through rural programs, insurance, and credit.

India Industry Statistics

India's fertilizer industry is a crucial sector that has been growing steadily over the years. The growth rate of fertilizer production in India has been impressive, with a growth rate of 5.1% from FY 2013 to FY 2024.

The industry has seen a significant increase in the number of fertilizer manufacturing plants in India, with 24 plants operating in FY 2022, including 12 nitrogenous fertilizer plants, 8 phosphatic fertilizer plants, and 4 potash fertilizer plants.

Farmers Bringing Sacks of Crops on Scale
Credit: pexels.com, Farmers Bringing Sacks of Crops on Scale

The total volume of fertilizers produced in India has also been increasing, with a total volume of 33.6 million metric tons produced in FY 2018-2023.

India's fertilizer industry is heavily reliant on imports, with the import value of fertilizers into India reaching $4.3 billion in FY 2024. The top fertilizer imports from China to India in FY 2024 were urea, DAP, and ammonium nitrate.

The leading fertilizer companies in India, in terms of market capitalization, are Rashtriya Chemicals and Fertilizers, Coromandel International Limited, Tata Chemicals, and National Fertilizers.

Here is a breakdown of the top fertilizer companies in India by market capitalization:

The consumption volume of chemical fertilizers in India has been increasing, with a total consumption volume of 24.3 million metric tons in FY 2025, broken down by nutrient as follows:

  • Nitrogenous fertilizers: 14.1 million metric tons
  • Phosphatic fertilizers: 6.5 million metric tons
  • Potash fertilizers: 3.7 million metric tons

Contact and Information

The Indian Farmers Fertiliser Cooperative (IFFCO) is a well-established organization with a strong presence in the country. IFFCO has a vast network of branches across India.

For any queries or concerns, you can reach out to IFFCO's headquarters in New Delhi at their address: 5, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016.

Their telephone numbers are +91-11-2618 1111 and +91-11-2618 1112.

You can also email them at [[email protected]](mailto:[email protected]).

Key Information

Credit: youtube.com, IFFCO Nano Fertilizer Plant UPSC | First Overseas Nano Urea Plant UPSC | Urea Gold Explained UPSC

IFFCO is a global company that raises the productivity of farmers. It ensures the availability of fertiliser, which is crucial for Indian agriculture.

Through its international ventures, IFFCO helps Indian agriculture. This is a significant contribution to the country's agricultural sector.

IFFCO invests in rural development. This focus on rural development has a positive impact on the lives of people living in rural areas.

The company also invests in digital technology. This helps improve efficiency and productivity in various aspects of agriculture.

Frequently Asked Questions

Which is the largest fertilizer cooperative in the world?

IFFCO is the largest fertilizer cooperative in the world, with a massive network of 35,000 member cooperatives serving over 50 million Indian farmers. It holds the top spot globally in terms of turnover on GDP per capita.

Who is the MD of IFFCO US Awasthi?

Dr. Awasthi is the former Managing Director of IFFCO, serving in the role from 1993. He played a key role in expanding the cooperative's operations in India and abroad.

What is the function of IFFCO?

IFFCO's primary function is to provide reliable and high-quality agricultural inputs and services to Indian farmers in a sustainable manner. This enables farmers to prosper and improve their welfare.

Maurice Pollich

Senior Writer

Maurice Pollich is a seasoned writer with a keen interest in the digital world. With a background in technology and finance, he brings a unique perspective to his writing. Maurice's expertise spans a range of topics, including cryptocurrency tokens, where he has developed a deep understanding of the underlying mechanics and market trends.

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