2405:204:A11B:92B:D5FC:FC4D:D4DC:8B4E at 12:01, 5 July 2021

2021-07-05T12:01:01Z

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{{Use Indian English|date=April 2017}}
{{Use dmy dates|date=March 2013}}
{{Infobox company
| name =
| logo = Iffco logo.png
| caption =
| type = [[Cooperative]]
| traded_as =
| genre = 
| fate =
| predecessor =
| successor =
| foundation = {{Start date|df=yes|1967|11|03}}
| founder =
| defunct =
| location_city = [[New Delhi]]
| location_country = India
| location =
| locations =
| area_served = [[India]]
| key_people = {{Unbulleted list|B.S Nakai {{Small|(Chairman)}}| Dr. U.S Awasthi{{Small|(MD & CEO)}}| Dr. Jagadish Kumar {{Small|(MB)}}| A.K Yadav {{Small|(IFFCO Employee)}}}}
| industry =
| products = [[Fertiliser]]s
| services =
| revenue = {{INRConvert|20788|c}} (2017-18)<ref name=10year>{{cite web|url=http://iffco.in/assets/download/IFFCO_Annual_Report_2017-18_web.pdf}}</ref>
| operating_income =
| net_income =
| aum = 
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid = [[IFFCO Tokio General Insurance Company Limited]] Kisan International Trading FZE IFFCO Kisan Logistics Limited IFFCO Kisan Sanchar Limited IFFCO eBazar Limited IFFCO-MC Crop Science Private Limited Indian Farm Forestry Development Cooperative Limited 
| homepage = {{URL|http://www.iffco.in}} {{URL|http://www.iffco.coop}}
| footnotes =
| intl =
}}

'''Indian Farmers Fertiliser Cooperative Limited''', also known as '''IFFCO''' is a Multi-state [[cooperative]] society engaged in the business of manufacturing and marketing of [[Fertilizer|fertilisers]] headquartered in [[New Delhi]], India . Started in 1967 with 57 member cooperatives it is today the biggest co-op in the world by turnover on [[Gross domestic product|GDP]] per capita with around 35,000 member cooperatives reaching over 50 million Indian farmers.

With around 19% market share in [[Urea]] and around 29% 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 <ref>{{Cite news|url=https://www.fortuneindia.com/fortune-500/company/iffco?year=2017|title=IFFCO - Fortune India 500}}</ref> with a net worth of $2.3 billion as on March, 2018.<ref>{{Cite web|url=http://iffco.in/assets/download/IFFCO_Annual_Report_2017-18_web.pdf|title=IFFCO Annual Report 2017-18}}</ref>

==History==
'''1960s'''

The food crisis of the early '60s mobilised India's farmers and the founding fathers of a `young' India to look for longer-term solutions. International organisations, including the American Co-operative Study Team, conducted fertiliser feasibility studies in India to increase production. The cooperative sector in India at that time was distributing 70 per cent of the chemical fertilisers consumed in the country. This sector had adequate infrastructure to distribute [[Fertilizer|fertilisers]] but had no production facilities. With the introduction of multi-agency approach by the Government of India in the distribution of fertilisers during 1967, the private trade also entered the field of fertiliser distribution. The private sector production units provided more opportunities to the distribution network of private trade and gave secondary preference to the cooperatives in the matter of supplies. Due to this development, the cooperatives started getting less supplies of the fertilisers.

To overcome this limitation and also to bridge the growing demand for the fertilisers in the country, a new cooperative was conceived. The notion of the cooperative was especially appealing for its core values of self-help, accountability, democracy, equality, equity and solidarity. In the year 1964, the [[National Cooperative Business Association|Cooperative League of USA]] proposed to the Government of India that the American Cooperatives were interested to collaborate with Indian Cooperatives in setting up fertiliser production capacity.

The idea appealed to the Government of India and eminent cooperators of the country. As a result, Indian Farmers Fertiliser Cooperative Limited (IFFCO) was conceived and registered on 3 November 1967, as a multi-unit cooperative society with the primary objective of production and distribution of fertilisers. The U.S. Cooperatives through Cooperative Fertiliser International (CFI) provided a financial aid besides technical know-how to IFFCO.1967 saw proposals submitted for Ammonia, Urea and NPK plants, notably at Kalol and Kandla in [[Gujarat]], and on 3 November 1967, IFFCO was registered as a multi-unit cooperative.

'''1970s'''

The Kalol and Kandla plants were commissioned and built with great innovations and indigenous materials. In 1974, the plant at [[Kalol, Gandhinagar|Kalol]], [[Gujarat]] was inaugurated and project work for two more plants was initiated.

'''1980s'''

Two more Urea plants were commissioned at Phulpur and Aonla in [[Uttar Pradesh]]. IFFCO's founding Managing Director: [[Paul Pothen|Mr. Paul Pothen]] received the [[Padma Shri]] award for his contribution to the revival and growth of India's Agricultural and farming community. IFFCO became a stakeholder in Industries Chimiques Du Senegal (ICS), [[Senegal]]'s biggest industrial venture to manufacture [[Phosphoric acid|Phosphoric Acid]].

'''1990s'''

The Kalol, Kandla, Phulpur and Aonla plants were expanded to increase production capacity and improve production technology to meet the increasing demand for IFFCO fertilisers and meet the growing demand for food in India. This was the decade of major transformation, which set the foundation for the growth that the organisation was about to undertake in the forthcoming years. The process led to significant expansion in the capacity and capabilities of the manufacturing units that resulted in phenomenal increase in the operational efficiency of the plants and brought them at par with the highest global standards. To further improve productivity and profitability an impetus was put on getting IFFCO on the global map and Joint Ventures were established in [[Oman]], [[Jordan]] and [[Dubai]]. And diversified the business interests of IFFCO beyond fertilisers to sectors like [[General insurance]], rural telephony, international trading, [[pesticide]]s and even rural [[e-commerce]]. These steps proved to be a game changer and catapulted IFFCO into a new era.

'''2000s'''
[[File:Aonla(2).jpg|thumb|A view of the IFFCO plant at Aonla, Uttar Pradesh]]
IFFCO became an autonomous cooperative, expanding its presence and partnerships in India and abroad. The year 2000 saw the establishing of [[IFFCO Tokio General Insurance Company Limited|IFFCO Tokio General Insurance Company Ltd.]], and the launch of customised rural-centric insurance products. IFFCO acquired shareholding in the [http://www.omifco.com/ Oman India Fertiliser Company]. The Paradeep plant was acquired, and the Kisan International Trading FZE (KIT), a wholly owned [[subsidiary]] for imports, exports and logistics support for fertilisers, raw materials and intermediates, was set up in [[Dubai]]. IFFCO also made forays into [[Jordan]] and established [http://www.jifco.co/ Jordan India Fertilizer Company L.L.C] and promoted [http://www.iffcokisan.com/ IFFCO Kisan Sanchar Ltd], a unique venture to bring the benefits of modern mobile communications to rural India.

'''2010s'''

IFFCO embarked on several expansion and diversification plans to increase its domestic fertiliser production capacity. These plans also included the acquisition of more plants, further overseas joint ventures and the introduction of several energy reduction measures to improve production efficiency, and minimise carbon footprint. In a joint venture with [[Mitsubishi Corporation]], [[Japan]], IFFCO-MC Crop Science Private Limited<ref>{{Cite news|url=https://timesofindia.indiatimes.com/business/india-business/Make-in-India-IFFCO-launches-joint-venture-with-Mitsubishi-Corp-for-manufacturing-agrochemicals/articleshow/48685670.cms|title=IFFCO launches joint venture with Mitsubishi Corp}}</ref> was incorporated to provide quality agrochemicals in India. The IFFCO iMandi<ref>{{Cite news|url=https://economictimes.indiatimes.com/news/economy/agriculture/iffco-launches-e-commerce-platform-for-farmers-eyes-5-billion-sales-in-2-years/articleshow/64998865.cms|title=IFFCO launches e-commerce platform for farmers}}</ref> was envisioned to introduce the modern retail and information experience to rural India by combining technology with experience to deliver value to consumers in the Indian hinterland.

==Plants==

* [[Kalol, Gandhinagar|Kalol]], [[Gujarat]]: Commissioned in 1975 and expanded in 1997, it produces [[ammonia]] (1100 MTPD) and [[urea]] (1650 MTPD).<ref>{{cite web | url=http://www.iffco.in/index.php/productionunit/index/kalol | title=Production unit: Kalol | publisher=IFFCO | access-date=23 December 2020}}</ref>
* [[Kandla]], [[Gujarat]]: Commissioned in 1975 and first expanded in 1981 and again in 1999, it produces [[NPK]] (10:26:26; Capacity 520,000 MTPD), NPK (12:32:16; Capacity 700,000 MTPD), NP (20:20:0:13), [[Diammonium phosphate|DAP]] (18:46:0; Capacity 1,200,000 MTPD) and water-soluble fertilisers.<ref>{{cite web | url=http://www.iffco.in/index.php/productionunit/index/kandla | title=Production Unit: Kandla | publisher=IFFCO | access-date=23 December 2020}}</ref>
* [[Phulpur, Allahabad|Phulpur]], [[Uttar Pradesh]]: Commissioned in 1981 and expanded in 1997, it produced [[ammonia]] (9.7 lakh MT) and [[urea]] (17 lakh MT).<ref>{{cite web | url=http://www.iffco.in/index.php/productionunit/index/phulpur | title=Production Unit: Phulpur | access-date=23 December 2020}}</ref>
* [[Aonla (Assembly constituency)|Aonla]], [[Uttar Pradesh]]: Commissioned in 1988 and expanded in 1996, it produced [[ammonia]] (1740 MTPD) and [[urea]] (1515 MTPD).<ref>{{cite web | url=http://www.iffco.in/index.php/productionunit/index/aonla | title=Production Unit: Aonla | publisher=IFFCO | access-date=23 December 2020}}</ref>
* [[Paradip|Paradeep]], [[Odisha]]: Taken over in 2005, it produces [[phosphoric acid]] (8,75,000 MTPA), [[Sulfuric acid|sulphuric acid]] (23,10,000 MTPA), [[NPK]] (10:26:26), NPK (12:32:16), NP (20:20:0:13) and [[Diammonium phosphate|DAP]] (18:46:0) grade of fertilisers.<ref>{{cite web | url=http://www.iffco.in/index.php/productionunit/index/paradeep | title=Production Unit: Paradeep | publisher=IFFCO | access-date=23 December 2020}}</ref>

==Associates and subsidiaries ==
*[[Indian Potash Limited]] in India
*[https://www.ics.sn/ Industries Chimiques du Senegal], [[Senegal]]
*[http://www.omifco.com/ Oman India Fertiliser Company SAOC], [[Oman]]
*[http://www.jifco.co/ Jordan India Fertiliser Company LLC], [[Jordan]]
* [[IFFCO Tokio General Insurance Company Limited]]
*[[National Commodity and Derivatives Exchange]]
*[http://www.iffcokisan.com/ IFFCO Kisan Sanchar Limited]
*[[File:Iffco farmer.jpg|thumb|A farmer using fertiliser on his fields]][http://www.iklltd.com/ IFFCO Kisan Logistics Limited]
*[http://www.iksez.com/ IFFCO Kisan Special Economic Zone Limited]
*[http://www.iffcomc.in/ IFFCO-MC Crop Science Pvt. Limited]
*[[Indian Potash Limited]]

== Accidents==
On the night of 22 December 2020, due to leakage of Ammonia gas at the IFFCO Phulpur unit, 2 employees died and 15 others were hospitalized.<ref>{{cite web | url=https://www.indiatoday.in/india/story/gas-leak-at-iffco-plant-in-up-s-prayagraj-kills-2-15-hospitalised-1752239-2020-12-23 | title=2 die after major gas leak at IFFCO plant in UP’s Prayagraj, 15 hospitalised | publisher=India Today | date=23 December 2020 | access-date=23 December 2020}}</ref>

On 20 February 2012, the roof of a silo caved at the Paradeep unit, resulting in injuries to 27 people.<ref>{{cite web | url=https://www.news18.com/news/india/27-injured-in-roof-collapse-at-iffco-plant-448446.html | title=27 injured in roof collapse at IFFCO plant | publisher=News 18 | date=20 February 2012 | access-date=23 December 2020}}</ref>

==See also==
* [[Fortune India 500]]
* [[List of companies of India]]

== References ==
{{Reflist}}

==External links==
*[http://www.iffdc.in/iffdcatglance.php Indian Farm Forestry Development Cooperative Ltd]
*[http://www.iffco.in/initiatives/initiative_detail/not-for-profit/cordet Cooperative Rural Development Trust]
*[http://www.iffco.in/initiatives/initiative_detail/not-for-profit/ikst IFFCO Kisan Sewa Trust]

{{Authority control}}

[[Category:1967 establishments in Delhi]]
[[Category:Agricultural supply cooperatives]]
[[Category:Business services companies established in 1967]]
[[Category:Fertilizer companies of India]]
[[Category:Companies based in New Delhi]]
[[Category:Agricultural cooperatives in India]]

Indian Farmers Fertiliser Cooperative - Revision history

2405:204:A11B:92B:D5FC:FC4D:D4DC:8B4E at 12:01, 5 July 2021