A Brief about the Products by IFFCO

Established in the year 1967, IFFCO began operations with about 56 cooperatives. Under the able leadership of its managerial staff, especially Dr US Awasthi, the CEO and MD of IFFCO, the organisation has grown by leaps and bounds and today has more than 36000 cooperatives as its members. IFFCO, with an aim to offer their services for the betterment of Indian farmers, offers a number of products. Here is a brief introduction to some of the more popular products by IFFCO:

Primary Nutrients

· Urea

The most important nitrogenous fertiliser in the country, Urea has high N content (about 46%).

Besides being used in farming, it is also used as cattle feed supplement. It works great in replacing a part of the cattle’s protein requirements. Urea also has several industrial uses, like being used in the production of plastics.

· NPK

NPK complex fertilisers are produced by IFFCO at Kandla and are DAP based grades. While in granular form the NPK complexes do not pose problems during handling or storage, exposure to high humidity can lead to caking.

· NP

IFFCO also produces NP (Grade 20:20:0:13). This is an ammonium phosphate sulphate fertiliser that provides nitrogen, phosphorus, and sulphur to the crops.

· DAP

DAP by IFFCO is a source of crucial nutrients like nitrogen and phosphorus, and is an integral part of nurturing the earth. This fertiliser is suitable to be used with all kinds of crops.

Water soluble fertilisers

As the name suggests, this is a product that is readily soluble in water. It releases essential plant nutrients at the root zone. From there, the nutrients are absorbed by the plant. This method of fertiliser application is referred to as fertigation, where the fertiliser is incorporated within the irrigation water via the drip system.

Bio fertilisers

These are good sources that can be used to enhance the availability of nutrients in the soil and plants. Bio fertilisers are low cost, effective, and environmental friendly sources of nutrients that supplement fertilisers.

While these are the main product offerings by IFFCO, there are other products available as well. IFFCO also provides secondary and macronutrients, like Zinc Sulphate Monohydrate, and plant growth promoters, like Sakarika.

IFFCO Bags First Position Among Fortune 500 Companies in India

IFFCO or the Indian Farmers Fertilizers Cooperative keeps proving time and again that it is the largest fertilizer cooperative in India, and it has done so yet again. IFFCO has retained its “Rank 1” position among Fertilizer and Agro Chemicals industries in the nation in the Fortune 500 India rankings this year.

In addition to this, the firm stood at a decent 68^th position among the overall rankings of Fortune 500 companies in India, thus keeping up with its tradition of bagging top positions in the list every year. IFFCO happens to be the only cooperative in India, to have made it to the top 100 list, a matter in which all co-operative societies associated with IFFCO take enormous pride.

Crowd’s Reaction

IFFCO’s MD, Dr. U S Awasthi, shared this happy news with the public via twitter. Dr. Awasthi’s tweet was met with a warm reaction as people showered heaps of congratulatory messages. Besides expressing their happiness, some even deemed themselves fortunate for getting to work with the organization, under the able leadership of IFFCO’s MD.

Fortune 500 Rankings

The list of Fortune 500 companies in India is compiled every year by Fortune magazine’s Indian edition, which ranks the top 500 of the largest corporations within the country. These rankings are based on various aspects such as innovativeness, financial security, use of corporate assets, long-term investments, as well as global competitiveness.

Other Achievements

There have been other instances than the above-mentioned that have aided in establishing the fact that, be it domestic or global platforms, IFFCO as an organization remains undeniably good.  Recently the corporation was ranked first out of 300 global cooperatives in a report published by World Cooperative Monitor of International Cooperative Alliance.

IFFCO has been working towards ensuring food security in the country since the year 1967. The cooperative has established 5 huge plants across India and several global joint ventures such as KIT, Omifco, and JIFCO etc.

IFFCO also maintains a strong standing in International Fertilizer Association and a global board seat in International Cooperative Alliance. In the year 2017-18, IFFCO had an outcome of 84.79 lakhs MT fertilizers with a turnover of Rs. 20,788 crores.