Know in which list IFFCO made India proud by registering first position.

Published on: 26-Feb-2024

Every person in the country knows the Indian Farmers Fertilizer Cooperative Limited (IFFCO), which manufactures chemical fertilizers for Indian farmers for their agriculture. 

At the same time, this chemical fertilizer manufacturing company of the cooperative sector has again got the first position in the list of the top 300 cooperative organizations of the world. The ranking is based on the ratio of turnover to gross domestic product (GDP) per capita.

In the list of the top 300 cooperative institutions of the world based on this ratio, IFFCO is ranked world no. 1 and has emerged as a cooperative institution. This shows that IFFCO is making a significant contribution to the GDP and economic growth of the nation.

IFFCO has gotten first place on which list 

International Cooperative Alliance is an organization at the international level. It is a non-government cooperative organization, which was established in the year 1885. 

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According to the 2023 edition of the 12th annual World Cooperative Monitor (WCM) report of the same International Cooperative Alliance (ICA), IFFCO's business contribution to the country's GDP and economic development has been shown. 

In terms of total turnover, IFFCO has reached 72nd position as compared to its 97th position in the last financial year. IFFCO with its 35,500 member cooperatives, 25,000 PACS and 52,400 Pradhan Mantri Kisan Samriddhi Kendras is a powerful example of prosperity through cooperation moving towards 'Atmanirbhar Bharat' and 'Atmanirbhar Agriculture'.

IFFCO has remained at the top position for the last many years 

IFFCO has maintained its top position for many years, which is a testament to the unwavering faith in the cooperative principles of IFFCO and its management. 

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It can also be seen as a symbol of the strong cooperative movement in the country, which has been given impetus by the formation of the Ministry of Cooperation by the Center and the able leadership of Shri Amit Shah Ji, Hon'ble Minister of Home and Cooperation, Government of India. 

The initiatives taken by the Ministry have created a conducive environment and helped the cooperative movement to flourish in India. 

Taking inspiration from Prime Minister Narendra Modi's vision of "Prosperity through cooperation" and years of hard work, research, and experimentation on various crops, IFFCO developed the world's first Nano Urea and Nano DAP for farmers.