Which Co-operative is engaged in fertilizer production and distribution?
Answers
Answer: Indian Farmers Fertiliser Cooperative Limited,
Explanation:
The co-operative which is engaged in fertilizer production and distribution is Indian Farmers Fertiliser Cooperative Limited,( IFFCO).
IFFCO is headquartered in New Delhi, India and is the largest manufacturer of fertilisers. It is a multi-state cooperative society which is involved in the manufacturing and marketing of fertilisers.
The co-operative started with 57 members in the year 1967 . Today it has become the biggest co-operative in terms of turnover on GDP per capita in the world. Currently it has around 35,000 member and caters over 50 million farmers of Indian.
It commands around 19% of the total market share of Urea and about 29% in complex fertilisers. As on 2018 March it has a net worth of $2.3 billion.
Hope this helps.