"Cooperatives are a reminder to the international community that it is

possible to pursue both economic viability and social responsibility."

-United Nations Secretary-General Ban Ki-moon

What are cooperatives?

International Cooperative Alliance (ICA) defines Cooperative as: -
"A co-operative is an autonomous association of persons united voluntarily to meet their
common economic, social, and cultural needs and aspirations through a jointly-owned and
democratically-controlled enterprise."

1. Indian Farmers Fertiliser Cooperative Limited (IFFCO)

Indian Farmers Fertiliser Cooperative Limited (IFFCO) is one of India's biggest cooperative
societies which are wholly owned by Indian Cooperatives.

Founded in 1967 with just 57 cooperatives, we are today an amalgamation of over 36,000 Indian
Cooperatives with diversified business interests ranging from General Insurance to Rural
Telecom apart from our core business of manufacturing and selling fertilisers.

Their vision

To augment the incremental incomes of farmers by helping them to increase their crop
productivity through the balanced use of energy efficient fertilisers; maintain the
environmental health; and to make cooperative societies economically and democratically
strong for professionalised services to the farming community to ensure an empowered rural
India.

Their Mission

IFFCO's mission is "to enable Indian farmers to prosper through timely supply of reliable, high
quality agricultural inputs and services in an environmentally sustainable manner and to
undertake other activities to improve their welfare".

To provide to farmers high-quality fertilisers in the right time and in adequate quantities to
increase crop productivity.

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 To make plants energy efficient and continually review various schemes to conserve
energy.

Commitment to health, safety, environment and forestry development to enrich the quality
of community life.

Commitment to social responsibilities for a strong social fabric.

To institutionalise core values and create a culture of team building, empowerment and
innovation which would help in the incremental growth of employees and enable achievement of
strategic objectives.

Foster a culture of trust, openness and mutual concern to make working, a stimulating
and challenging experience for stakeholders.

Building a value driven organisation with an improved and responsive customer focus. A
true commitment to transparency, accountability and integrity in principle and practice.

To acquire, assimilate and adopt reliable, efficient and cost-effective technologies.

Sourcing raw materials for the production of phosphoric fertilisers at economical cost by
entering into Joint Ventures outside India.

To ensure growth in core and non-core sectors.

A true cooperative society committed for fostering cooperative movement in the country.
Emerging as a dynamic organisation, focussing on strategic strengths, seizing opportunities for
generating and building upon past success, enhancing earnings to maximise the shareholders
value.

Vision 2020

In pursuit of it's growth and development, IFFCO had embarked upon and successfully
implemented its Corporate Plans , 'Mission 2005' , 'Vision 2010' and 'Vision 2015'. These plans
have resulted in IFFCO becoming the largest manufacturer and distributor of Chemical Fertilisers
in India and a significant global player by setting up Projects and Joint Venture Companies
overseas.

IFFCO's new Corporate Plan titled 'Vision-2020" will be guided by the following objects:

Achieving specific targets for Energy Saving through modernisation of existing plants.

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 Manufacture of new Fertiliser products, setting up Agro-processing Units and Agro-
Chemicals Projects.

Diversification in e-Commerce and promoting Venture Capital Projects.

Setting up Fertiliser projects overseas through strategic Alliances.

Set up a Credit Rating Agency for cooperative Societies.

Features of Vision 2020

The salient features of the 'Vision-2020' document are as under:

To stand as a Global Leader in Fertilisers production.

Implement strategies for sustainable development by reducing Energy Consumption and

better Resource Management.

Maximizing the synergies of Core Business through Forward/Backward Integrations.

Enhancing presence in International markets through Strategic Joint Ventures and

Synergistic Acquisitions.

Diversification in other Sectors for financial sustainability.

Promoting Integrated Nutrient Management and optimum Fertiser use.

To help the Cooperative Societies become economically strong, professionally managed

and to equip the Farming Community with advanced agricultural practices for improved
Productivity, to ensure an Empowered Rural India.

Achieve Fertilisers Marketing target of 15 million tonnes per annum by 2020.