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IFFCO - Indian Farmers Fertiliser Cooperative Limited

IFFCO has implemented successful 10-year plans called "Mission 2005" and "Vision 2010" that made it one of the largest fertilizer producers and marketers globally. Its new "Vision-2015" plan aims to: (1) Expand existing fertilizer production facilities and set up new joint ventures domestically and abroad (2) Diversify into other profitable sectors (3) Strengthen raw material sourcing through strategic joint ventures. Key goals of "Vision-2015" include becoming a global fertilizer leader, maximizing synergies through value additions, expanding international markets, leveraging new technologies, and achieving annual fertilizer production/marketing targets of 15 million tons and $30 billion turnover.

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0% found this document useful (0 votes)
254 views2 pages

IFFCO - Indian Farmers Fertiliser Cooperative Limited

IFFCO has implemented successful 10-year plans called "Mission 2005" and "Vision 2010" that made it one of the largest fertilizer producers and marketers globally. Its new "Vision-2015" plan aims to: (1) Expand existing fertilizer production facilities and set up new joint ventures domestically and abroad (2) Diversify into other profitable sectors (3) Strengthen raw material sourcing through strategic joint ventures. Key goals of "Vision-2015" include becoming a global fertilizer leader, maximizing synergies through value additions, expanding international markets, leveraging new technologies, and achieving annual fertilizer production/marketing targets of 15 million tons and $30 billion turnover.

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7/13/2016 IFFCOIndianFarmersFertiliserCooperativeLimited

Home>Highlights

Highlights Vision2015

IFFCOataGlance

AnnualReports
In pursuit of its growth and development, IFFCO had embarked upon and successfully implemented its Corporate
TenYearHighlights
Plans,Mission2005andVision2010.TheseplanshaveresultedinIFFCObecomingoneofthelargestproducerand
Vision2015
marketeerofChemicalFertilisersbyexpansionofitsexistingUnits,settingupJointVentureCompaniesOverseasand
Ratings DiversificationintonewSectors.:
AllIndiaNutrientShare
IFFCOhasnowvisualizedacomprehensiveplantitledVision2015whichwillbeguidedbythefollowingobjectives:
a)Productionoffertilizersthroughexpansionofexistingunits.
b)SettingupoffertilizerproductionfacilitiesinIndiaandoutsidethecountrythroughjointventures.
c)DiversificationintootherProfitableSectors.
d)StrengtheningitsrawmaterialsourcingthroughStrategicJointVenturesinIndiaandabroad.
e)StrategicAlliancesthroughIFFCOConsortium.

ThesalientfeaturesoftheVision2015documentareasunder:
a)TostandasaGlobalLeaderinFertilisersProductiontocatertothefoodsecurityneedofthenation.
b) Maximizing the synergies of the Core Business through Downstream Value Additions and Forward/ Backward
Integrations.
c)EnhancingpresenceinInternationalMarketsthroughStrategicJointVenturesandSynergisticAcquisitions.
d)Diversificationintootherprofitablebusinessestomaximizereturnstoourstakeholders.
e)LeveragingStateoftheArtTechnologiesandGlobalbestpracticestoretainitsglobalcompetitiveness.
f) Promoting Integrated Nutrient Management to improve efficiency of Fertilizer use and promoting location specific
researchonefficientfertilizerpractices.
g) To bring in Sustainability and Strategies to prevent Climate Change by reducing Energy Consumption, better
ResourcesManagementandpromotingRenewableEnergysources.
h)TohelptheCooperativeSocietiesbecomeeconomicallystrong,professionallymanagedandtoequiptheFarming
CommunitywithadvancedagriculturalpracticesforimprovedProductivity,toensureanEmpoweredRuralIndia.
i) Achieve Fertilizers Production / Marketing target of 15 million Tonne per annum with an annual turnover of Rs.
30,000crores.

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MarketingNetwork DAP Aonla IFFCOChairs DevelopmentTrust
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7/13/2016 IFFCOIndianFarmersFertiliserCooperativeLimited

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