- Activity: Agrochemical Business
- IFFCO's Shareholding: 51%
Incorporated on 28 th August 2015, IFFCO-MC Crop Science Pvt. Ltd. (IFFCO-MC) is a joint venture between Indian Farmers Fertiliser Cooperative Limited (IFFCO) and Mitsubishi Corporation, Japan with equity holding in the ratio of 51:49 respectively. The Vision of IFFCO-MC is To enhance farmer income by providing good quality crop protection products at reasonable prices.
IFFCO-MC started its operations from Rabi 2015-16 covering 10 states which were expanded to 17 states during 2018-19 covering major territories of the country. The product portfolio is created in such a way that it provides complete solution to farmers for their crop protection needs. For providing better assurance of quality and giving confidence to farmers, the Company has set-up a dedicated manufacturing facility situated in Bharuch, Gujarat.
The unique business model of the Company is farmer centric and transparent wherein IFFCO-MC products are available to farmers at the printed MRP which is distinctly in-variance with the Trade practice.
The Company also provides free accidental insurance cover to farmers through the novel insurance scheme named “Kisan Suraksha Bima Yojana”.
The Company has been maintaining a positive bottom line since inception.www.iffcomc.in