Fortune India 500 has once again ranked IFFCO as the leading company in Fertilizer & Agro Chemicals Industries in the nation. In addition, in overall companies ranking IFFCO was at 68th positions in the fortune India 500.
IFFCO Managing Director’s tweet announcing the company’s achievement was greeted by a barrage of congratulatory messages. The company has proved it again that from domestic soils to the international platform it remains unassailable by its competitors. UPL & National Fertilizer stood at second and third positions in the Fortune list.
While announcing the news, MD, Dr. U S Awasthi who has been working hard to take the cooperative giant to greater heights in a tweet wrote - Happy to share that IFFCO is again Ranked number one, the top place in the #Fertiliser & AgroChemical industries in India by FortuneMagazine. FortuneIndia 500 list IFFCO is in top 100 & ranked 68th in overall all companies ranking. Committed to farmers and cooperative service.”
It is important to mention that the rankings are based on several factors like innovation, people management, financial soundness, use of corporate assets, long-term investment & global competitiveness.
The IFFCO press release mentioned that it has retained the number 1 position in Fertiliser and Agro Chemical sectors. The company has been consistently maintaining its top rank in the list of Fortune 500 companies in India.
Recently, in a global report by World Cooperative Monitor of International Cooperative Alliance, IFFCO stood number 1 out of 300 global cooperatives.
