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India Shines Globally: Amul, IFFCO Secure Top Two Spots In World Cooperative Rankings
India Shines Globally: Amul, IFFCO Secure Top Two Spots In World Cooperative Rankings
Amul and IFFCO have secured the top two positions among the world's leading cooperatives, marking a proud moment for India. Congratulating them, Union Home and Cooperation Minister Amit Shah said the achievement reflects the relentless efforts of millions of women associated with Amul and farmers contributing to IFFCO
He wrote on X (Twitter), “A proud moment for India! Hearty congratulations to Amul and IFFCO for being ranked first and second, respectively, among the world's top ten cooperatives. This is a recognition of the hard work of the millions of women associated with Amul and the dedication of the farmers associated with IFFCO. Under the leadership of Prime Minister Narendra Modi, India's cooperative sector is becoming an example of self-reliance and global empowerment."
This ranking is from the World Cooperative Monitor (WCM), which is released annually by the International Cooperative Alliance (ICA) in collaboration with the European research institute Euricse. This list includes the world's 300 largest cooperatives and ranks them on two parameters: first, turnover, i.e., annual turnover. Second, turnover is compared to GDP per capita. Its purpose is to demonstrate the significant contribution cooperatives make to their country's economy.
Amul As Largest Dairy Cooperative
Amul, or Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), is India's largest dairy cooperative. Established in 1946, it today connects with over 3.6 million milk-producing farmers and processes millions of liters of milk daily. Amul brands are sold not only in India but in more than 50 countries. This organization operates on the principle of “Every Farmer, an Owner" and is considered the backbone of India's White Revolution.
IFFCO: Farmers' Trusted Cooperative Group
IFFCO (Indian Farmers Fertilizer Cooperative Limited) is India's largest multi-state cooperative, providing fertilizer and agricultural services to farmers across the country. Established in 1967, IFFCO today has over 35,000 cooperative societies affiliated with it. It is not limited to fertilizer production, but is also playing a leading role in digital rural services, sustainable farming, and climate-friendly projects.
Source: News18
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