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About Us >> Promoters
Indian Promoters
Indian Farmers Fertiliser Cooperative Limited (IFFCO) is the world's largest fertilizer manufacturer & marketer in cooperative sector. It was incorporated on 3rd November, 1967 and since then is committed to achieve its prime role of providing quality fertilisers and agricultural services to India's farming community. Over the years, the cooperative society has evolved into a gigantic Indian Multinational and set records for excellent and consistent performance in the filed of production, marketing and services to farmers. As a society "of the farmers, by the farmers and for the farmers", IFFCO has firmly established itself as a true Cooperative and perfect role model for others to emulate on the path of economic development.
IFFCO has steadily grown from strength to strength-from a modest membership of 57 societies in 1967-68 to more than 40,000 societies at present. The initial equity capital of Rs.6 lakh contributed by cooperatives in 1967-68 has also risen to Rs. 4.23 Million in 2007-08. Having the Largest Market share of Fertilisers Production in India with 25% in Complex Fertilsers and 20% in Urea it has also become the First Cooperative in India to set-up first ever Kisan SEZ (Special Economic Zone) at Nellore, Andhra Pradesh.
IFFCO holds 72.64% shareholding and its Associate M/s Indian Potash Ltd. holds 1.36% shareholding in ITGI.
Please visit their website for more information:
Foreign Promoters
TOKIO Marine Asia Pte. Ltd holds 26% shareholding in ITGI. TOKIO Marine Asia is a subsidiary company of Millea Holding Inc Japan; a holding company for Tokio Marine & Nichido Fire (TMNF) Insurance Company.
TOKIO Marine Asia has non life operations in 9 Asian countries
Tokio Marine & Nichido Fire Insurance Company has over 120 years of experience in the general insurance business and is the largest and oldest general insurance company of Japan. It is a member of the highly diversified Mitsubishi group comprising over 1,500 companies.
The company is rated 'AA' (indicating strong financial security characteristics) by international rating agency Standard & Poor's.
Tokio Marine has been continuously serving as one of the important reinsurance companies to the nationalized Indian insurance market. TMNF has also been chosen as Asia’s General Insurance Company of the year by Asia Insurance Review in December 2008.
