Question
Download Solution PDFIFFCO (Indian Farmers Fertilizer Cooperative Ltd.) has expanded globally through strategic acquisitions and joint ventures. In which of the following countries does IFFCO operate?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is All of the above
In News
- IFFCO has expanded its global footprint through strategic partnerships and acquisitions.
Key Points
- IFFCO operates in Brazil, Canada, Australia, and Senegal through joint ventures and subsidiaries.
- In Canada, IFFCO owns a majority stake in Canada's Farmers Fertilizer Ltd..
- In Australia, IFFCO has a joint venture with Wesfarmers Chemicals.
- In Senegal, IFFCO established Indorama Senegal Fertilizer Company.
- In Brazil, IFFCO collaborates with local firms for fertilizer distribution.
Additional Information
- IFFCO's Global Presence:
- Also operates in the UAE, Oman, and Jordan through subsidiaries.
- Domestic Operations:
- India's largest fertilizer cooperative, headquartered in New Delhi.
- Key products: Urea, NPK fertilizers, and organic farming solutions.
- Recent Initiatives:
- Launched Nano Urea to reduce dependency on conventional urea.
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