KRISHAK BHARATI COOPERATIVE LIMITED-WORLD'S PREMIERE FERTILIZER PRODUCING COOPERATIVE
KRISHAK BHARATI COOPERATIVE LIMITED-WORLD'S PREMIERE FERTILIZER PRODUCING COOPERATIVE
Profile
Krishak Bharati Cooperative Ltd. (KRIBHCO) is a Multi-state Cooperative Society registered under the Multi-State Cooperative Societies (MSCS) Act, 2002 (39 of 2002) and is a fertilizer production unit in the Cooperative Sector and as per item 5 of Schedule II to Rule 3 of the Government of India (Allocation of Business) Rules is under the administrative responsibility of the Department of Fertilizers. KRIBHCO is primarily a fertilizer production cooperative having production unit at Hazira (Surat) in the state of Gujarat. The capacity of the plant is being revamped to produce additional 4.65 Lakh MT of Urea.The total Urea production capacity shall be 21.65 Lakh MT of Urea after revamp.
KRIBHCO had also entered into Logistics Business, Oman India Fertilizer Complex (OMIFCO), Diversification into Power Sector, Insurance Sector etc. OMIFCO is the first overseas JV project of the company in which KRIBHCO holds 25 % equity. Besides, KRIBHCO has also made realignment in its corporate strategy and internal operations revamping to meet the challenges in the liberalized/globalized economy. Illustration for this is turn-around of loss making Krishak Bharati Seva Kendra (KBSKs) and Seed Processing Units (SPUs) into profit centers.
Marketing Division of the society, besides marketing about 18.00 Lakhs MT of urea produced annually at our plant in HAZIRA since commencement of production in 1986, is also handling and marketing about 10.00 Lakhs MT of Urea produced by OMIFCO ( KRIBHCO is one of the promoter of the company) annually since 2005-06. In 2006, KRIBHCO also acquired Sahajanpur Fertiliser Complex through its joint venture company KSFL (KRIBHCO holds 85% of the share in the JV), and about 10.00 Lakhs MT of urea produced annually by this plant is being marketed by KRIBHCO since 2006. At present KRIBHCO is marketing about 38.00 Lakhs MT of urea annually which is about 14% of the total urea consumption of the country. The marketing division of the society is fully geared up to market the likely additional quantities of about 5.00 Lakhs MT of urea from next year after revamp of our plant at HAZIRA.
The operation of fertilizer industry particularly indigenous manufacturers changed significantly on implementation of NPS-stage –III policy and implementation of NBS (from 01-04-2010). In Light of conducive and stable policy frame work, KRIBHCO is perusing import and marketing of other fertiliser material like DAP and MOP. The Society plans to import and market about 4.00 Lakhs MT of DAP during 2010-11. Society is planning to increase import of DAP and MOP to about 9.00 Lakhs MT annually in next 3 years.
Keeping in view importance of the Quality Seeds in enhancing the agricultural production, KRIBHCO initiated Seed Multiplication Programme in the year 1990-91 to provide quality seeds of the crops and varieties of Public Hybrid (Public Varieties) to the farmers through KBSK’s in the State of UP, Punjab and Haryana. Encouraging response of farmers towards KRIBHCO Seed has prompted the Society to expand its activities in 6 States and have 14 production units. The Society stepped up production programme from 2926 Qtls. in 1991-92 to 2.29 lakh Qtls. in 2009-10. KRIBHCO has plan to almost double the certified seed production and marketing in next 3-5 years.
To promote the organic agriculture in the country, Government has initiated several initiatives like promotion of use of bio-fertilisers, bio-compost etc. KRIBHCO has been promoting the use of bio-fertilisers since many years. The society has three units to manufacture bio-fertilisers at Hazira (Gujarat), Varanasi (Uttar Pradesh) and Lanjha (Maharashtra). All four popular bio-fertilisers i.e Rhizobium, Azotobactor, Azossprillium and Phosphate Soluable are produced and marketed by KRIBHCO. The Society has plans to sell around 1000 MT of bio-fertilisers during 2010-2011, which is likely to increase to about 1200 MT in next 3-5 years.
Organic Agriculture has emerged as a feasible option to concern relating to land degradations. As per the GOI directives, all fertiliser suppliers are expected to promote the use of Bio-Compost by involving actively in the marketing of the product. KRIBHCO has sufficient human resources and credible brand image to market Bio-compost. This will also help the society to generate additional margins. During the year 2010-2011 we plans to market about 19,000 MT of bio-compost which is expected to increase to about 50,000 MT in next 3 years.
In a nut shell KRIBHCO, world’s premier fertilizer producing cooperative has an outstanding track record to its credit in all spheres of its activities. KRIBHCO has fully imbibed the cooperative philosophy and has made sustained efforts towards promoting the cause of modern agriculture and cooperatives in the country. Kribhco stands for commitment sincerity and high standards of excellence. In our endeavor towards achieving our goals we are impelled by the ideals set by our predecessors and the devotion and dedication of our employees.
VisionTo become a world class organization that represents the farmer community and maximizes their returns through specialization in agricultural inputs, rural need based products and other diversified businesses that maximize stakeholders value.
To act as a catalyst to agricultural and rural development by selecting, financing and managing projects that are bothsocially desirable and commercially profitable.