
IFFCO is the leading player in the Indian fertiliser industry. It represents over 40,000 farmer co-operatives which equate to over 50,000,000 individual farmers and their families. IFFCO supplies the necessary IFFCO branded products to the marketplace to increase food grain production. They are a highly trusted name throughout all Indian States.
In July 2008 a principal off-take agreement was signed between Legend and IFFCO. Based on favourable market conditions Legend will supply, and IFFCO purchase, up to 4Mtpa of phosphate rock and an additional 1Mtpa for IFFCO to market to other potential customers. IFFCO also has 15.2% stake in the Legend business.
A direct dialogue exists between IFFCO and the Indian Government. In April 2009, alongside IFFCO Managing Director and Legend Board Member Dr. U.S. Awasthi, the Secretary to the Government of India (Ministry of Fertilisers) visited the Legend project and associated facilities. The Indian Government subsidise the production of fertilisers to ensure the nation's famers have the necessary agricultural means to support their families and the developing Indian economy.
Legend aims to be an integral part of India's development economic and agricultural development through the provision of phosphate fertiliser products.
Mr Atul Chaturvedi, Secretary to the Government of India, Department of Fertilisers; Dr U.S. Awasthi, Managing Director of IFFCO; Mr Joseph Gutnick, President & CEO in Melbourne.
For more information please visit: www.iffco.nic.in
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