Asia's Largest Marketing Co-operative

Mission

 

 

Punjab Markfed's Distributor Network

MARKFED is an Apex Cooperative Marketing Federation which ensures timely supply of quality agricultural inputs to farmers and also acts as an agency of the State for procurement of food grains.
It is India's largest Cooperative with an annual turnover of Rs. 4850.00 crores.It has 116 Cooperative Marketing Societies and 2883 Primary Cooperative Agricultural Service Societies as its members.
Total business of Markfed has increased by about Rs. 700 crores during 1997-2000.MARKFED has initiated steps to install a new sugar mill at Malout with an estimated investment of about Rs. 40 crores. The capacity of the mill is 1750 TCD.

 

Introduction

  • Markfed began it's operations in 1954 with 13 members and a share capital of 6,000 USD. Today, it has grown to become the largest marketing co-operative in Asia with an annual business turnover of over 1.1 billion USD with nearly 4,000 employees and 12 industrial units.

  • At present, about 3,000 co-operative societies are it's members. Markfed has emerged as a very solid and stable organisation committed to the service of the farmer community of the State of Punjab.

  • Markfed has been awarded National Productivity Awards in various fields like co-operative marketing activities, food processing, cattlefeed production etc., to name a few.

  • Several innovative incentive schemes have been introduced for the benefit of the farmers and the member co-operative societies. Markfed has also introduced an insurance scheme which provides compensation in case of accidental death or permanent disablement of its farmer members.

  • Markfed contributes to research & development through the Punjab Agricultural University, Ludhiana (Punjab). It also sponsors the weather forecast on India's National TV channel telecast for the benefit of the farmers.

  • Markfed has been regularly distributing its profits as dividend to its members, contributing to co-operative development and the common food fund. A fair amount is also re-invested in the setting up of new projects, modernisation and diversification of existing plants.

  • Markfed is also looking for collaboration, technical know-how, high-tech processes, joint ventures, domestic and export oriented units with buy-back arrangements in the international market in all associated fields of interest.

Asia's Largest Marketing Co-operative

headquarters.jpg       

Punjab Markfed is a marketing federation of over three thousand societies representing the interests of over a million farmers in the State of Punjab, (India).
With a turnover of over 1.1 billion USD, Markfed has won recognition and many awards from the Government of India in various fields of excellence.


Markfed provides innumerable services to the average farmer in terms of

  • procurement, storage, processing and marketing of agricultural produce

  • acting as a price support agency in the field of foodgrains, oilseeds, and other farm produce

  • commercial trading of wheat, paddy and cotton

  • formulation of high quality agrochemicals

  • soil and water sample testing through mobile laboratories for optimum use of fertilizers to increase farm productivity

  • processing and marketing of high quality edible products like

    • sugar

    • basmati rice

    • canned products

    • refined oils (groundnut, cottonseed, sunflower and mustard)

    • hydrogenated oil vanaspati

    in domestic and international markets

In its movement to emerge as a true business to business Internet enabled organisation, Markfed has its factories, offices, storage godowns and district level centers interconnected through a network of wireless and advanced satellite communication systems. The main factors contributing to Markfed's progress have been its co-operative structure, government support, progressive policies and dedicated personnel.

Contact Information

Telephone
Phone PBX : (91)-(172)-660095-97, 660161-65, 660081, 609470, 605502
FAX
Fax : (91)-(172)-609471, Telegram: Markfed, Telex: 395-7213 MFED-IN
Postal address
THE PUNJAB STATE CO-OPERATIVE SUPPLY
AND MARKETING FEDERATION LTD.
Markfed House, Sector 35-B,
Chandigarh, Pin Code: 160 035, INDIA.
Emailclr.gif (5807 bytes) General Information: customerservice@sohnapunjab.com

TOP

home.gif (1308 bytes)Home * ExportProducts-Marketing * Finance - Revenue Figures * Trading *