Improving Performance Analysis of Indian Farmers Fertilizers Co-operative Limited (IFFCO) through Technology Management

Improving Performance Analysis of Indian Farmers Fertilizers Co-operative Limited (IFFCO) through Technology Management

Guide’s Name: Dr. Bijal Shah (Assistant Professor) (MBA)Parul institute of

Management and Research,

Authors Name:  Leena Avghate (Student) (MBA) Parul institute of

Management and Research,

Authors Name:  Riya Dixit (Student) (MBA) Parul institute of Management and Research,

Abstract:

In today’s financial world, financial performance is a very familiar and very important word for owners, management, lenders and general investor’s point of view. So, in any organization, all important strategic decisions must be made on the financial performance of a company. Thus, it is a base for making any decision in effective manner. Today, in India, Indian Farmers Fertilizers Co-operative limited (IFFCO) is a pioneer in fertilizer industry and is contributing substantially to the efforts of Government for enhancing production of food grain in India. In recent years, IFFCO has marked its presence as a leader in the area of production and marketing of fertilizers with a main focus on sustaining self-sufficiency in food grain production and is contributing its share of improving economy of agriculture-based country. Financial Performance of a company is always linked with its technology management. It is very important for an organization to update its technology according to the need of the market. Being the pioneer in the field of fertilizer industry in India, it is necessary to evaluate the performance analysis of IFFCO Limited in view of its technology management, and this paper focuses on Performance Analysis of IFFCO and how it has been improved through managing well on the technology front.

Keywords: Agriculture, Fertilizer, IFFCO, Farmers, Financial Performance