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Key AspectDetails
EventAmul and IFFCO secure 1st and 2nd ranks globally in ICA World Cooperative Monitor 2025 report.
Report Released byInternational Cooperative Alliance (ICA) and European Research Institute on Cooperative and Social Enterprises (EURICSE), marking the UN International Year of Cooperatives.
Report HighlightsTop 300 cooperatives with a combined turnover of USD 2.79 trillion in 2023. Focus on agriculture, finance, health, energy, and education.
Key Ranking MetricBy turnover relative to GDP per capita, Amul (1st) and IFFCO (2nd) top the global list.
SignificanceHighlights the strength of cooperatives in emerging economies and India's cooperative sector's role in economic growth.
About AmulEstablished in 1946 in Anand, Gujarat. Annual turnover of USD 7.3 billion (2023-24). Founded by Tribhuvandas Patel with support from Morarji Desai and Sardar Vallabhbhai Patel.
About IFFCOFounded in 1967, headquartered in New Delhi. Operates with 35,000 member cooperatives, reaching 50 million farmers across India.
Event ContextRanking recognized during the ICA CM50 Conference held in Doha, Qatar.

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