INDIAN POTASH LIMITED

The saga of Indian Potash Limited began with the vision and hard work of few dedicated people in the early fifties. Prior to 1950, the use of Potash was sporadic, almost insignificant and demographically confined to few southern states. Potash was unknown to Indian farmers and by the dedicated field work there was acceptance of potash across India and its success story is considered one of the most remarkable sagas in annals of Indian fertilizer industry

In the light of the above, Indian Potash Limited was incorporated under Indian Companies Act with the objective of promoting balanced use of Potash. Indian Potash Limited has stood the test of time in spite of decontrol of Phosphatic and Potasic fertilizers in 1992. Without in any way diluting balanced fertiliser promotion, the company diversified into Dairy, Cattle Feed, Sugars and Rural Warehousing and has a plan to build a break bulk port in Southern Gujarat. Of course, the common thread that remains through all these activities-focus on farmers.

Having crossed sixty years from its incorporation the company marching towards achieving the goals set before and to help agrarian growth and farmers upliftment.

FERTILISERS

The saga of Indian Potash Limited began with the vision and hard work of few dedicated people in the early fifties. Prior to 1950, the use of Potash was sporadic, almost insignificant and demographically confined to few southern states. Potash was unknown to Indian farmers and by the dedicated field work there was acceptance of potash across India and its success story is considered one of the most remarkable sagas in annals of Indian fertilizer industry.

In the light of the above, Indian Potash Limited was incorporated under Indian Companies Act with the objective of promoting balanced use of Potash. Indian Potash Limited has stood the test of time in spite of decontrol of Phosphatic and Potasic fertilizers in 1992. Without in any way diluting balanced fertiliser promotion, the company diversified into Dairy, Cattle Feed, Sugars and Rural Warehousing and has a plan to build a break bulk port in Southern Gujarat. Of course, the common thread that remains through all these activities-focus on farmers.

Having crossed sixty years from its incorporation the company marching towards achieving the goals set before and to help agrarian growth and farmers upliftment.

FEEDS

IPL is supplying all fertilisers throughout the year in all the states and ensures availability of fertilisers in every nook and corner of the country. As part of strengthening our relationship with the farmers and to improve the connectivity in rural areas, we started production and marketing of cattle feed in northern & southern parts of the country. In this process, we commenced our production and distribution of feeds from two plants - one at Sikandrabad (Utter Pradesh) and another at Renugunta (Andhra Pradesh) to meet the requirement of states in northern and southern India.

IPL cattle feeds improve the milk capacity and help in healthier calving. As farmers seek to counter the problems inherent in agriculture and augment their livelihood with rearing of livestock, IPL has seized the opportunity and is thus extending support to them in furthering their prosperity.

DAIRY

With the state of art processing plant IPL has the capacity to procure and process around 7 lakhs litres of milk per day with few dairy products.

SUGAR

“With a view to maintain the growth momentum both in respect of revenue and profit , it is absolutely essential to very actively consider expansion of activities and also explore diversification options.

In the backdrop of above objective, IPL had in the year 2010 acquired/ purchased five very old sugar factories from U.P. Government through Open / Transparent Tender Process with the overall capacity of app. 9700 TCD. IPL had since revived all the facilities by changing the obsolete technology / equipments and has made these to work at optimal levels. As IPL envisages a bright future for sugar industry and also replacement cost for setting up a green field sugar project on a higher side and on a referral from market, It has since acquired Titawi Sugar Complex, a unit at State of UP on a going concern basis as a slump sale. Moreover, TSC has an impressive cane area where extensive work has been done to develop better quality of sugar cane with higher yield and improved recoveries.”

PRECIOUS METALS

Aiming to tap the expanding semi-urban and rural market, IPL, in collaboration with state-owned trading firm MMTC launched its jewellery showroom, "IPL Swarnalaya" in New Delhi. The showroom would deal in jewellery, medallions and MMTC''s silver jewellery brand, "Sanchi".

Medium and small investors, especially in small cities and villages, are confused about safe and assured investment options. Since investment in gold and silver have always been considered safe and offers assured returns, the plans are to expand its reach into these areas.

The purchasing power of farmers has increased considerably in the last three to four years on the back of good harvest that has led to an increase in demand for high value items like gold and silver. IPL plans to utilise its large fertiliser dealer base to help MMTC expand into the smaller cities and villages to sell the latter's quality gold and silver items.