Context:

The World Cooperative Monitor 2025 was recentlypublished by the International Cooperative Alliance (ICA) with the help of the European Research Institute on Cooperative and Social Enterprises (EURICSE). India's Amul and the Indian Farmers Fertiliser Cooperative Limited (IFFCO) have secured the first and second ranks globally by turnover relative to GDP per capita.

Key Finding:

• • The Top 300 cooperatives achieved a combined turnover of US$ 2.79 trillion in 2023.
  • The leading organisations by turnover include Groupe Crédit Agricole [France], State Farm [USA], and REWE Group [Germany].
  • The leading organisations by turnover include Groupe Crédit Agricole [France], State Farm [USA], and REWE Group [Germany].
  • By turnover relative to GDP per capita, India’s Amul and IFFCO top the global list, highlighting the strength of cooperatives in emerging economies.
  • Europe and the Americas account for the majority of the Top 300, but representation from Asia-Pacific and Africa continues to grow.

India context:

1. Amul

• • • Headquartered in Gujarat, topped the list based on GDP per capita performance.
    • Annual turnover: USD 7.3 billion (₹60,000 crore) in 2023–24.
    • Daily milk procurement: 35 million litres from 18,600 village milk cooperatives across 33 districts

2. IFFCO

• • • India’s largest fertiliser cooperative secured second place globally.
    • Founded in 1967, headquartered in New Delhi
    • Network: 35,000 member cooperatives, reaching over 50 million farmers

Significance of the Achievement:

• • • Global Recognition: This achievement highlights India’s cooperative sector as a global model for rural empowerment, self-reliance, and economic inclusion.
    • Women Empowerment: Amul’s success is attributed to the tireless dedication of millions of women dairy farmers, ensuring financial independence and socio-economic upliftment.
    • Agricultural Support: IFFCO’s ranking reflects its role in supporting millions of farmers with affordable fertilisers and cooperative governance, promoting sustainable agriculture.

Conclusion:

The World Cooperative Monitor 2025 provides a timely and rigorous stock‑taking of the cooperative movement’s global footprint. For India, the success of Amul and IFFCO showcases the potential of the cooperative model in driving inclusive growth. Moving forward, policy actions that institutionalize, modernize and scale the cooperative model will be key to leveraging this potential for broader national development.