News: Union Minister of Cooperation has congratulated Amul and Indian Farmers Fertiliser Cooperative Limited (IFFCO) for occupying the first two ranks among the top ten cooperatives in the world.
About World Cooperative Monitor (WCM) Report 2025
- It is the 13th edition of a comprehensive global study on cooperatives and mutual enterprises.
- Released by: International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (EURICSE)
- It offers the most comprehensive overview of the global cooperative and mutual sector, highlighting how cooperatives contribute to sustainable, inclusive, and resilient economies worldwide.
- The Report aligns with the United Nations International Year of Cooperatives-2025 (IYC-2025).
- Key Findings
- The Top 300 cooperatives achieved a combined turnover of USD 2.79 trillion in 2023.
- The agriculture (35.7%) and insurance (31.7%) sectors dominate the rankings by turnover, followed by wholesale and retail trade (18%).
- 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.
About AMUL
About IFFCO
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