Choose the right path for your business by consulting our business incorporation experts. Take your first step today.
Farmer Producer Company (FPC) or Farmer Producer Organization (FPO) is an organization that aims to empower small and marginal scale farmers, agriculturists, fishermen, weavers, milk producers, and people engaged in farming activities, collectively known as Producers.
The main objective of the Farmer Producer Company is to ensure better income and improved living for the producers through an organization of their own as the small and marginal producers do not have the capacity of inputs to get the advantages of agricultural produce on large scale. Also, in agricultural marketing, there is a long chain of intermediaries, through which the producers get only a small amount of the value that the ultimate consumer pays. But through the Farmer Producer Company, the producers have better bargaining power, bulk buyers of the produce, and bulk suppliers of inputs. Therefore, a Producer Company engages primarily with agriculture and post-harvest processing activities on a larger scale.
Farmer Producer Company is introduced in India under the Companies Act, 2013, which has the aim of production, harvesting, procurement, grading, pooling, trading, cultivation, marketing, selling, and export of primary produce of the Members or import of goods or services for their profit. Here, produce are things that have been produced or grown by farming and allied activities.
We are registering and managing Farmer Producer Company/organization in India and manages hundreds of companies across India.