About Rashtriya Chemicals & Fertilizers Ltd
Founded in 1978, RCF has been serving the agricultural sector for many decades. The company has its headquarters in Mumbai, Maharashtra. Being a public sector undertaking (PSU), the Government of India is the primary promoter of the company. The promoter shareholding of the company stands at 75%, which is entirely held by the Government of India.
RCF's main products include Complex Fertilizers (NPK), Urea, Suphala 15:15:15, and Micronutrients. It also produces various industrial chemicals like Concentrated Nitric Acid, Methanol, and Ammonium Bicarbonate. RCF is a significant player in the fertilizer sector. However, it is not the #1 company in terms of market capitalization in its sector.
The registered office of Rashtriya Chemicals & Fertilizers Ltd. is located at "Priyadarshini," Eastern Express Highway, Sion, Mumbai - 400022, Maharashtra. Its registrar & share transfer agent is Link Intime India Private Limited.
The crucial managerial promoters of the company include:
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S C Mudgerikar
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Gopinathan Nair Anilkumar
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Nazhat J Shaikh
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Ritu Goswami
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Aneeta C Meshram
The company operates two major manufacturing facilities. The first one is at Trombay (Mumbai), and another one is at Thal (Raigad), Maharashtra. RCF plays a crucial role in ensuring fertilizer security for the country. The company contributes significantly to India's agricultural productivity.
Impact of the Company
Rashtriya Chemicals & Fertilizers Ltd. (RCF) is a leading entity in India's fertilizer sector. It has played a pivotal role in the nation's agricultural development and food security. The company's impact extends beyond just manufacturing fertilizers, encompassing agricultural sustainability, economic development, and social welfare, particularly in rural India.Agricultural Impact
RCF has been instrumental in supporting India's agricultural sector. This is accomplished through a consistent supply of essential fertilizers. The company has an extensive distribution network. Thus, RCF ensures that farmers across the country have access to quality fertilizers at reasonable prices. It produces crucial fertilizers like Urea and Complex Fertilizers (NPK). These products have helped improve crop yields and soil health across various agricultural regions. This has directly contributed to India's journey towards food self-sufficiency and agricultural productivity.
Economic Contribution
As a state-owned enterprise, RCF makes significant contributions to the national economy. The company's operations generate substantial revenue for the government through taxes and dividends. Its manufacturing facilities in Trombay and Thal provide direct employment to thousands of people. Also, this creates indirect employment opportunities through its supply chain and distribution network. The company's focus on indigenous production helps reduce the country's dependence on fertilizer imports, thereby saving valuable foreign exchange.
Environmental and Sustainability Initiatives
RCF has demonstrated a commitment to environmental sustainability through various initiatives. The company has implemented energy-efficient technologies in its manufacturing processes. It has also focused on reducing its carbon footprint. They even produce eco-friendly fertilizers and promote balanced fertilization practices. As a whole, these environmental initiatives help in maintaining soil health and environmental sustainability.
Research and Development
The company's investment in research and development has led to innovations in fertilizer technology and agricultural practices. RCF's technical expertise has helped develop new fertilizer formulations suited to different soil types and crops. This has further contributed to the advancement of agricultural science and farming practices in India.
Social Impact
Being a PSU, RCF fulfills important social responsibilities. The company implements various corporate social responsibility (CSR) programs. These programs focus on healthcare, education, and rural development. The company's presence in Maharashtra has contributed to the region's industrial development and social infrastructure. RCF also plays a crucial role in implementing government schemes related to fertilizer subsidies and agricultural development.
Market Stabilization
As a government-owned entity, RCF helps stabilize the fertilizer market by ensuring consistent supply and reasonable pricing. This is particularly important given the essential nature of fertilizers in agriculture and their impact on food prices. The company's presence helps prevent market manipulation and ensures fair competition in the sector.
Industrial Chemical Production
Beyond agriculture, RCF's production of industrial chemicals like Methanol and Concentrated Nitric Acid supports various manufacturing industries. This diversification helps in the overall industrial development of the country. Also, this creates value addition in the chemical sector.
Knowledge Dissemination
The company actively engages in farmer education programs and agricultural extension services. Through these initiatives, RCF helps disseminate knowledge about modern farming practices, and eco-friendly agriculture methods to farming communities.
RCF's impact on Indian agriculture and economy has been multifaceted and substantial. As a strategic PSU, it continues to play a crucial role in ensuring fertilizer security, supporting agricultural growth, and contributing to rural development. This makes it an important institution in India's agricultural and industrial landscape. RCF continually focuses on innovation and providing better products. This positions it well to meet these future challenges while contributing to the nation's agricultural and economic growth.
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