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HomeStart A Business PRODUCER COMPANY
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PRODUCER COMPANY

A producer company is a hybrid between a private limited company and a cooperative society which works on the principles of mutual assistance, limited return, patronage and patronage bonus. It is a Body Corporate which is formed by 10 or more individuals being ‘producers’ or 2 or more Producer Institutions or a combination of above which aims to improve the incomes, profitability, and the standard of  living of a group of farmers and agriculturists.

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  • Description
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The agricultural industry is the backbone of the Indian economy and a vast majority of the Indian Population depends on agricultural activities for their livelihood. The Farmers in India struggle to get their share of profit and to maintain a decent standard of living. Keeping this in mind, The Government of India has introduced the concept of Producer companies to uplift the conditions of Producers.

A Producer Company combines the goodness of a cooperative enterprise and the vibrancy and efficiency of a company. It accommodates the unique elements of cooperative business with a regulatory framework similar to that of a private limited company

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