More than 1,200 cooperative members from the country and invited guests from overseas gathered at Kalol near Ahemdabad which houses urea unit.
IFFCO, the world's largest fertiliser cooperative, has five plants in India and three overseas. During last fiscal, the cooperative posted a turnover of Rs 22,500 crore, while produced 85 lakh tonnes and sold 110 lakh tonnes of fertilisers.
In his letter to IFFCO's MD U S Awasthi on its golden jubilee year, Prime Minister Narendra Modi acknowledged IFFCOs contribution towards the growth of cooperative sector in the country.
IFFCO started its journey in 1967 with 57 cooperatives and now has over 36,000 cooperatives under its umbrella.
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On this occasion, IFFCO also conferred the annual Sahakarita awards to honour the eminent co-operators for their contribution to the growing and evolving Indian cooperative movement.
Jyotindrabhai M Mehta was presented the Sahakarita Ratna Award and Ramesh Vaidya was presented with the Sahakarita Bandhu Award.
Guest from Fertiliser Association of India (FAI), International Fertiliser Association (IFA), International Cooperative Alliance (ICA) and eminent personalities like Kenichi Ayukawa, Managing Director Maruti Suzuki India Limited, Eisuke Shiozaki, Chairman & Managing Director, Mitsubishi Corporation India, Tsuyoshi Nagano, President & Group CEO, Tokio Marine Holdings and Ariel Guarco (ICA) were also present during the Golden Jubilee celebrations.
IFFCO is truly an organization of the farmers, by the farmers and for the farmers, he added.
On its 50th year, it conducted training programmes for farmers at 125 locations across the country.
"We have initiated a 24x7 call-centre that caters to Indias varied farming groups in 12 Indian languages, eliminating the language barrier for their free communication," the IFFCO managing director said.
It has also initiated rural health program in collaboration with a Start Up called Gramin Health to ensure that health, wealth, and education for farmers and their families.
Apart from its core fertiliser business, IFFCO is engaged in general insurance to rural telecom and rural retail businesses.