Listing of top 300 co-ops: India cuts a sorry figure

Indian cooperators including ministers constantly claim ad nauseam that they represent the strongest cooperative movement in the world but a mere two of their cooperatives have figured in the global list of top 300 co-operatives put out recently.

India claims to have 25 crore people connected to cooperatives in some form or other. The country also boats nearly 6.5 lakh cooperative societies but barring IFFCO not one of them has been able to exercise influence at the global level.

Thanks to IFFCO and Markfed (Andhra Pradesh), India has managed to gain a foothold in the world cooperative community. However, some Indian co-operatives have not figured in the list because they are not members of ICA. Amul may be the case in point. This seems to indicate anomalies in the ranking report.

Among the top five co-ops three belong to France and two to Japan. The first three are Crédit Agricole Group of France having a revenue of $103.58 bn and Groupe Caisse D’Epargneg again from France with $ 58.54bn. The third is from Japan named Zen-Noh (National Federation of Agricultural Co-operatives) having a revenue of $ 56.99 bn.

The list shows IFFCO standing at 197th rank having a revenue of $1.52 bn. Another Indian presence in the list is that of Markfed which stands almost at the bottom occupying 291th position with a revenue of $0.71 bn.

The list is given below

RANK NAME COUNTRY SECTOR REVENUE ($BN)
1 Crédit Agricole Group France Banking / Credit Unions 103.58
2 Groupe Caisse D’Epargne France Banking / Credit Unions 58.54
3 Zen-Noh (National Federation of Agricultural Co-operatives) Japan Agriculture / Forestry 56.99
4 Confédération Nationale du Crédit Mutuel France Banking / Credit Unions 56.69
5 Zenkyoren Japan Agriculture / Forestry 52.33
6 ReWe Group (Zentral-AktiengesellschaFU) Germany Consumer / Retail 49.60
7 E. Leclerc (S.C. Galec) France Consumer / Retail 48.30
8 Rabobank Group Netherlands Banking / Credit Unions 43.00
9 National Agricultural Cooperative Federation (NACF) Korea Agriculture / Forestry 32.39
10 CHS Inc United States Agriculture / Forestry 32.17
11 DZ Bank Group Germany Banking / Credit Unions 30.76
12 Groupe Banques Populaires France Banking / Credit Unions 29.39
13 Eureko Netherlands Insurance 28.39
14 Nationwide Mutual Insurance Company United States Insurance 26.42
15 Système U France Consumer / Retail 24.95
16 Migros Switzerland Consumer / Retail 24.12
17 Mondragon Corporation Spain Workers / Industrial 23.34
18 Edeka Zentrale AG Germany Consumer / Retail 22.21
19 Groupama France Insurance 21.72
20 Covea France Agriculture / Forestry 17.74
21 Coop Swiss Switzerland Consumer / Retail 17.12
22 The Co-operative Group United Kingdom Consumer / Retail 15.25
23 Nationwide Building Society United Kingdom Banking / Credit Unions 14.88
24 RZB Austria Banking / Credit Unions 14.83
25 R+V Versicherung AG Germany Insurance 13.90
26 Royal Friesland Campina Netherlands Other 13.16
27 SOK Corporation Finland Consumer / Retail 12.41
28 VGZ-IZA-Trias Netherlands Health 12.30
29 BayWa Group Germany Agriculture / Forestry 12.24
30 Land O’Lakes United States Agriculture / Forestry 12.04
31 Dairy Farmers of America United States Agriculture / Forestry 11.82
32 Debeka Group Germany Insurance 11.46
33 Fonterra Co-operative Group New Zealand Agriculture / Forestry 11.34
34 John Lewis Partnership PLC United Kingdom Consumer / Retail 10.18
35 Arla Foods Denmark Agriculture / Forestry 9.25
36 Desjardins Group Canada Banking / Credit Unions 8.98
37 Metsäliitto Finland Agriculture / Forestry 8.96
38 Danish Crown Denmark Agriculture / Forestry 8.78
39 Edeka Minden eG Germany Consumer / Retail 8.74
40 Wakefern Food Corp. United States Consumer / Retail 8.40
41 AGRAVIS Raiffeisen AG Germany Agriculture / Forestry 8.09
42 Suedzucker Germany Agriculture / Forestry 8.05
43 La Mondiale Groupe France Insurance 8.00
44 China National Agricultural Means of Production Group Corporation China Agriculture / Forestry 7.77
45 OP Bank Group Finland Banking / Credit Unions 7.64
46 Invivo France Agriculture / Forestry 7.35
47 CZ Netherlands Health 7.34
48 MACIF France Insurance 7.32
49 SNS REAAL Netherlands Banking / Credit Unions 7.17
50 HUK Coburg Germany Insurance 7.08
51 DLG Group Denmark Agriculture / Forestry 7.03
52 Federated Co-operatives Limited Canada Consumer / Retail 6.86
53 Associated Wholesale Grocers United States Consumer / Retail 6.85
54 Growmark Inc United States Agriculture / Forestry 6.73
55 Signal Iduna Germany Insurance 6.34
56 Zenrosai Japan Insurance 5.95
57 Gothaer Germany Insurance 5.71
58 Lantmännen Sweden Agriculture / Forestry 5.44
59 Royal London Mutual Insurance Society United Kingdom Insurance 5.43
60 Coopératif Terrena Group France Agriculture / Forestry 5.43
61 Fenaco Switzerland Agriculture / Forestry 5.42
62 Shinkin Central Bank Japan Banking / Credit Unions 5.34
63 Cattolica Assicurazioni Italy Insurance 5.32
64 Tereos France Agriculture / Forestry 5.31
65 WGZ Bank Germany Banking / Credit Unions 5.20
66 Ethias Belgium Insurance 5.05
67 Cooppérative d’Exploitation et de Répartition Pharmacieutiques de Rouens France Consumer / Retail 4.89
68 Ilmarinen Finland Insurance 4.80
69 Federal Farm Credit Banks Funding Corporation United States Banking / Credit Unions 4.70
70 KF Group ( The Swedish Co-operative Union) Sweden Consumer / Retail 4.55
71 Groupe Chèque Déjeuner France Consumer / Retail 4.50
72 Ag Processing Inc. United States Agriculture / Forestry 4.29
73 Länsförsäkringar Sweden Insurance 4.26
74 AgriBank, FCB United States Banking / Credit Unions 4.22
75 Alte Leipziger Hallesche Germany Insurance 4.15
76 Swiss Union of Raiffeisen Banks Switzerland Banking / Credit Unions 4.12
77 Unified Grocers United States Agriculture / Forestry 4.10
78 MAIF Group France Insurance 4.07
79 Erie Insurance Group United States Insurance 4.05
80 American National P&C Group United States Insurance 3.93
81 KLP Insurance Norway Insurance 3.90
82 Ace Hardware United States Consumer / Retail 3.86
83 Sodiaal union France Agriculture / Forestry 3.82
84 Thrivent Financial Lutherans United States Insurance 3.81
85 LVM Versicherung Germany Insurance 3.74
86 AG2R-ISICA United States Insurance 3.68
87 Nordmilch Germany Agriculture / Forestry 3.51
88 Unicoop Firenze Italy Consumer / Retail 3.43
89 Noweda eG Apothekergenossenschaft Germany Consumer / Retail 3.42
90 Mutual of Omaha United States Insurance 3.42
91 Tapiola Group Finland Insurance 3.32
92 California Dairies Inc United States Agriculture / Forestry 3.31
93 Old Republic General Ins Group United States Insurance 3.26
94 Britannia Building Society United Kingdom Banking / Credit Unions 3.24
95 Die Continentale Germany Insurance 3.23
96 Farm Bureau Mutual Group United States Insurance 3.22
97 HAGe Kiel (RHG Nord) Germany Consumer / Retail 3.13
98 Glanbia Ireland Agriculture / Forestry 3.11
99 VHV Versicherung Germany Insurance 3.09
100 Gjensidige Forsikring Norway Insurance 3.09
101 Co-op Kobe Japan Agriculture / Forestry 3.06
102 HealthPartners United States Health 3.03
103 RWZ Rhein-Main Germany Agriculture / Forestry 2.95
104 Coopérative Fédérée du Québec Canada Agriculture / Forestry 2.94
105 Ohio National Life Group United States Insurance 2.94
106 DEVK Versicherungen Germany Insurance 2.94
107 White Mountains Insurance Grp United States Insurance 2.94
108 Irish Dairy Board Co-operative Ltd Ireland Agriculture / Forestry 2.91
109 SMABTP France Insurance 2.87
110 PFA Pension Denmark Insurance 2.85
111 Gedex (Gedimat) France Workers / Industrial 2.84
112 FM Global Group United States Insurance 2.80
113 Cobank United States Banking / Credit Unions 2.77
114 Navy federal Credit Union (NFCU) United States Banking / Credit Unions 2.77
115 Group Health Cooperative Puget Sound United States Health 2.77
116 ReWe Dortmund eG Germany Consumer / Retail 2.74
117 Country Financial United States Insurance 2.73
118 Mercury General Group United States Insurance 2.73
119 Coopagri Bretagne France Agriculture / Forestry 2.72
120 The Co-operators Canada Insurance 2.69
121 Co-op Adriatica Italy Agriculture / Forestry 2.68
122 Agrial France Agriculture / Forestry 2.66
123 Mobiliar Switzerland Insurance 2.64
124 Co-op Sapporo Japan Agriculture / Forestry 2.63
125 Auto Club Enterprises Ins Grp United States Insurance 2.57
126 Valio Group Finland Agriculture / Forestry 2.57
127 Do-it-Best Corp United States Consumer / Retail 2.55
128 Champagne Cereales France Agriculture / Forestry 2.54
129 TINE BA Norway Agriculture / Forestry 2.53
130 Emmi Switzerland Agriculture / Forestry 2.52
131 Unitrin Inc United States Insurance 2.51
132 Associated Wholesalers, Inc. United States Consumer / Retail 2.50
133 The Greenery Netherlands Agriculture / Forestry 2.50
134 Coop Consorzio Nord Ovest Italy Other 2.48
135 Epis Centre (Axéréal) France Agriculture / Forestry 2.46
136 CUNA Mutual Group United States Insurance 2.46
137 Societa Reale Mutua di assicurazioni Italy Insurance 2.44
138 Taiwan Co-operative Bank Taiwan, China Banking / Credit Unions 2.43
139 Gilde Norway Agriculture / Forestry 2.40
140 Cooperl Hunaudaye France Agriculture / Forestry 2.37
141 Cosun Netherlands Agriculture / Forestry 2.35
142 California State Auto Group United States Insurance 2.35
143 Folksam Sweden Insurance 2.34
144 Agropur Canada Agriculture / Forestry 2.31
145 Old Mutual Financial Network United States Insurance 2.28
146 West Fleisch Germany Agriculture / Forestry 2.24
147 NFU Mutual United Kingdom Insurance 2.18
148 Consum Spain Consumer / Retail 2.17
149 Groupe Welcoop (ex-CERP Lorraine) France Consumer / Retail 2.15
150 PAC.2000 A. Italy Consumer / Retail 2.14
151 Sodra Skogsagarna Sweden Agriculture / Forestry 2.14
152 P&V Belgium Insurance 2.12
153 Southern States Cooperative United States Agriculture / Forestry 2.10
154 HOK Elanto Finland Consumer / Retail 2.07
155 National Cable Television Cooperative, Inc. United States Utilities 2.02
156 True Value Company United States Utilities 2.01
157 Ag First Farm Credit Bank United States Banking / Credit Unions 1.97
158 Tradeka Finland Consumer / Retail 1.97
159 Sperwer Netherlands Consumer / Retail 1.96
160 Tapiola Finland Banking / Credit Unions 1.95
161 PROMAFRANCE (Bigmat) France Workers / Industrial 1.95
162 NTUC Income Singapore Insurance 1.95
163 Co-op Schleswig Holstein Germany Agriculture / Forestry 1.93
164 Foodstuffs (Auckland) Limited New Zealand Consumer / Retail 1.91
165 Atria Group Finland Agriculture / Forestry 1.89
166 Groupe MACSF France Insurance 1.88
167 Cristal Union France Agriculture / Forestry 1.85
168 Murray Goulburn Co-operative Co Ltd Australia Agriculture / Forestry 1.84
169 Limagrain France Agriculture / Forestry 1.81
170 CECAB Group France Agriculture / Forestry 1.81
171 Selectour voyages France Consumer / Retail 1.81
172 Chelsea Building Society United Kingdom Banking / Credit Unions 1.81
173 Skipton Building Society United Kingdom Banking / Credit Unions 1.80
174 Coop Estense Italy Consumer / Retail 1.80
175 Groupe Euralis France Agriculture / Forestry 1.79
176 Kyoei Fire & Marine Insurance Co Ltd Japan Insurance 1.77
177 United Farmers of Alberta Canada Consumer / Retail 1.76
178 UNIPOL Italy Banking / Credit Unions 1.76
179 Azur GMF France Insurance 1.74
180 Associated Milk Producers Inc United States Agriculture / Forestry 1.73
181 Consorzio Cooperative Costruzioni Italy Workers / Industrial 1.70
182 Liverpool Victoria United Kingdom Insurance 1.70
183 Humana Milchunion Germany Agriculture / Forestry 1.67
184 Cehave Landbouwbelang Netherlands Agriculture / Forestry 1.66
185 Associated Food Stores Inc United States Consumer / Retail 1.63
186 SACMI Italy Workers / Industrial 1.63
187 Foremost Farms United States Agriculture / Forestry 1.62
188 Unicoop Tirreno Italy Consumer / Retail 1.62
189 U.S. AgBank, FCB United States Banking / Credit Unions 1.61
190 Groupe Even France Agriculture / Forestry 1.60
191 U.S. Central Credit Union United States Banking / Credit Unions 1.58
192 Conad del Tirreno Italy Consumer / Retail 1.56
193 Febelco Belgium Consumer / Retail 1.56
194 Prairie Farms Dairy, Incorporated United States Agriculture / Forestry 1.56
195 Groupe Intersport France Consumer / Retail 1.54
196 Plains Cotton Co-op Association United States Agriculture / Forestry 1.53
197 IFFCO- Indian Farmers Fertiliser Co-operative Limited India Agriculture / Forestry 1.52
198 Ocean Spray United States Agriculture / Forestry 1.50
199 Basin Electric Power Cooperative United States Utilities 1.50
200 Coop Lombardia Italy Consumer / Retail 1.47
201 MFA Incorporated United States Agriculture / Forestry 1.46
202 Recreational Equipment Inc United States Consumer / Retail 1.43
203 Central Grocers Cooperative Inc United States Consumer / Retail 1.43
204 Dairylea Cooperative Inc United States Agriculture / Forestry 1.39
205 Granlatte Italy Agriculture / Forestry 1.38
206 Novacoop Italy Consumer / Retail 1.37
207 Countrymark Cooperative Holding Corporation United States Agriculture / Forestry 1.33
208 Coop Atlantique France Consumer / Retail 1.32
209 United Suppliers, Inc. United States Agriculture / Forestry 1.31
210 Intres Netherlands Consumer / Retail 1.31
211 Midlands Co-operative Society United Kingdom Consumer / Retail 1.31
212 Coop Consumatori Nordest Italy Consumer / Retail 1.30
213 Seminole Electric Cooperative Inc. United States Utilities 1.29
214 Cooperateurs Normandie Picardie Point Coop Maxicoop Viking France Consumer / Retail 1.28
215 Agrifirm Netherlands Agriculture / Forestry 1.28
216 Foodstuffs Ltd. (South Island) New Zealand Consumer / Retail 1.27
217 Farm Credit Bank of Texas (FCBT) United States Banking / Credit Unions 1.27
218 Fairprice Singapore Consumer / Retail 1.26
219 Coop Atlantique France Consumer / Retail 1.25
220 Groupe Coopératif Maisadour France Agriculture / Forestry 1.25
221 Foodstuffs (Wellington) Co-operative Society Ltd New Zealand Consumer / Retail 1.24
222 Oglethorpe Power Corporation United States Utilities 1.24
223 American Crystal Sugar Co. United States Agriculture / Forestry 1.23
224 Agralys France Agriculture / Forestry 1.22
225 National Rural Utilities Cooperative Finance Corporation (CFC) United States Banking / Credit Unions 1.20
226 South Dakota Wheat Growers Association United States Agriculture / Forestry 1.19
227 Tri State Generation and Transmission Association Inc United States Utilities 1.16
228 Affiliated Foods Incorporated company United States Consumer / Retail 1.16
229 Affiliated Foods Midwest Co-op Inc. United States Consumer / Retail 1.15
230 PPCS Limited New Zealand Agriculture / Forestry 1.14
231 Groupe Coop Alsace France Consumer / Retail 1.13
232 Credit Cooperatif France Banking / Credit Unions 1.13
233 CAMST Italy Agriculture / Forestry 1.13
234 JCCU Japan Consumer / Retail 1.12
235 Maryland & Virginia Milk Production Co-operative Association United States Agriculture / Forestry 1.12
236 Manutencoop Italy Workers / Industrial 1.11
237 Cooperative finance corporation United States Agriculture / Forestry 1.11
238 Midcounties Co-operative United Kingdom Consumer / Retail 1.09
239 Brazos Electric Power Cooperative United States Utilities 1.09
240 Associated Electric Cooperative Inc. United States Utilities 1.08
241 Sunkist Growers United States Agriculture / Forestry 1.08
242 UNEAL Group France Agriculture / Forestry 1.07
243 Nordiconad Italy Consumer / Retail 1.07
244 Conad Romagna (Commercianti Indipendenti Associati) Italy Consumer / Retail 1.06
245 BANK KERJASAMA RAKYAT MALAYSIA BERHAD [BANK RAKYAT] Malaysia Banking / Credit Unions 1.06
246 Old Dominion Electric Cooperative United States Utilities 1.04
247 GLAC France Agriculture / Forestry 1.02
248 North Carolina Electric Membership Corp. United States Utilities 1.01
249 Coop Liguria Italy Consumer / Retail 1.00
250 Avebe Group Netherlands Agriculture / Forestry 1.00
251 CCPL (Consortium Coop. Produz Lav. S.c.r.i) Italy Workers / Industrial 0.99
252 Farmers Cooperative Company United States Agriculture / Forestry 0.98
253 CMC (Cooperativa Muratori e Cementisti) Italy Workers / Industrial 0.98
254 Southeast Milk United States Utilities 0.98
255 State Employees Credit Union United States Banking / Credit Unions 0.97
256 Dairygold Co-operative Society Limited Ireland Agriculture / Forestry 0.96
257 Conad (Consorzio Nazionale Dettaglianti) Italy Consumer / Retail 0.95
258 Alliance Agro-Alimentaire (3A Groupe) France Agriculture / Forestry 0.95
258 La Capitale Canada Insurance 0.94
260 URM Stores United States Consumer / Retail 0.93
261 Staplcotn, Inc. United States Agriculture / Forestry 0.93
262 Dairy Farmers Group Australia Agriculture / Forestry 0.91
263 Eurial Poitouraine France Agriculture / Forestry 0.90
264 Central Electric Power Cooperative United States Utilities 0.90
265 Agri-Mark United States Agriculture / Forestry 0.88
266 First Milk United Kingdom Agriculture / Forestry 0.88
267 Conad Centro Nord Italy Consumer / Retail 0.88
268 Calgary Co-operative Canada Consumer / Retail 0.86
269 Copersucar Brazil Agriculture / Forestry 0.84
270 Great River Energy United States Utilities 0.83
271 Groupe Orcab France Workers / Industrial 0.82
272 Coop Centro Italia Italy Consumer / Retail 0.82
273 Michigan Milk Producers Association United States Agriculture / Forestry 0.81
274 Associated Grocers Inc United States Consumer / Retail 0.80
275 Milk Link United Kingdom Agriculture / Forestry 0.80
276 Piggly Wiggly Alabama Distributing Company United States Consumer / Retail 0.80
277 East Kentucky Power Cooperative Inc. (EKPC) United States Utilities 0.80
278 Heartland Co-op United States Health 0.79
279 ENAP, Inc. United States Utilities 0.79
280 West Bromich United Kingdom Banking / Credit Unions 0.78
281 Consorzio Nazionale Servizi – CNS Italy Consumer / Retail 0.78
282 United Dairymen of Arizona United States Agriculture / Forestry 0.78
283 CAVAC France Agriculture / Forestry 0.77
284 Conad Adriatico Italy Consumer / Retail 0.75
285 Associated Press United States Other 0.75
286 Ecclesiastical Insurance United Kingdom Insurance 0.75
287 Alliance Group Limited New Zealand Agriculture / Forestry 0.75
288 South Mississippi Electric Power Association United States Utilities 0.73
289 Coopservice Societa Cooperativa per Azioni Abbreviabile in Coopservices Italy Consumer / Retail 0.73
290 PAX Holding Switzerland Health 0.72
291 Markfed Andhra Pradesh India Agriculture / Forestry 0.71
292 Grandi Salumifici Italiani Italy Other 0.69
293 National Grape Cooperative Association United States Agriculture / Forestry 0.69
294 HBF Australia Banking / Credit Unions 0.66
295 Wesleyan Assurance Society United Kingdom Insurance 0.63
296 East Of England United Kingdom Consumer / Retail 0.63
297 Associated Grocers of Florida Inc United States Consumer / Retail 0.60
298 Scottish Midlands Co-operative Society Limited (SCOTMID) United Kingdom Consumer / Retail 0.55
299 Bloemenveiling Aalsmeer (VBA) Netherlands Agriculture / Forestry 0.54
300 FloraHolland Netherlands Agriculture / Forestry 0.54
TOTAL 1,635.84

(Source: ICA)

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