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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Food Corporation of India

Food Corporation of India
 PROFILE
If you knead dough, Food Corporation of India (FCI) has the bread. FCI buys and markets wheat and rice for the Indian government, purchasing both domestically grown and imported grains. It keeps the stockpiles in its own warehouses. Through periodic sales, FCI controls and manages the domestic grain supply, regulating the market prices for those commodities. It also provides some of its stores of grain to government-subsidized food programs, and it builds up buffer stocks to meet any food crisis. One of Asia's largest companies, FCI operates under the direction of the Indian government's Food Ministry, and was founded in 1964.

 COMPETITION
Hindustan Lever Limited (HLL)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 4,000.00
1-Yr. Sales Growth: 6.6%
Employees: 61,312
Revenue per employee: $65,240.08

 KEY PEOPLE
• J. S. Gill
    CEO
• G. Mohan
    CFO

 CONTACT INFO
16-20 Barakhamba Ln.
New Delhi 110 001, India
Phone: 91-11-331-6263
Fax: 91-11-331-3214
Online: Web Site

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