Food Corporation of India
While homemakers are busy making chapati, roti, and pooris, Food Corporation of India (FCI) stays busy managing India's grain supplies. FCI buys and markets wheat and rice for the Indian government, purchasing both domestically grown and imported grains, keeping 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. It was founded in 1965.
Contact Details
Office Address
Food Corporation of India
Khadya Sada, 16-20 Barakhamba Ln.
New Delhi, INDIA 110001
Phone: +91-11-2341-3871
Executives
Chairman and Managing Director
V. K. Malhotra
Executive Director, Finance
P. Raghavendra Rao