A producer company is a type of company registered under the Companies Act, 2013 in India, specifically for the benefit of farmers or primary producers. It operates like any other company, but with a focus on the welfare of farmers and the development of the agricultural sector. The main objectives of a producer company are to:
Carry out activities for the benefit of its members, such as procurement, grading, pooling, and marketing of produce.
Provide support services to its members, such as credit, extension, and insurance services. Engage in processing, packaging, and branding of agricultural produce.