Sh. Bhagwant Mann
Hon'ble Chief Minister, PunjabCUM
Minister IN-CHARGE FOR Department of Cooperation
The Punjab State Co-op Supply & Marketing Federation Ltd. known as “Markfed” was registered in 1954. At the time of registration, it began with one bicycle, three employees, thirteen members and a capital of Rs.54,000/-, it has now achieved meteoritic volumes and has grown to become one of the largest marketing co-operative in Asia with an annual turnover of over Rs.22883 Crores as on 2022-2023. Markfed operates through 22 District offices over 100 Branch offices in Mandi Towns and 6 processing and trading units.
The number of members societies has expanded to 3051 . Markfed has emerged as a very solid and stable organisation committed to the service of the farmer community of the State of Punjab. Markfed has been awarded National Productivity Awards in various fields like co-operative marketing activities, food processing, cattle-feed production etc., to name a few. Several innovative incentive schemes have been introduced for the benefit of the farmers and the member co-operative societies.
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