Company Objectives
  1. To purchase or manufacture or hire agricultural  machines and implements  inclusive of Power  Tillers, Power  Plough, Thrashers, Tractors, Pump sets, Pipes etc.  either to sell or supply  on hire  purchase basis or on hire

  2.  To purchase or manufacture industrial machinery either to sell to supply  on hire purchase basis to cottage/ small/medium/large scale industries.

  3. To promote, establish, maintain and manage the business relating to the manufacture, purchase and sale of any type of product based on any type of fruit & vegetable.

  4.  To act as an agents on behalf of the Central  and State Governments, Corporation/ Organisation or any institution  or concern for distribution of agricultural machinery and inputs and other allied articles.

  5.  To arrange procurement or manufacturing and distribution of organic  and chemical fertilizers, seeds, pesticides etc.

  6.   To undertake rural electrification  programmes, lift irrigation programmes, small hydro power projects etc.  For the attainment of the main objects   there are several incidental  or ancillary objects as per the registered bye-laws.

Member ship

This is the first federal type of agro-industrial society in Kerala with institutional and individual members. The institutional members are mainly Primary Service Co-op. Banks and Societies in the State. Besides membership is open to Central and State Governments.

Management  

The society is managed by  a 14 member Board of Directors.   10 Directors elected from among Institutional members and 2 Directors from among the individual members. The President of the Kannur District Co-op.  Bank is  Ex-Officio  member of the Board.  The present Board is headed by Sri. T.  Krishnan  as Chairman who is a veteran co-operator.  The professional management is headed by Sri. C. Venugopal as Managing  Director who is an Engineering  Graduate  with vast  experience  in corporate  management sector, who has bagged the "Rashtreeya Rattan Award" issued by the Global Economic Council, New Delhi. And also the "Bhartiya Udyog Ratan Award" for the achievements and contributions in his field.

 

T. Krishnan
Chairman
Raidco Kerala Limited
Kannur
C. Venugopal
Managing Director
Raidco Kerala Limited
Kannur