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A producer company is basically a body corporate Registered as Producer Company under Companies Act, 1956 and shall carry on or relate to any of following activities classified broadly:-

production, harvesting, processing, procurement, grading, pooling, handling, marketing, selling, export of *primary produce of the Members or import of goods or services for their benefit :

rendering technical services, consultancy services, training, education, research and development and all other activities for the promotion of the interests of its Members;

generation, transmission and distribution of power, revitalization of land and water resources, their use, conservation and communications relatable to primary produce;

promoting mutual assistance, welfare measures, financial services, insurance of producers or their primary produce;

*Primary produce has been defined as a produce of farmers arising from agriculture including animal husbandry, horticulture, floriculture, pisciculture, viticulture, forestry, forest products, re-vegetation, bee raising and farming plantation products: produce of persons engaged in hand-loom, handicraft and other cottage industries: by - products of such products; and products arising out of ancillary industries.