The Institute of Cooperative Management - India

What The Institute of Cooperative Management - India does

The Institute of Cooperative Management, Madurai (ICM Madurai) is a government training institute established in 1983 under the National Council for Cooperative Training (NCCT), New Delhi, which operates under the Ministry of Cooperation, Government of India. It is one of 20 cooperative management institutes in a national network that includes one national institute (VAMNICOM Pune), five regional institutes, and 14 ICMs. The institute delivers management development programmes for personnel in Tamil Nadu's Cooperative Department (Deputy Registrars and Sub-Inspectors) and across cooperative institutions including Primary Agricultural Credit Societies (PACS), District Central Cooperative Banks (DCCBs), Urban Cooperative Banks (UCBs), and sector-specific bodies in handlooms, dairy, social welfare, and industrial cooperatives.

The institute's core offerings include the Higher Diploma in Cooperative Management (HDCM) in both full-time and correspondence modes (currently in its 65th batch), sectoral diplomas, short-duration courses on cooperative credit, banking, accounts, audit, HR management, and IT/digital initiatives, WDRA-sponsored warehouse-management and assaying programmes, Directorate General of Resettlement certificate courses for ex-servicemen, and cooperative awareness and member education programmes. In 2023-24 it ran 94 member-education programmes serving 8,065 participants (up from 57 programmes and 6,525 participants in 2022-23), and 30 WDRA-sponsored programmes serving 1,207 participants.

ICM Madurai operates on a government-funded, non-commercial model: its annual budget is shared 50:50 by the Ministry of Cooperation, Government of India and the Tamil Nadu Cooperative Union (TNCU), and training is delivered free of cost to participants. The training calendar is finalised annually by a Programme Advisory Committee chaired by the Registrar of Cooperative Societies, Government of Tamil Nadu. The institute collaborates with WDRA, CSC Limited, the Directorate General of Resettlement, SIRD, and RUDSETI for specialised programmes.

Name

The Institute of Cooperative Management - India

Legal name

Institute of Cooperative Management, Madurai

Website

https://icmmadurai.in

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

The Institute of Cooperative Management, Madurai is a government training institute under India's Ministry of Cooperation that delivers diploma programmes, short courses, and capacity-building training for cooperative department officials, PACS/DCCB/UCB staff, ex-servicemen, and warehouse personnel in Tamil Nadu, funded 50:50 by the central Ministry and TNCU.

Ownership category

akta.pro rank

Headquarters

HQ city

Madurai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Government Funding: Annual budget is shared on 50:50 basis by Ministry of Cooperation, Government of India and Tamil Nadu Cooperative Union (TNCU). The institute does not generate commercial revenue from its training programs.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

The Institute of Cooperative Management, Madurai (ICM Madurai) is a government training institute that delivers management development programmes, diploma courses, short-duration courses, and member education programmes for personnel working in cooperative departments and cooperative sector institutions in Tamil Nadu. It operates under the National Council for Cooperative Training (NCCT), New Delhi, which is under the Ministry of Cooperation, Government of India, and shares its annual budget equally with the Tamil Nadu Cooperative Union (TNCU).

Product overview

The Institute of Cooperative Management, Madurai is a training and education institute under the National Council for Cooperative Training (NCCT), Ministry of Cooperation, Government of India. The institute offers a portfolio of management development and diploma programmes targeting cooperative sector personnel across Tamil Nadu. The core offerings include the Higher Diploma in Cooperative Management (HDCM) in both full-time and correspondence modes with contact classes, sectoral diplomas for specific departments (Handlooms, Social Welfare, Dairy, Industrial), and short duration courses covering diverse topics from cooperative banking to digital initiatives. Specialized programmes include WDRA-sponsored warehouse management training and Directorate General of Resettlement courses for ex-servicemen. The institute also conducts cooperative awareness and member education programmes to extend outreach to grassroots cooperative members.

Differentiator

Problem solved

Functional benefit

Products and services

• Higher Diploma in Cooperative Management (HDCM) - Full Time A full-time diploma program with capacity of 50 participants targeting private candidates with any degree, providing comprehensive training in cooperative management principles and practices.
• Higher Diploma in Cooperative Management (HDCM) - Correspondence Mode A 36-week correspondence program with contact classes targeting Sub-Inspectors and Pro Deputy Registrars of Cooperative Department, with a capacity of 30 participants.
• Sectoral Diplomas - Full Time A 12-week full-time diploma program designed for personnel from Handlooms, Social Welfare, Dairy, and Industrial Departments covering sector-specific cooperative skills.
• Short Duration Courses Various short-term training programs covering Cooperative Credit & Banking, Cooperative Laws, Accounts & Audit, Management & Skill Development, HR Management, IT & MIS, and Digital Initiatives such as GeM portal, DBT, e-Commerce, IFHRMS.
• WDRA Sponsored Programmes Training programmes on Assaying Techniques and Warehouse Management sponsored by Warehouse Development and Regulatory Authority (WDRA) for warehouse managers, farmers, traders, and millers in Tamil Nadu.
• Directorate General of Resettlement Certificate Courses 12-week certificate courses for ex-servicemen including Book Keeping and Account using Tally and Sales Management, organized in collaboration with Directorate General of Resettlement, Ministry of Defense.
• Cooperative Awareness and Member Education Programmes Outreach programs for cooperative members, youth, and women, conducted to disseminate information about cooperative benefits, government schemes, and cooperative literacy at grassroots level.

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• National Council for Cooperative Training (NCCT), New DelhicoreOthersNCCT is the parent body overseeing all 20 Institutes of Cooperative Management across India. ICM Madurai operates under NCCT's guidance, implementing training programmes and scaling up activities as directed by the council under the Ministry of Cooperation.
• Warehouse Development and Regulatory Authority (WDRA)coreStrategic or Co-development PartnerWDRA sponsors awareness programmes for farmers, traders and millers on e-NWR and scientific storage; assaying training programmes for warehouse technical staff; and capacity building programmes for warehouse managers. ICM Madurai has conducted 63 programmes serving 2,785 participants over 2022-23 and 2023-24.
• CSC LimitedmajorStrategic or Co-development PartnerICM Madurai collaborated with CSC Limited to conduct training programmes for onboarding PACS to CSC Portal and Operation of Jan Aushadi Kendras, extending services to grassroots cooperative level.
• Directorate General of Resettlement, Ministry of DefensemajorStrategic or Co-development PartnerDGR collaborates with ICM Madurai to conduct 12-week certificate courses for ex-servicemen including Book Keeping with Tally and Sales Management programmes, benefiting Department of Ex-Servicemen Welfare participants.
• Department of Ex-Servicemen WelfareminorOthersParticipants from Department of Ex-Servicemen Welfare attend certificate courses organized by ICM Madurai in collaboration with DGR, Ministry of Defense.
• SIRD (State Institute of Rural Development)minorStrategic or Co-development PartnerSIRD Madurai collaborated with ICM Madurai for cooperative awareness programmes for Presidents and Secretaries of Village Panchayats.
• RUDSETIminorStrategic or Co-development PartnerRUDSETI partnered with ICM Madurai for conducting cooperative awareness campaigns at grass-root level.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Xavier Institute of Social Service (XISS): Management institute offering postgraduate programmes in rural management, development studies, and personnel management. Comparable to ICM Madurai in training professionals for social and cooperative sector institutions across India.
• Institute of Rural Management Anand (IRMA): Premier institute offering postgraduate programmes in rural management with strong focus on cooperatives, rural finance, and development. Comparable to ICM Madurai in mandate (cooperative/rural sector capacity building) and target beneficiaries (cooperative and rural institutions).
• Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM): The apex national institute for cooperative management training in India under NCCT and the Ministry of Cooperation. Directly comparable to ICM Madurai as both sit in the same national network and deliver HDCM-style programmes for cooperative sector personnel.
• National Institute of Rural Development and Panchayati Raj (NIRD&PR): Central government autonomous body under the Ministry of Rural Development providing training, research, and consultancy for rural development professionals. Directly comparable to ICM Madurai as a government-funded capacity-building institute serving a specific sector workforce.
• Regional Institute of Cooperative Management - Bengaluru: One of the five Regional Institutes of Cooperative Management under NCCT, serving southern states. Directly comparable peer to ICM Madurai in mandate, funding model, and programme structure within the same national cooperative training network.

Broad incumbents

• National Institute of Financial Management (NIFM): Apex institute under the Ministry of Finance providing training for finance and accounting officers across central and state governments. Comparable to ICM Madurai in providing specialised government-funded capacity building for cooperative finance officers.
• Indian Institute of Public Administration (IIPA): Autonomous institution under the Ministry of Personnel that provides training, research, and consultancy for public administrators. Comparable to ICM Madurai as a government-funded training institute serving public sector employees, though broader in scope.
• National Institute of Bank Management (NIBM): Autonomous apex institution for banking and financial sector management training in India. Comparable to ICM Madurai in training PACS/DCCBs/UCB cooperative banking personnel, though operates at the mainstream banking level rather than the cooperative niche.
• Lal Bahadur Shastri National Academy of Administration (LBSNAA): Apex civil services training academy under the Department of Personnel & Training. Comparable to ICM Madurai as a government-funded training institute for public administrators, though broader in scope (IAS/central services).

Others

• Indian Society for Training & Development (ISTD): National professional body for training and development professionals across sectors. Comparable to ICM Madurai as an enabler of HR/capacity building programmes for cooperatives, though positioned as an industry membership body rather than direct training provider.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• Xx.com/3MzmQKL
• YouTubebit.ly/3pMWbBp
• Facebookfacebook.com/3qMp1RT
• Instagrambit.ly/3OADSJs
• LinkedInlinkedin.com/school/the-institute-of-cooperative-management---india

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The Institute of Cooperative Management - India