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The present investigation was carried out at Department of Plant Pathology and Agricultural Microbiology, PGI MPKV, Rahuri. The 24 pink pigmented facultative methylobacteria (PPFMs) were isolated from surfaces of leaf samples, rhizosphere soils of different crops such as Tomato, Chilli, Brinjal, Soybean, Gram, Sorghum, Cowpea, Sunflower, Maize and Sugarcane from different locations of Ahamadnagar District. Out of twenty four isolates, seven isolates along with reference strain were found positive to produce IAA.  The efficient PPFMs are subjected for morphological and biochemical characterization .The isolates were further screened for their beneficial growth characters. MT_10, MT₂₃ and MT₄ were found superior in producing IAA, GA, nitrogen fixation and sidrophore production as compared to the other isolate which clearly shows that the selected strain having a good potentiality as a biofertilizer.

Key word: PPFMs bacteria, Indole acetic acid, Gibberlic acid, Nitrogen fixation and sidrophore production.