Recently News
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Govt sells 1.89 LMT wheat and 0.05 LMT rice to 2255 bidders during 15th e-auction under Open Market Sale Scheme
05-Oct-2023 - 0 Comments.
A total of 1.89 LMT wheat and 0.05 LMT rice was sold to 2255 bidders during the 15th e-auction under Open Market Sale Scheme (Domestic) (OMSS[D]) held on Wednesday, 4 October 2023.
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Global turmeric conference unites stakeholders for developing ecosystem
28-Sep-2023 - 0 Comments.
The maiden one-day Global Turmeric Conference here ended with deliberation around challenges and opportunities that would pave the way of growth and development of Turmeric ecosystem often referred as ‘golden commodity’.
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28 new mandis integrated into e-NAM platform to strengthen agricultural trade
25-Sep-2023 - 0 Comments.
Manoj Ahuja, Secretary of the Ministry of Agriculture & Farmers Welfare, announced significant developments in India's agricultural trading landscape during a recent address. He revealed that as of August 31, 2023, a total of 1,361 Agricultural Produce Market Committees (APMCs) were integrated into the Electronic National Agriculture Market (e-NAM) across 23 states and 4 union territories.
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Global turmeric conference eyes farmers and industry partnership
23-Sep-2023 - 0 Comments.
The city will witness its maiden Global Turmeric Conference on 27th September where Farmer Producer Organizations (FPOs), traders, processors, exporters, researchers and other stakeholders of turmeric ecosystem will come together to discuss various issues related to the crop.
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NCDEX partners with Skymet Weather Services to enhance understanding of climate impact on agri commodities
17-Aug-2023 - 0 Comments.
National Commodity and Derivatives Exchange Ltd. (NCDEX), India's premier Commodity Exchange, has entered into a strategic collaboration with Skymet Weather Services, a renowned authority in weather analytics.
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Govt removes procurement ceiling of 40% for tur, urad and masur under PSS for 2023-24
06-Jun-2023 - 0 Comments.
Indian government has removed the procurement ceiling of 40% for tur, urad and masur under the Price Support Scheme (PSS) for the 2023-24 marketing season.
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Shakti Pumps commences operations in Uganda to supply solar-powered water pumping system
27-Apr-2023 - 0 Comments.
Shakti Pumps (India) Limited (herein referred to as “Shakti Pumps”), a leading manufacturer of stainless-steel submersible solar pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, has expanded its presence in another export market with the commencement of operations in Uganda and opened a branch office in the country.
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NCDEX launches Isabgol seed futures contract
19-Apr-2023 - 0 Comments.
National Commodity and Derivatives Exchange Ltd. (NCDEX), India’s leading Commodity Exchange, today launched Futures contracts in Isabgol Seed for trading.
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SLCM anticipates double AUM at INR 11,500cr in FY23: CEO Sandeep Sabharwal
19-Sep-2022 - 0 Comments.
Agri logistics post-harvest company Sohan Lal Commodity Management Pvt Ltd (SLCM) anticipates doubling its assets under control to Rs 11,500 crore during the current fiscal year, stated a senior company official.
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Kenya look towards India for building its warehousing, agri derivatives sector
26-May-2022 - 0 Comments.
Kenya is looking at India to develop an agricultural ecosystem that is led by the government’s favourite Farmer Producer Organisation (FPO) model along with the agri derivatives trading platform and e-warehouse receipt system.
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Ergos launches GrainBank loyalty cards for farmers
15-Apr-2022 - 0 Comments.
Fresh from the Farm! The commodity market is a buzz again with Wheat and Maize harvesting in the field and sales starting on the Tech platform 'GrainBank' (developed by Ergos). This is the first time in India's history where farmers have direct access of a cutting-edge technology platform 'GrainBank' for getting valuable information and income on their farm produce.
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ICAR led NARS developed 1956 high yielding varieties of 80 field crops since 2014
07-Apr-2022 - 0 Comments.
Indian Council of Agricultural Research (ICAR) led National Agricultural Research System (NARS) has developed 1956 high yielding varieties/hybrids of 80 field crops since 2014 which include 173 less water requiring varieties/hybrids of cereals (94), oilseeds (14), pulses (25), fiber crops (8), forages (12) and sugarcane (20).
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ThriveAgric secures USD 56m in debt funding for business expansion in African market
24-Mar-2022 - 0 Comments.
ThriveAgric, an Abuja, Nigeria-based agtech company, raised USD 56.4m in debt funding. Investors included local commercial banks and institutional investors. The USAID-funded West Africa Trade and Investment provided USD 1.75m as a co-investment grant.
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AgriAku Indonesian agritech raised USD 6m from Go Ventures in pre-Series A funding
04-Mar-2022 - 0 Comments.
Jakarta's AgriAku, a B2B marketplace for farmers, announced that it has raised USD 6m in pre-Series A funding. Go Ventures led the round, which also saw participation from MDI Arise, MDI Centauri, Mercy Corps Social Venture Fund, and angel investors.
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Integration of E-MANDIS into E-NAM Platform
08-Feb-2022 - 0 Comments.
Since 31st March 2018, 415 new mandis have been integrated on National Agriculture Market (e-NAM) platform. As on 31st December 2021, 1000 mandis of 18 States and 03 Union Territories have been integrated with e-NAM platform.
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Farming tech startup Bijak raises USD 19.4m from Bertelsmann, others
02-Feb-2022 - 0 Comments.
Bijak, a B2B trading platform for agricultural products, raised USD 19.37 million as part of its Series B funding round led by Bertelsmann, according to a regulatory filing.
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NERL disburse INR 2000 CR worth of loans against eNWR
04-Jan-2022 - 0 Comments.
National E-Repository Limited (NERL), an NCDEX group company and a WDRA (Warehousing Development and Regulatory Authority) regulated entity has facilitated loans worth more than INR 2000 crore against electronic Negotiable Warehouse Receipts (eNWR).
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NeML partners with FINCHAIN for trade financing
02-Dec-2021 - 0 Comments.
NCDEX e Markets Limited (NeML), India’s leading integrated e-Markets platform for commodities and intangibles, announced its agreement with FINCHAIN Technologies to provide trade-financing options.
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Piyush Goyal: By 2025 we can increase leather exports to over USD 10 billion
27-Nov-2021 - 0 Comments.
The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that India’s leather industry should aspire to be No.1 in the world.
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India records 14.7% rise in agricultural, processed foods exports during April-October 2021
20-Nov-2021 - 0 Comments.
In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21.
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SLCM Launches Made in India quality check food grains app
18-Oct-2021 - 0 Comments.
Agri logistics conglomerate Sohan Lal Commodity Management (SLCM) has announced the official launch of the beta version of a quality check mobile application for agricultural commodities under its proprietary AgriReach umbrella for user feedback and review.
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NCDEX agri-derivatives market share jumps to 85% in Aug 2021
15-Sep-2021 - 0 Comments.
National Commodity and Derivatives Exchange Ltd has posted a healthy 115 percent rise in the Average Daily Turnover Value of INR 2,444 Crore in August 2021 despite restrictions on Chana futures, one of its key liquid contracts in the pulses segment.
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NCDEX cautions market participants about unregulated trading platforms
09-Sep-2021 - 0 Comments.
National Commodity and Derivatives Exchange Limited (NCDEX) has cautioned market participants that the Exchange has come to the notice that some unregulated internet-based platforms and websites are offering trading in certain unregulated derivative products called Contracts for Difference (CFD) and Binary Options.
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Import of de-oiled GM soya cake explained
29-Aug-2021 - 0 Comments.
Centre allows import of 12 lakh metric ton GM soya cake after the Director General of Foreign Trade issued the necessary notification. However, poultry industry, Farmers organization and environmental activist expressed different reaction on import decision.
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NCDEX launches GUAREX, India’s first sectoral agri-index futures contract
16-Aug-2021 - 0 Comments.
National Commodity and Derivatives Exchange Limited, India’s leading commodity exchange, today launched the futures contract on NCDEX GUAREX, India’s first sectoral index in agri-commodities basket.
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Arya collaborates with SBM Bank India for commodity financing
16-Aug-2021 - 0 Comments.
Arya recently announced that it has tied up with SBM Bank India for commodity financing. The former has formed a strategic partnership with the latter to reinforce its competencies in financing solutions.
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Arya partners with State Bank of Mauritius to fortify its presence in commodity financing
13-Aug-2021 - 0 Comments.
Arya, India's largest post-harvest Agritech player forays into a strategic partnership with SBM, India to reinforce its competencies in financing solutions.
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NCDEX's average daily turnover value posts 174% increase in July 2021
12-Aug-2021 - 0 Comments.
National Commodity and Derivatives Exchange Limited has posted an increase in average daily turnover value (ADTV) rising 174 percent year-on-year at INR 2,151 crore in July 2021.
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APEDA inks MoU with University of Agricultural Science, Bangalore to boost agri-exports
05-Aug-2021 - 0 Comments.
To give boost agricultural and processed food products exports especially from Karnataka, the Agricultural and Processed Food Products Export Development Authority (APEDA) signed a Memorandum of Understanding (MoU) with the University of Agricultural Science (UAS) Bangalore.
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NCDEX records INR 1945 crore ADTV during June 2021
15-Jul-2021 - 0 Comments.
Retaining its leadership position in the agri-derivatives space, National Commodity and Derivatives Exchange Ltd (NCDEX) has recorded an all-round increase in its performance in June 2021.
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India's export footprint expands; GI certified mango shipped to Bahrain
11-Jul-2021 - 0 Comments.
India has expanded its footprint of mango exports to the newer countries this season, notwithstanding logistical challenges posed by the COVID19 pandemic.
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GreenSat Innovation Labs inks MoU with Gramin Vikas Trust, IndiaHub e-Governance to launch a smart FPO initiative
09-Jul-2021 - 0 Comments.
GreenSat Innovation Labs Pvt. Ltd. a leading agritech company signed an MoU with Gramin Vikas Trust (GVT), a rural welfare organization, and IndiaHub e-Governance Pvt. Ltd., an innovation-driven start-up, as a technology partner for their Smart FPO (Farmer Producer Organization) initiative.
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USA, Dubai deities to get hands on GI certified Madurai Malli flowers exported from Tamil Nadu
09-Jul-2021 - 0 Comments.
For ensuring that Indians living abroad get supplies of fresh flowers to deities at home and temples, consignments of Geographical Indications (GI) certified Madurai malli and other traditional flowers such as button rose, lily, chamanthi, and marigold were exported to USA and Dubai from Tamil Nadu.
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NCML commissions grain storage silos worth INR 800 MN in Haryana
09-Jul-2021 - 0 Comments.
National Commodities Management Services Limited (NCML), [formerly National Collateral Management Services Limited (NCML), India's largest private-sector agriculture post-harvest management company, today inaugurated its public Silo storage facility at Sonipat in Haryana.
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SLCM awarded agri commodities management contract from Madhya Pradesh
08-Jul-2021 - 0 Comments.
New Delhi-headquartered agri technology and warehousing solutions conglomerate, Sohan Lal Commodity Management (SLCM), has received a record contract as a service provider for the Preservation, Management and Security (PMS) of food grain stock from the Madhya Pradesh state government.
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India exports GI certified Bhalia wheat to Kenya, Sri Lanka
08-Jul-2021 - 0 Comments.
In a major boost to wheat exports, the first shipment of Geographical Indication (GI) certified Bhalia variety of wheat was exported to Kenya and Sri Lanka from Gujarat.
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Mishri variety of cherries exported from Kashmir to Dubai
07-Jul-2021 - 0 Comments.
In a step towards boosting horticultural crops exports, a first commercial shipment of Mishri variety of luscious cherries from Kashmir valley has been exported to Dubai from Srinagar.
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NCDEX launches country’s first indices for gaur, soybean
05-Jul-2021 - 0 Comments.
National Commodity and Derivatives Exchange Limited (NCDEX), India’s agri-commodity exchange has today launched two sectoral indices in agri-commodities basket namely NCDEX GUAREX and NCDEX SOYDEX.
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North Eastern state exports Burmese grapes 'Leteku' to Dubai
29-Jun-2021 - 0 Comments.
In a major boost to harness the export potential of agricultural and processed food products from north-eastern states, a shipment of fresh Burmese grapes referred to as ‘Leteku’ in the Assamese language has been exported to Dubai from Guwahati by the air route.
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Maharashtra exports exotic dragon fruit to Dubai
26-Jun-2021 - 0 Comments.
In a major boost to the export of exotic fruit, a consignment of fibre and mineral-rich ‘Dragon Fruit’, also referred to as Kamalam, has been exported to Dubai.
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APEDA organizes virtual meet to boost exports of agricultural products to Algeria
25-Jun-2021 - 0 Comments.
In a bid to boost agricultural and processed food products exports, The Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with the Indian embassy has organized a virtual buyer-seller meet (VBSM) with Algeria.
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Cabinet approves merger of Central Railside Warehouse, Central Warehousing Corporation
24-Jun-2021 - 0 Comments.
Taking another step towards implementing the direction of “Minimum Government Maximum Governance” given by Prime Minister, promoting ease of doing business and bringing private sector efficiencies in Public Sector Undertakings.
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GI certified Jalgaon banana exported to Dubai
16-Jun-2021 - 0 Comments.
In a major boost to exports of Geographical Indications (GI) certified agricultural produce, a consignment of fiber and mineral-rich ‘Jalgaon banana’ has been exported to Dubai an emirate in the United Arab Emirates.
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GI certified Jardalu mangoes first commercial consignment exported to United Kingdom
14-Jun-2021 - 0 Comments.
In a major boost to the agri-exports potential of the eastern region, the first commercial consignment of Geographical Indications (GI) certified Jardalu mangoes from Bhagalpur, Bihar was exported today to the United Kingdom.
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India’s export of agriculture & allied products up by 17.34% at USD 41.25 BN during 2020-21
11-Jun-2021 - 0 Comments.
Secretary, department of Commerce, Government of India Dr Anup Wadhawan said that Agriculture Exports have performed well during 2020-21.
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NCML name changed to National Commodities Management Services Limited
11-Jun-2021 - 0 Comments.
India's largest private-sector agriculture post-harvest management company, erstwhile National Collateral Management Services Limited (NCML), has announced that the company will begin operating under a new name - National Commodities Management Services Limited, effective immediately.
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GI certified mangoes exported to Bahrain
09-Jun-2021 - 0 Comments.
In a major boost to mango export potential from the eastern region, sixteen varieties of mangoes including three GI certified Khirsapati and Lakshmanbhog (West Bengal), Zardalu (Bihar) are being exported to Bahrain.
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India exports 24MT groundnuts to Nepal
08-Jun-2021 - 0 Comments.
Opening a window of possibilities of boosting groundnut exports from the eastern region, a consignment of 24 metric tonnes (MT) of groundnuts was exported to Nepal from West Bengal.
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NCDEX average daily turnover value up by a whopping 264% to INR 2139 Cr in May 2021
07-Jun-2021 - 0 Comments.
National Commodity and Derivatives Exchange Ltd (NCDEX) has posted over three-fold jump in its Average Daily Turnover Value (ADTV) to INR 2139 Crore in May 2021 demonstrating yet another operational excellence despite heavy disruptions in spot market amid lock-downs across the country during the month.
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AYUSH organized webinar for BRICS Countries traditional medicinal products
07-Jun-2021 - 0 Comments.
Ministry of AYUSH organized a Webinar on Harmonization of Regulation of Standardization of Traditional Medicinal Products of Brics Countries under India’s BRICS Chairship of 2021 recently.
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APEDA organizes webinar to commemorate the World Milk Day
03-Jun-2021 - 0 Comments.
The Agricultural and Processed Food Products Export Development Authority (APEDA) in association with the Ministry of Fisheries, Animal Husbandry and Dairying (MFAHD) organized a webinar cum interactive session on the prospects of harnessing the full potential of dairy products exports from the country on the occasion of World Milk Day.
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IPGA urges govt to allay fear of traders about stock monitoring exercise
02-Jun-2021 - 0 Comments.
India Pulses and Grains Association (IPGA), the nodal body for the pulses trade and industry in India held a press conference to draw the attention of the government towards the effects on the trade following the instructions issued by the Ministry of Consumer Affairs, Food and Public Distribution.
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India's seafood exports down 10.88% at 1.14 MT during 2020-21
02-Jun-2021 - 0 Comments.
The COVID pandemic and sluggish overseas markets cast their shadow over India’s resurgent seafood sector as the country exported 1.149 million tonne (11,49,341 metric tonne) of marine products worth INR 43,717.26 crore (US$ 5.96 billion) during FY 2020-21, registering a contraction of 10.88 per cent in volume as compared to a year earlier.
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J&K govt signs MoU with GoAir for agri produce transportation
02-Jun-2021 - 0 Comments.
In a significant decision, the Jammu and Kashmir government signed a memorandum of understanding (MoU) with a Mumbai based private airliner, GoAir for the transportation of perishable horticulture and agricultural produce to various destinations across the country.
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Bijak launches new logistics service for agri commodities in Maharashtra, UP
01-Jun-2021 - 0 Comments.
With an aim to provide easy trading of agri commodities across the country, agritech B2B marketplace startup, Bijak has launched its logistics services in Maharashtra and Uttar Pradesh.
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Findoc Commodities bags NCDEX's Krishi Award 2021
01-Jun-2021 - 0 Comments.
National Commodity & Derivatives Exchange Limited (NCDEX), the only commodity exchange in the country promoted by national level institutions, has awarded Findoc Commodities with Krishi Pragati Awards 2021.
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India exports 4.5MT village rice to Ghana and Yemen
01-Jun-2021 - 0 Comments.
In a major boost to India’s non-basmati rice exports potential, two consignments of 4.5 MT patented ‘village rice’ sourced from Kumbakonam, Thanjavur district, Tamil Nadu by a start-up Udaya Agro Farm was exported to Ghana and Yemen via air, sea routes.
