What does NBHC stands for?

National Bulk Handling Corporation Limited.

Mission of NBHC?

National Bulk Handling Corporation Limited (NBHC) is an end-to-end solution provider in warehousing and bulk handling of agri-commodities, with a mission to

Vision of NBHC?

National Bulk Handling Corporation Limited (NBHC) is committed to creating favourable impact on commodities ecosystem by providing comprehensive solutions for risk mitigation and management of commodities to benefit all the ecosystem participants.

Promoter of NBHC?

NBHC is a Group Company of Financial Technologies (India) Limited (FTIL), India's leading software product enterprise listed on the Bombay Stock Exchange and the National Stock Exchange. FTIL has developed proven transaction automation technologies for Equities, Forex, Commodities and Derivatives markets.

Profile of promoter?

About FTIL

Financial Technologies (India) Ltd. (FTIL), a company listed on the National Stock Exchange & Bombay Stock Exchange, is India's leading technology enterprise delivering mission critical Straight-Through-Processing (STP) solutions comprising Domain Consulting, Technology Licensing and Development Outsourcing for the Global Exchange Marketplaces. FTIL is a Vertical Specialist and a domain expert with proven transaction automation solutions for Equity, Forex, Commodity and Derivatives markets. This covers all the stages of a Trade Life Cycle: - Pre-Trade, Trade and Post-Trade operations to deliver single point transaction fulfillment. Deriving strength from its exhaustive library of product IPRs, FTIL has set-up robust market-place platforms offering sophisticated 'exchange operations' & 'shared services' on high-end technology infrastructure.

Currently FTIL has more than 500 brokerage houses operating 30,000+ trading terminals on a daily basis across 150 cities.

FTIL's customers, who have leveraged and extensively benefited from FTIL's solutions, include ABN Amro Bank, Ahmedabad Stock Exchange, Aviva Life Insurance, Citigroup, Deutsche Equities, ICICI Group Companies, IL&FS, ING Investment Management, Inter-Connected Stock Exchange, Kotak Securities, DSP Merrill Lynch, Multi Commodity Exchange of India Ltd., Dubai Gold and Commodities Exchange, Principal Asset Management, Prudential ICICI Asset Management, Refco Sify Securities, Reliance Capital Asset Management, SG Asia Securities, Sharekhan, UTI Securities, SBI Capital Markets, TATA Asset Management, amongst others. FTIL is an official member of the KEYSTONE alliance of Microsoft, Intel and Compaq for the financial services industry.

Present scenario of Indian agriculture?

India is predominantly an agricultural economy where 72% of the population engages in agriculture and its allied sectors. Its share in GDP is nearly 22.2% (2003-04) or around Rs 5,50,000 crore. Nearly 70% of the population earns its livelihood from agriculture and allied sectors. In spite of predominance of agriculture, the condition of the Indian farmer is very dismal. They are not getting remunerative prices for their produce. Amongst all factors adversely affecting the Indian farmer, some are - a lack of quality warehousing facilities to prevent foodgrain loss and banks not extending loan against their commodities due to unreliability of quality and quantity of commodity.

Present scenario of Indian Warehousing Industry?

Indian warehousing industry has been predominantly offered and used only by Corporations like the Central Warehousing Corporation, State Warehousing Corporation, and Food Corporation of India. Total stocks kept with the private sector amounts to just about 20% (Approx.) of India's agricultural produce.

NBHC's role in the current scenario?

NBHC has been set up with the primary objective of providing the above solutions by emphasising on public and private sector participation, quality warehousing and commodity management with storage, preservation and protection techniques through upgradation of available infrastructure, creation of infrastructure of global standards, supported by associated business partners and simultaneously establishing standards and mechanisms for commodities trading.

Who are our business partners?

Our business partners are Banks, Warehouse Owners, Quality Certification Agencies, Insurance Agencies and Logistic Companies.

Services offered by our business partners?

Banks - Bank's extend finance against warehouse receipts issued by NBHC's accredited warehouses. It also gives financial support for the development and upgradation of warehouses. It also disseminates information on futures trading through its vast network of branches amongst the farmers and commodity traders across the country.

Quality Control Agencies - They undertake technical inspection of the warehouses and assist in gradation and standardisation of commodities. They provide quantity certification of the stored commodities.

Logistic Companies - They help in smooth and efficient movement of commodities in right Quality and Quantity to right place at right time.

NBHC Accredited Warehouses - It provides Efficient Commodity Management as per internationally recognised standards.

Benefits to business partners?