FAQs

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

• provide risk mitigation for all ecosystem participants,
• reduce post-harvest risk/wastage of agri-commodities,
• serve and develop the nation's post-harvesting infrastructural facilities,
• encourage all stakeholders in the Indian agri-ecosystem achieve better price realization and
• promote countrywide acceptance of standard grades and specifications

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India, is estimated to be ranked as one of the leading producers agricultural products, whether in food grains or in fruits and vegetables and has over 140 million hectares under cultivation. India has evolved rapidly from being a purely agrarian economy to a services-led economy over the last 2 decades. Nevertheless, agriculture and its allied sectors, still contribute 18.5% of the US $ 1 trillion Indian Gross Domestic Produce (“GDP”) and support more than 60% of the country’s 1 bn+ population, thereby making it the most important element of the Indian economy.

In terms of hierarchy, India is the 3rd largest agricultural producer in the world and the 2nd largest producer of rice, wheat, sugar, cotton, fruits and vegetables. India has the largest irrigated area in the world with 145 mn hectares of land under cultivation.

Though being an important part of the economy, overall contribution of agriculture to GDP has been going downward from erstwhile 60 %+ to 18%+. It has maintained growth rate of   2 %+ while other sectors are contributing to GDP, are growing at 5 % and 12%,  even though the planning commission has envisaged a growth rate of atleast 4%.

Indian warehousing industry has been predominantly offered by Corporations like the Central Warehousing Corporation, State Warehousing Corporation, and Food Corporation of India. Private sector warehousing amounts to just about 20% (Approx.) of total storage capacity available.

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 and bringing liquidity to rural India experienced never before with its collateral management solutions.

The need for strengthening post-harvesting technologies and infrastructural facilities of the country has taken on a new momentum in the recent past. The physical delivery system has evolved to include end-to-end solutions in procurement, storage, quality gradation, certification and inspection, commodity care and pest management, disposal, commodity trading, and collateral management.

National Bulk Handling Corporation Ltd. (NBHC) feels that adequate availability of warehouses with banking system appropriately plugged in could solve much of the issues afflicting farmers and agriculture. NBHC is at the forefront of creating and offering “Complete Solutions in Commodity Management” to all ecosystem participants

The Government is pro-actively encouraging corporate participation in the commodity ecosystem and creating favourable conditions for promoting business and investments. Enactment of the Warehousing (Development & Regulation) Act, 2007, is a step in this direction. Establishing a Regulator and imparting of negotiability status to warehouse receipts would propel the commodity market in the right direction. This would enable post-harvest funding by banks as never before and will significantly change the scenario both for banks as well as farmers, traders and others in the eco-system.

Recognising the immense business potential in the Indian agri-commodities management market, NBHC will continue to grow with its mission of reducing post-harvest risk/wastage of agri-commodities and disseminating knowledge of good practices.