NCMSL, India’s leading player in warehousing and collateral management released the ‘India Commodity Yearbook 2011’, edited by Mr. Sanjay Kaul, MD and CEO of NCMSL. The detailed publication on commodities is aimed at giving its readers exceptional insights on the commodity market, the data for the last 10 years and the expectations for the current and the next year.
The yearbook has an innovatively and reader friendly compiled database and articles authored by thought leaders and experts in the commodity domain. The idea is to deliberate on issues related to the healthy development of the market and identifying opportunities in the commodity market in future.
The book was released by Mr. Sanjay Kaul, MD & CEO, NCMSL. Mr. Shyamal Gupta, CBO, NCMSL, Mr. K. Sankaranarayanan, Head – Risk, Compliance & Technology, Mr. M.S. Annigeri, Advisor - Business Strategy and Dr. Hanish Kumar Sinha, Head - Commodity Research, NCMSL along with other eminent dignitaries were present on the occasion.
On the occasion, Mr. Sanjay Kaul, MD & CEO, NCMSL said “Such initiative by industry thought leaders is welcome as Indian commodity markets are still in the growth phase and requires lot of development when compared to other commodity markets across the world. The highlights on the opportunities and issues for the growth of commodity market supported by data makes the yearbook more powerful than other related books in the market.
“Indian commodity markets are at a juncture where investment in education and research is important to sustain its growth. The India Commodity Yearbook 2011 is yet another initiative that affirms our belief that systematic development of markets is possible by continuous innovation, education and research. We are confident that this commodity book will offer a plethora of useful databases on commodity markets arranged in a better way and serve as a one point source for quick and easy reference” he further added.
About National Collateral Management Services Ltd.
The National Collateral Management Services Limited (NCMSL) is the country’s leading player in warehousing services, supply chain management solutions and testing & certification. It provides collateral risk management for lenders as well as risk management of physical deliveries for commodity exchanges.
The company provides these services to growers, traders, processors, importers, exporters, overseas buyers & sellers, lenders, commodity exchanges, exchange traders and government agencies. NCMSL is present in 16 states and union territories across India and its warehouses manage as many as 70 agricultural commodities as well as storage services for non-agricultural commodities and inventories.
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Incorporated in 2004, NCMSL has been promoted by reputed banks like Bank of India, Canara Bank, Corporation Bank, HDFC Bank, Indian Bank, The Karur Vysya Bank, Punjab National Bank and Yes Bank as well as organizations like NCDEX, IFFCO, HAFED and ACE Geneva. The company is governed by an independent and professional board.
The company provides the following services: storage & preservation, procurement & supply chain, collateral management, testing & certification, trade & commodity intelligence, weather intelligence and crop intelligence.