Origin
BLB Commodities was incorporated in the year 2003 and holds memberships of leading commodity exchanges of India - National Commodity and Derivatives Exchange Limited (NCDEX), Multi Commodity Exchange (MCX), ACE Derivatives and Commodity Exchange (ACE), Indian Commodity Exchange Limited (ICEX) and National Spot Exchange Limited (NSEL).
BLB Commodities is a 100% subsidiary of BLB Limited, the flagship Company of the group. BLB Group consists of Equity, Commodity, Derivative trading and Realty companies. The group has a history of 40+ years of trading expertise in Indian Capital Markets.
The foundation was laid by Late Babu Lal Bagri, four decades ago and the legacy is proudly carried forward by Mr. Brij Rattan Bagri, Chairman of BLB Group and co-author of the first book in India on 'Futures and Options'. Known for his entrepreneurial skills, he has steered the group with stupendous growth and has built an enterprise with a huge capital base, impeccable track record and a solid reputation.
Vision
Our vision is to be a leading and globally integrated supply-chain manager and processor of agri-commodities. We aim to achieve this by serving our strong grower and customer franchise globally; pursuing select scalable and attractive niche markets in upstream & midstream value-added processing; and by capitalizing on our emerging market expertise.
Business
The Company is a trading house of various agricultural commodities and allied products with an annual exchange trading turnover of USD 2.5 billion for FY 2010-11. Sourcing being the key to the business, we manage an established sourcing network of facilities in all major commodity growing states of India. We have a strong hold in India's most productive agricultural regions close to the major APMC's and focus on delivering quality consistently.
Broader Strategy
The Company is expanding the sourcing network to other low-cost markets like Sub-Saharan Africa and Asia Pacific regions, diversifying the physical commodity trading product base, venturing into global import and export, strengthening domestic trade pipelines, developing integrated supply chains for agro-commodities and edible oils and setting up processing units in strategic locations.
The broader strategy:
-
Expanding our presence through procurement from low-cost producer markets across the world
and distribution to high-demand consumer markets
-
Leveraging our domestic sourcing strength to expand sales
- Acquiring infrastructure assets to build additional profit points and economies of scale
The Company is managed by professionals with extensive experience in their domain of International trade.
 |
|||