The brand new title displays the corporate’s emphasis on offering commodity companies alongside the excellent agriculture lifecycle from farm to plate. This transformation is triggered by varied steps taken by NCML to develop its presence in new agriculture frontiers, together with pre-harvest companies like crop monitoring, climate knowledge, yield steerage, and so on., to commodity warehousing, digital platform for buy-sell, testing, provide chain and trucking.
Siraj Chaudhry, MD & CEO, NCML, stated, “This renaming of NCML completely illustrates that we now have grown past the enterprise of collateral administration companies. The brand new title Nationwide Commodities Administration Companies Restricted, exhibits us as a trusted resolution supplier for stakeholders within the worth chain of “agriculture-to-food” by way of companies; fostering innovation and effectivity. Our work with our clients and stakeholders stays our highest precedence, and this renaming additional renews our dedication to turn out to be a powerful strategic associate for them. From a branding perspective, it’d seem as a small change from Collateral to Commodities however within the lifetime of the enterprise and our presence within the general agriculture trade, it is a large leap.”
Unupom Kausik, president, NCML, stated, “With our imaginative and prescient NCML 2.0, we’d be taking a look at offering end-to-end options to farmers, adhatiyas, processors by way of a solution-based structure. The rationale behind the title change of NCML is the model’s progress past collateral administration and seize the essence of what we do, day-in and day-out. Due to this fact, the necessity was felt to embrace a model id that would painting the corporate’s picture and a broad spectrum of companies to its stakeholders”.
Additional, the NCML brand stays unchanged. This renaming is not going to have an effect on or delay any present or future work commitments. No different features of the corporate construction, equivalent to shareholding, administration, web site, e-mail addresses, and so on., will change. There are not any materials modifications within the operations of the corporate.