The Hindu Business Line : Mumbai to host multiple commodity meet

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Mumbai Jan. 30 A mega event covering multiple commodities of economic significance to the country will be held in Mumbai during February 10 -11.

The important sectors of foodgrains, sugar, pulses, biofuels, horticulture products, food and beverage, alcoholic beverages as also fibres including textiles will come in for in-depth analysis and debate by well-known experts in the field.

"The seminar-cum-exhibition is the first of its kind in the country covering a wide array of products related to agri-business," Mr Kailash Singh, CEO of Tefla's Commodity Interface, the event management and knowledge dissemination company, told Business Line adding that policymakers from the UnionGovernment and the State Government have agreed to address the meeting.

Emerging issues

Emerging global and domestic issues in various dimensions of production, quality, marketing, foreign trade, packaging, risk management and so on will be discussed by expert speakers and top-level corporate executives from India and abroad.

The highpoint of the event will be a discussion on "Price Outlook" for various commodities in which top industry and trade experts will participate. The keynote address will highlight why commodities are integral to India's growth story and how market participants can benefit from an imminent expansion of trade in energy, metals and agricultural commodities.

High level government officials, large corporates, multinationals, major trading houses, financial institutions, traders (both physical and derivatives) and other market participants including service providers such as assayers and warehouse managers are expected to participate.

Providing neutral platform

Queried about the rationale for the intensive multiple commodity event, Mr Singh pointed out that the GDP growth rate of over 8 per cent was pushing demand for commodities higher and creating new investment opportunities.

The event seeks to provide a neutral platform to stakeholders to discuss issues threadbare, arrive at policy inputs and share market outlook, he said.

With integration of Indian market with the global market, the risk perception among market participants is heightened. Risk management tools are available; yet, big stakeholders are constantly looking for reliable peer-tested information to be able to take informed decisions in a market that is both dynamic and volatile.

Event details can be accessed at www.teflas.com.

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