FMO weighs $45m investment in Indian agri logistics firm

FMO weighs $45m investment in Indian agri logistics firm

Photo by KML from Pexels

Dutch development bank FMO has proposed a $45 million investment in National Collateral Management Services Limited (NCML), an Indian agricultural commodities storage company, according to a disclosure.

Founded in 2004, NCML provides handling, storage and supply chain management solutions for commodities, in addition to weather intelligence and certification via its laboratories.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter