Q) What are the Agro Commodities?
Q) What are the Essential Commodities?
Q) Where can I find information about becoming a registered vendor for Bahuvida?
Q) How Bahuvida will act as a partner in supplier and its ecosystem growth?
Q) How does Bahuvida help me improve profits for my agribusiness?
Q) Does Bahuvida take-care entire post-harvest process?
Q) As an individual grower how I will gain maximum from Bahuvida?
Q) How Bahuvida helps in timely execution of sales activities?
Q) What are the business opportunities I get after becoming registered vendor of Bahuvida?
Q) How many areas have been covered so far by Bahuvida and who are the main users?
Q) I only need a small quantity; can I buy just 100kg or a single pack?
Q) Do you sell only in India, and what is the minimum order quantity?
Q) How can I get samples and what are your terms of payment?
Q) What if the commodity that you ship is not the same as the sample?
Q) Where do you procure/source these commodities and how do you ensure quality consistency?
Q) How Bahuvida helps us in getting warehouse receipt finance?
Q) What is Bahuvida’s “Good Growth Plan"?
Q) What is Bahuvida's supply-chain management approach?
Q) How Bahuvida identify and manage key vendors?
Q) What is Bahuvida’s approach to client relationship management?
Q) How does Bahuvida share value with communities?
Q) How Bahuvida handle 3rd party commodity marketing in India?
Q) Who benefits from dealing in commodity futures and how?
Q) How risky are these markets compared to stocks and bond markets?
Q) What is Bahuvida's ambition?
A) Bahuvida Limited is an integrated Agribusiness company with diversified portfolio that includes Agro Commodities, Essential Commodities, Warehouses, Shipping & Logistics. We are one of the India's leading marketers of agricultural commodities. We are committed to helping the India thrive. We create connections across the global commodity markets. We source Grains, Pulses, Cereals, Millets, Seeds, Sugar, Spices, Edible Oils and other essential commodities from producers in the main export areas and supply them to our clients around the globe. This means sourcing, storing them, transporting commodity by road, rail and sea; and delivering them on time, to the quality and specifications our clients expect.
For more than two decades, the people of Bahuvida transforming crops into commodities that serves the vital needs of a growing world. Today, we are one of the India's largest agri commodity traders, with more than 100+ employees, 18 states network and 250+ suppliers serving customers all over the world. With more than 90 products and global value chain we connect the producer to purchaser and enabling our customers making products for foods, feeds and industrial uses.
Discussions may be held on the quotes (often to clarify technical, financial and delivery capabilities). A quote received in response to an RFQ is not final, and the company cannot use it to create a binding contract. The purchase order is an offer from the company to a vendor/supplier to purchase commodity or service according to specific terms and conditions. The company awards the purchase order when a vendor accepts the offer. Click here for RFQ Request
A) Agribusiness is the business sector encompassing farm-related commercial activities. The business involves all the steps required to send an agricultural produce to market: production, processing and distribution. It is an important component of the economy in countries with arable land, since agricultural products can be exported. Companies such as Bahuvida Limited in this industry encompass all aspects of food supply-chain.
The use of new technology is vital to remain competitive in the global agribusiness sector. Farmers need to reduce crop costs and increase yield per acre to remain competitive. By joining hands together with Bahuvida Limited's Cooperative Business Model you are able to increase your market access and also you can improve your negotiating power with respect to acquiring a wide range of domestic market spectrum. Our knowledge and extension services can be a great asset to you; and also our vast network and corporate tie-ups will be makes you to get highest market value for your farm produces, you can also be a part of rate negotiation and decision-making processes at all levels. The challenge remains on you is scale up your farm yield, rest we ensure that the benefits of Cooperative Business Model on a wide scale. This is an inclusive business growth model that aims to support small and medium farmers and rural traders to handle inequality, increase prosperity, and ensure that the benefits of growth are widely shared.
Q) What are the Agro Commodities?
A) Bahuvida Limited categorized its agro commodities as shown below:
Q) What are the Essential Commodities?
A) Bahuvida Limited categorized its essential commodities as shown below:
Q) Where can I find information about becoming a registered vendor for Bahuvida?
A) At Bahuvida Limited, we recognize we are a stronger company when we tap the power of diversity. We have increased our commitment to purchase from diverse, small traders, farmers that are certified as FPO’s by providing an equal opportunity to bid to meet our procurement needs. We want our vendor base to reflect the communities in which our employees and clients live and work.
We take a local approach to procurement. We seek diverse vendors who can provide competitive pricing and qualitative commodities or services for our businesses. We are also looking for diverse vendors who have the capacity to meet our needs, and who can increase efficiency through innovation, technology and low-cost sourcing.
While today we are already working with 250+ diverse vendors across the country, we continue to expand our efforts to associate with vendor partners, especially in large, sustainable supply contracts and business development opportunities. For Bahuvida, vendor diversity is a strategic business imperative, and it is, simply, good business.
If you are an agro commodities supplier and wish to be considered for procurement opportunities with Bahuvida Limited, please register with us.
Note: Vendor registration procedure does not guarantee contract and or business development opportunities, it is depends on duly received RFQ’s from time-to-time.
Q) How Bahuvida will act as a partner in supplier and its ecosystem growth?
A) Bahuvida Limited is one of the few advanced Indian agribusiness companies and smart player in merchant trading of agro commodities and essential commodities. In this era of fast changing business models, Bahuvida supports every change your business is going through. Running your business over a single, integrated supply platform offers visibility across the country and worldwide provides you extra agility to take fast business transactions in this volatile agribusiness landscape. We work as a mainstream partner to many commodity trading firms across the country. Our commitment is long term and we have proved it through serving this industry since 2012 with our innovative approach and product offerings.
Q) How does Bahuvida help me improve profits for my agribusiness?
A) Bahuvida Limited is intelligently approachable and technically crafted for agri traders and processors to have complete control over business transactions and making it profitable one at all levels. It actually helps agri traders and processors follow best industry practices in agribusiness which eventually leads to productivity enhancement and increase in profits. It saves on inventory, improves qualitative business transactions and increases operational efficiency. Bahuvida offers most cutting edge technology trends available for its suppliers/vendors. If you are following traditional agribusiness practices, then you should be practice with Bahuvida where you can enjoy highest returns.
Q) Does Bahuvida take-care entire post-harvest process?
A) Yes, Bahuvida Limited covers entire post-harvest services for all major crops in India. From sourcing, processing, packing and other operations over harvested or procured agri produce are covered. Bahuvida ensures commodities traceability from farm to factory. Barcodes and QR code labels can be printed and pasted on transported goods if required.
Q) As an individual grower how I will gain maximum from Bahuvida?
A) This is an information age and it would be wise decision to adopt smart selling. Individual grower or small farm operator has limited farm resources. He has minimal access to knowledge and advice when it comes to best selling practices. Bahuvida Limited offers a smart business platform in the name of Cooperative Business Model which complies with best industry practices for improving farmer profitability.
6 ways that our Cooperative Business Model is helping to create a thriving rural economy:
Bahuvida saves supply-chain costs, saves time and increase member’s profits by bringing in organized and scientific way to selling practices. It ensures farm to factory traceability. Daily business progress monitoring make your life easier as you avoid running to places to get important sales information. Bahuvida mobile client application improves farmer accessibility and ease of use as you can while selling the farm produces.
Q) How Bahuvida helps in timely execution of sales activities?
A) Good Agricultural Practices or Agribusiness Sales Practices play major role in achieving higher profits. Crop wise sales template/futures are a powerful feature, which leads to generation of a daily To-Do list for all crops and commodities. Sales calendar keeps track of scheduled/futures, completed sales and profit percentages.
A) Permanent Vendorship and Contract Farming models of Bahuvida Limited help you in managing consistent supply of commodity from out growers and optimize your logistics cost. You can register out grower and contract details. Bahuvida assists in providing goods sales practices schedule to all contracts. Our procurement executive will record your sale activity completed by out growers over a mobile device. He can also do periodic supply and demand estimation and prepare post-harvesting plans. You can considerably reduce logistics cost using smart harvest planning based on geographical locations.
Q) What are the business opportunities I get after becoming registered vendor of Bahuvida?
A) Agribusiness and agro commodities trading sector is an emerging sector and there is a rising demand for professional suppliers in India. The sector offers enormous business opportunities from farm to factory level. Bahuvida Limited endeavors to integrate sustainability in the procurement process for its products and services across its diversified business portfolio. We committed to providing products and services that offer best-in-class quality and user experience. With a continually growing portfolio of businesses that use agro commodity and essential commodity products, we endeavors to use sustainably sourced raw-materials with internationally accepted standards. We believe all vendors are important stakeholders in the company and it is imperative to build a culture of mutual trust and respect, interdependence and meaningful engagement. This approach helps in building, strengthening and sustaining harmonious vendor relations across the company's business operations. We invite you to join us on this magnificent journey of innovation and inclusive growth. Get registered and go global.
A) No. If the trade is squared off no sales tax is applicable. The sales tax is applicable only in case of trade resulting into delivery. In-general, it is seller responsibility to collect and pay the sales tax. The sales tax is applicable at the place of delivery. Those who are willing to opt for physical delivery need to have sales tax registration number; Bahuvida will take care of that part as a delivery company on behalf of you, this may affect you in slight price variation, i.e. 1% to 2% case to case or commodity to commodity.
Q) How many areas have been covered so far by Bahuvida and who are the main users?
A) Since inception, Bahuvida Limited established its procurement network in 18 states which covers 549 districts across the country as on 31 March 2019. The 18 states are: Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Maharashtra, Madhya Pradesh, Chhattisgarh, Odisha, West Bengal, Jharkhand, Bihar, Uttar Pradesh, Gujarat, Rajasthan, Punjab, Haryana and Delhi. The main users and clients of Bahuvida Limited are farmers, traders, millers, processors, manufacturers, importers, exporters, multinational companies, civil supplies departments, public sector undertaking companies and so on. The linkages are also provided to MCX, NCDEX and NMCE through their portals to form a close user-group.
Q) I only need a small quantity; can I buy just 100kg or a single pack?
A) Unfortunately No... We only sell in bulk and we do not sell small quantities in wholesale or something like retail to anyone. Sorry.
Q) Do you sell only in India, and what is the minimum order quantity?
A) No. Although we are located in Hyderabad, India and thus serve a lot of Indian companies, we are also selling too many customers in other countries such as Singapore, United Arab Emirates among others. When it comes to minimum order quantity, mostly it is depends on the commodity and the destination. For imported products we require full container loads. Each item may have a different minimum. Talk to us and we will do what we can to fulfill your needs.
Q) How can I get samples and what are your terms of payment?
A) Just contact us on commodities@bahuvida.com and let us know with exact specifications and quantity you are looking for and we will ship a sample to you at free of cost, either within the country or foreign country it’s not a matter. When it comes to payment terms, for new domestic customers we ask for cash before delivery or cash on delivery depends on buyer, commodity, and delivery location. Exports are done by LC at sight, if it is related to huge quantity the Importer shall be allowed Part-Shipment in LC. For established multinational companies, we can do TT on copy docs, these conditions may vary from client-to-client/country-to-country. Our payment conditions can be change from time-to-time (or) any time without prior notice.
Q) What if the commodity that you ship is not the same as the sample?
A) Since the products that we deal with agricultural commodities, there might be minute variation in physical and nutritional property between the sample and the shipment. However, the overall nutritional value should not deviate much from the minimum/maximum specifications. If the delivered commodity does not conform to the specifications by an unacceptable margin, it is within your right to reject the shipment if you are a domestic buyer. We fully guarantee each shipment and will do our best to make sure that you are happy with your purchase.
When it comes to Exports, in-general the contract shall be comes into effect when the Importer and Bahuvida have both initialed and signed on the agreement documents and its appendices by mentioning a global inspection agency name in their Agreement/Contract/PO such as SGS, Bureau Veritas. Once the quality and quantity of the commodity have been approved by the specified agency, then automatically the commodity will be onboard for delivery. Thereafter, negotiations on quality or quantity will not be allowed.
Q) Where do you procure/source these commodities and how do you ensure quality consistency?
A) We source commodities through our PAN India network; we serve as a commodity specific point of purchase for our clients. Deploying our wide range commodity expertise and extensive sourcing network linkages we undertake sourcing of desired commodities at the mandi's or farm gate level. Bahuvida Limited ensures cost-efficient procurement services while meeting quality criteria and specifications of clients. We have rich experience in identification of procurement points, designing sourcing methods, minimizing supply-chain cost and execution of delivery mechanism which ensure a win-win situation for all stakeholders.
We are known for our quality consistency. Our services are certified as per ISO 22000, 45001, and USDA norms, which ensures compliance with the strict norms around the globe. We regularly supply agro commodities to countries having strong food norms like US, Europe, Russia, etc.
A) The mission of the Private Mandi is to ensure that the interests of the small farmers and traders are protected through the growth and development in the warehousing sector. The main objectives are to improve the fiduciary trust of investors and banks, increase liquidity in rural areas, encourage scientific warehousing of agricultural commodities, lower the cost of financing, promote shorter and efficient supply-chain, enhance reward for grading, quality and ensure better price. The warehouse receipts issued by the Private Mandi’s will help the farmers to seek loans from Banks and NBFC’s to avoid distress sales of agricultural commodity during the peak marketing season and to avoid the post-harvest storage loss.
Q) How Bahuvida helps us in getting warehouse receipt finance?
A) Being one of the premium Indian agri commodity trading houses, we at Bahuvida Limited have tie-ups with various Agri Finance lenders, when our vendors needs immediate finance against their commodity we facilitate and process the same within no time. In-general we facilitate this financing to farmers, small traders, millers and our registered vendors through various lenders. As intermediary aggregators our doors are always open to pledge the suppliers’ commodity on our name at our lenders warehouses, we take the end-to-end responsibility of the commodity while processing. You can be sure that you will get maximum percentage in the market by using Bahuvida’s brand image and partner channels. Finally our suppliers can get hassle free returns on their commodity within 24 hours.
Q) What is Bahuvida’s “Good Growth Plan"?
A) "Good Growth Plan" reflects Bahuvida Limited’s belief that agri productivity and supply to meet demand must increase in order to feed the global population which is currently increasing by 2,00,000+ per day (in India it is 45,000+ per day as per the records available at Govt. of India). At the same time, farmland is being depleted in India through urbanization and soil erosion while water resources are under increasing pressure. Indian rural communities such as FPO’s - those responsible for growing food - are often trapped in poverty.
Our “Good Growth Plan” includes specific commitments to address these critical challenges at least post-harvest and supply-chain areas. We committed to bring farmer forefront of the country and back in the profitable position of agriculture. We believe that farmer is the patron of the Indian economy, yet they realize the lowest profits.
Our “Good Growth Plan” initiative supporters endorse a broad-based framework consisting of six major principles for sustainable farmer development to meet the future demands of agricultural products:
Our intention is to make a deep, lasting and positive impact on the farmers and rural communities who provide the world's food security and the long-term sustainability of our planet.
Q) What is Bahuvida's supply-chain management approach?
A) We at Bahuvida Limited strive for an end-to-end integrated approach to designing and operating our commodity supply-chain that combines our buyers’ manufacturing network with an extensive vendor base to ensure our supply-chain objectives match our product strategies. Clear policies define the principles that guide all our sourcing activities around the globe. Our objectives are to ensure that commodities and services are acquired under the best conditions to support our business and that our high standards on corporate responsibility are met. We ensure that our vendors, and Bahuvida employees engaging with suppliers, understand the high standards we expect on issues such as labor practices, business ethics, health, safety and environment as set out in our Code of Business Conduct and Ethics.
We monitor our vendors’ performance through audits and assessments to ensure compliance with our standards and identify opportunities for improvement. Employees engaging with suppliers undergo training on ethical sourcing practices as well as specific training on topics such as fraud awareness. Our aim is for Bahuvida to be the customer of choice for our key vendors. We use our assessment processes and regular, open dialogue with vendors to help us develop strong positive relationships in the market place.
Q) How Bahuvida identify and manage key vendors?
A) Our vendor relationship management approach enables us to manage vendors effectively, promoting strong governance practices, while enabling us to focus on our most critical vendors to maximize value and reduce risks in our supply-chain. The vendor relationship management approach encompasses a clear strategy and process, defined vendor segmentation, clear roles and accountabilities, effective tools and resources, and a commitment to continuous improvement from Bahuvida and our vendors. It enables us to identify our most important vendors from a supply-chain that includes 100+ tier 1 vendors across the country for agro commodities, essential commodities and other raw materials.
The process begins with an analysis of our vendor base using various filters. To segment and identify key vendors each firm/individual is then rated on a number of criteria such as technical, operational fit, location, sustainability, heritage, quality standards, financial health, and strategic alignment with our business, trust, people retention and management. Bahuvida benefits from strong relationships with key vendors and we often strive to form strategic partnerships with vendors for various commodities sourcing purposes.
Q) What is Bahuvida’s approach to client relationship management?
A) We put our client at the heart of everything we do. We look at business decisions and processes through their eyes, enabling us to respond to the needs of our clients. Our approach to client relationship management is well established and delivered by our teams - this provides consistency for our clients and ensures our vision is translated effectively into all of our clients’ interactions.
There are a number of key considerations that steer our client relationship management activities - all are focused on identifying client needs and adding value through the commodities and services we provide. We look at what the market requires and, in particular, what our clients’ needs and demands. We strive to find innovative ways to engage with our clients to respond quickly with information and robust supply-chain solutions.
Q) How does Bahuvida share value with communities?
A) Bahuvida Limited contributes to the economy and farming community of the country where we operate in many ways. The biggest contribution we make to communities is through our agricultural commodities and services which help improve food security for many millions of people. We aim to increase the value that we share with communities by offering training and advice that help millions of farmers to improve productivity, hundreds of small traders to increase trade efficiency, and earn a better living. As our business continues to grow, we also contribute through direct and indirect employment.
We also support local initiatives that address environmental issues, biodiversity, improve access to global markets through technology, increase health and education awareness. We do this through direct financial contributions, in-kind contributions and staff time spent on sponsorship, donation and community engagement programs.
A) Bahuvida Limited’s initiatives such as #FarmerFirst, Good Growth Plan, FEST (Farmers Empowerment & Social Transformation) and ABCDEF (Agri Business Consortium for Debt Empowerment of Farmers) demonstrate how we help farmers and small traders in all parts of the country to better protect their crops and commodities. We accompany our solutions with capacity building initiatives for our clients that range from the dissemination of good agronomy, training in the safety, reasonable usage of agrochemicals, reduce post-harvest loses, biodiversity protection measures, and advice on how efficiently to improve access to global markets for better pricing.
To achieve these goals, Bahuvida and its partners conducting regular training programs. We entered into partnerships with other NGO organizations, industry associations, manufacturers, local organizations and product retailers, to scale-up the initiatives and programs to support their agronomy programs. Our training programs raise awareness and share knowledge. They are part of our commitments to empower farmers and small traders to help people stay safe as outlined in our long term goals. Since we have started these ambitious programs, we already have come a long way.
Q) How Bahuvida handle 3rd party commodity marketing in India?
A) Pulses suppliers around the world can take an advantage of the massive Indian market. We at Bahuvida Limited sell this commodity in India on behalf of our overseas exporters, giving the suppliers access to the Indian market without the hassle of operating an office in India. We operate with 100% transparency and honesty with our suppliers. We can take the end-to-end responsibility of our supplier commodity. We are prepared to shoulder the same throughout the year irrespective of season. Thus we can become an extended arm to our overseas suppliers. Over the years, we have gained the trust of some of the biggest pulses exporters in the world for consignment imports.
We are fortunate to have suppliers in over 15 countries, which allow us to better understand global market trends in agro commodities and essential commodities. This helps us make better educated decisions and advise our overseas suppliers accordingly. Apart from English our staff will speaks world languages such as Arabic, French, Chinese and Hindi etc. Thus it will become very easy to communicate with our overseas suppliers.
A) Commodity Futures are contracts to buy specific quantity of a particular commodity at a future date. It is similar to the Index futures and Stock futures but the underlying happens to be commodities instead of Stocks and indices.
Commodity futures market has been in existence in India for centuries. The Govt. of India banned futures trading in certain commodities in 70s. However, trading in commodity futures has been permitted again by the govt. in order to help the commodity producers, traders and investors. Worldwide, commodity exchanges originated before the other financial exchanges; in-fact most of the derivatives instruments had their birth in commodity exchanges.
The Govt. of India permitted establishment of national level multi commodity exchanges in the year 2002 and accordingly three exchanges have come into picture.
They are:
However there are various regional commodity exchanges functioning all over the country. Bahuvida Limited is holding membership of MCX, NCDEX and NSEL.
Q) Who benefits from dealing in commodity futures and how?
A) Commodity futures are beneficial to a large section of the society, be it farmer, businessmen, industrialist, importer, exporter, consumer etc...
If you are an investor, commodities futures represent a good form of investment because of the following reasons:
If you are an importer or an exporter, commodities futures can help you in the following ways:
If you are a producer of a commodity, futures can help you as follows:
If you are a large scale consumer of agro commodity, here is how this market can help you:
In this Futures segment, we at Bahuvida Limited being a licensed online stock broker we maintain small farmers/traders commodity at exchange level on our name by pledging your produce at exchange approved warehouse near to you. These stocks can be liquidated within no time around the year, but to make it as a profitable exit one should has to express their interest in exit with a minimum notice period of 1 week.
Q) How risky are these markets compared to stocks and bond markets?
A) Commodity prices are generally less volatile than the stocks and this has been statistically proven. Therefore it's relatively safer to trade in commodities as a registered vendor of Bahuvida Limited. Also the regulatory authorities ensure through continuous vigil that the commodity prices are market-driven and free from manipulations. However all investments are subject to market risks and depends on the individual decision. Being a registered vendor/member of Bahuvida there is risk of loss while trading in commodity futures like any other financial instruments.
Q) What is Bahuvida's ambition?
A) We play a vital role in the agricultural supply-chain to safely feed the world and take care of our planet. We will be the most collaborative and trusted brand in Indian agro commodities segment, providing leads and innovations to enhance the prosperity of farmers, FPO’s, small traders, whoever they are. We work across the country with farms of all sizes, cooperative societies, contract farmers, traders, agents, processors, and millers. The company has been growing consistently and enjoys a good reputation in the domestic and foreign markets. Our vision is to make Bahuvida Limited a vertically integrated world-class Agribusiness enterprise by implementing robust supply-chain mechanism. Our #FarmerFirst and Good Growth Plan initiatives are having an increasing influence on our business and taking us nearer to realizing our ambition.