Website www.nafed-india.com | Founded 2 October 1958 | |
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Industry Marketing of agricultural produce |
National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is an apex organization of marketing cooperatives for agricultural produce in India, under Ministry of Agriculture, Government of India. It was founded in October 1958 to promote the trade of agricultural produce and forest resources across the nation. NAFED is now one of the largest procurement as well as marketing agencies for agricultural products in India. With its headquarters in New Delhi, NAFED as four regional offices at Delhi, Mumbai, Chennai and Kolkata, apart from 28 zonal offices in state capitals and important cities.
In 2008, it established, National Spot Exchange, a Commodities exchange as a joint venture of Financial Technologies (India) Ltd. (FTIL).
References
National Agricultural Cooperative Marketing Federation of India Wikipedia(Text) CC BY-SA