National Collateral Management Services Limited (NCMSL) and National Warehousing Corporation (NWC) signed a Memorandum of Understanding today to manage and operate warehouses built and constructed by NWC. The MOU was signed by Mr. Sanjay Kaul, MD & CEO, NCMSL and Mr. Siddharth Ray, Director, NWC.
NWC has been allotted land by the Government of Rajasthan in 8 locations. In each of these locations NWC will be constructing state – of – the – art warehouses with 40,000 metric tones capacity.
About NCMSL:
NCMSL, a national level institution promoted by leading banks, co-operatives and NCDEX, is engaged in providing a bouquet of services in storage and preservation, procurement, collateral management, market intelligence and testing & certification. Currently we manage 402 warehouses all across India.
About NWC:
NWC is in the business of establishment of warehouses.
