NeML is India’s leading electronic Commodity Spot Markets and Services Company. Incorporated in October 2006 as NCDEX Spot Exchange, NeML is a wholly owned subsidiary of NCDEX (majority owned by LIC, NABARD, IFFCO, PNB, Canara Bank, NSE). 

NeML has evolved as a thought leader in enhancing the efficiency of regulated primary agricultural markets in the country. With a national presence, the Company has pioneered breakthrough initiatives like Mandi Modernization Program (MMP), e-Finance and e-Marketing and enables state governments to fulfill their food security and price support initiatives leveraging its ecosystems commodity participants, warehouse service providers, assayers and financial institutions.


Agriculture & Farming

Trading & Exchanges

NCDEX e Markets Ltd.

NCDEX e Markets Ltd.'s headquarters in Mumbai, India

This department focuses on creating and maintaining software solutions and providing technical support to users.

Software Development

This department oversees the coordination and support of managerial functions across various projects and initiatives.

Management Operations

The Technology Development team at NCDEX e Markets Ltd. is responsible for designing, building, and maintaining advanced software solutions that facilitate efficient operations in the electronic commodity spot market. This team leverages their expertise in software development, cloud engineering, and full-stack development to implement innovative technologies that support initiatives like the Mandi Modernization Program and enhance platform scalability for various market participants. Their work ensures seamless integration of services and continuous improvement of the digital infrastructure that underpins the company's mission to boost agricultural market efficiency in India.

Technology Development

This department focuses on cultivating future leaders and enhancing management skills through various training programs and developmental activities.

Management Development

This department focuses on overseeing managerial functions and ensuring effective leadership across the organization.

Management Oversight

The Leadership Team at NCDEX e Markets Ltd. is responsible for setting the strategic direction and overseeing the execution of key initiatives within the organization. This team, comprising senior executives across various functions such as HR, finance, technology, and operations, drives innovation and operational excellence while fostering collaboration among stakeholders. They play a pivotal role in enhancing the efficiency of agricultural markets and ensuring the company's mission of supporting food security and price stability in India is achieved.

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Management Operations

Technology Development

Management Development

Management Oversight

Leadership Team