Bharat Global Developers (BGDL) has secured a significant ₹650 crore annual supply contract with Tata Agro & Consumer Products. This deal involves the supply of various premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard, sesame seeds, and premium dry fruits like almonds, cashews, nutmeg, and walnuts.
The contract is expected to boost BGDL’s financial performance, with margins projected between 11-14%. With a total order book now exceeding ₹1,500 crore, including major contracts with Reliance Industries and McCain India Agro, BGDL is well-positioned for substantial growth in the agricultural sector.
This collaboration reinforces BGDL’s operational efficiency and commitment to quality, strengthening its market presence and diversifying its revenue streams.
Key Details
- Entity Awarding the Contract:
The ₹650 crore annual supply contract has been awarded by Tata Agro & Consumer Products. - Nature of the Order/Contract:
The contract involves the continuous supply of a variety of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard, sesame seeds, and premium dry fruits such as almonds, cashews, nutmeg, and walnuts. The supplies will be delivered on a phased basis throughout the year, ensuring adherence to quality standards and timely delivery across multiple locations in India. - Awarded by Domestic or International Entity:
The contract has been awarded by a domestic entity. - Time Period for Execution:
The entire contract is set to be executed over a period of 12 months. - Size of the Contract:
The total value of the supply contract is ₹650 crore.