India accounted for $49.6 billion in total agricultural exports in 2022 fiscal year with a 20 percent increase from $41.3 billion during 2020 to 2021. The government has taken up certain initiatives to boost agricultural export operations from India such as organizing product specific and general marketing campaigns and B2B exhibitions in different countries through APEDA. Alongside they have built up robust export infrastructure with 220 labs for wide-ranging testing.
The Indian government’s recent focus on increasing farmers’ income is another significant growth factor for the export surge. However, the lack of strong quality control regime in the market and timely delivery are two major points of concern. It is due to the scattered nature of agro export sector Silverark is catering to these dire needs and necessities through its well-structured supply chain.
A Mumbai based agrocommodities export house, Silverark supplies a wide variety of agricultural commodities at reasonable pricing. Being primary the exporter of Rice they provide qualitative variants of Basmati and Non-Basmati rice. A notable Indian exporter to the South-east Asia and Dubai, Silverark pursues stringent quality control in compliance with globally recognized TPIA organizations such as SGS, GEOCHEM, BUREAU VERITAS, etc. Their robust supply chain ensures on-time delivery of products that speak of quality and has earned them a distinct position in the market.
Range of Products
Silverark is a major exporter of Basmati and Non-Basmati Rice offering a plethora of the varieties of these two kinds of rice. Apart from their specialized exports of Rice, they supply Wheat, Maida, Sugar. For Basmati rice, they have the traditional yield, Basmati, 1121, 1509, 1401, PR 11/14/26 Basmati, Sharbati and Sugandha rice. And for the Non- Basmati section, they offer Broken Raw and Parboiled variants of IR 64, Swarna, SonaMasoori, IR 36, Kolam, Ponni, BPT, and Jeera Samba Rice. Silverark exports rice to the Southeast Asian countries such as Singapore, Malaysia, Vietnam and Philippines. They have deployed a team of able staff who visit the mills physically for quality checking. Silverark has a network of competent partners comprising of efficient farmers, millers, distributors and logistics whom they share a strong business relationship with. Silverark keeps the client abreast of the shipment status of their orders and provides complete supply chain visibility from the sourcing to the consignment of the products. They maintain this end-to-end transparency about transit by continual communication with the consumers.
Rounak Bose, Co-Founder
Each customer has different set of expectations. Among all the criteria, quality and timely delivery are the common asks. Rounak Bose, Co-founder/Export Head of Silverark EXIM LLP adds, “We take care of the demands with precision by paying attention to quality checks, meeting deadline and conforming to third party verification. We do not make unrealistic promises in the execution of our services. The business transparency and adherence to ethical practices has helped the company garner the trust of the consumers and expand at such a good scale in the international market.”
Looking Ahead
Asootosh Asawa, Director of Silverark says, “Silverark is consistent at improving their services and modifying their product portfolio at the same time. Hence, they are now aiming to dive deeper in the global marketspace. We plan to expand our market to European and the African regions. We are already in South-East Asian market with wide range of Raw and Parboiled Rice .We are targeting large volumes and executing higher turnover trades with the help of trade financing tools. We have a vision to complete a turnover of Rs.200 crore by 2023 end”, Asawa concludes.
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