Parker Agrochem Exports was established on August 13, 1993 and is a Kutch-based company. It is part of S R Acharya-led group of companies including Krishna Multiplex, Parker Gold, Acharya Commodity, Radhey Warehouses, Sainath Residency. The group also has a petroleum distribution business.
Import and export of gold and silver is conducted by the company through RBI-nominated agencies and import license holder banks like HDFC Bank, The Bank of Nova Scotia, Axis Bank and Metal Trading Corporation. It deals with imported certified gold and has wide experience in the business of bullion markets all over India. It is attached to suppliers of bullion such as Credit Suisse Bank, UBS, Nova Scotia, Bin Sbat Jewellery - Dubai, MKS - Geneva and other London-based suppliers. Besides this, the company also trades in the futures and options markets.
Under its storage business, Parker Agrochem operates petroleum and edible oil storage tanks with a facility to connect to the port jetty through direct pipeline for loading and unloading ships. It has 14 storage tanks, which are rented and has a total storage capacity of 21,000 MT at Kandla Port. Custom bonded warehouses are also provided for storage to importers and exporters.
The company has diversified into infrastructure and property development, township construction and development. It is also diversifying and acquiring land to develop a SEZ project in Kachchh Gandhidham and is planning for an agro-base mushroom production through a 100% export-oriented unit and gold and diamond jewellery business development.
Business areas of the company:
It is engaged in trading, export and import of gold and silver and has storage tank farm facilities.