26% of NCDEX client- traded turnover came from Gujarat.
Ahmedabad: Gujarat ranks among the top three states in agri-commodities trading on National Commodity & Derivatives Exchange (NCDEX) by both volume and value, according to a senior exchange official. Officials said trading activity has been expanding at nearly 100% CAGR over the past three years, with Gujarat-based Farmer Producer Organisations (FPOs) contributing significantly to overall participation.
Kedar Deshpande, chief business officer, NCDEX, said Gujarat accounts for a major share of client turnover on the platform In 2025-26, Gujarat contributed about 26% of the turnover generated by traded clients,” he said. “Nationally, there are around 1.10 lakh active clients, and Gujarat ranks among the top three states along with Rajasthan and Maharashtra.
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October 8, 2026