Mumbai, June 22 -- National Stock Exchange of India (NSE) and Bharat Metal Exchange (BME) have signed a memorandum of understanding (MoU) to jointly promote the development, awareness and adoption of non-ferrous metal derivatives in India.

The collaboration brings together NSE's derivatives market infrastructure and BME's expertise in the non-ferrous metals trade and industry ecosystem. The partnership aims to strengthen market participation, improve price risk management practices and support the development of hedging tools for stakeholders across the non-ferrous metals value chain.

India is among the world's largest consumers of industrial metals such as copper, aluminium, zinc, lead and nickel. NSE and BME said the growing demand fr...