Bunge Corporate | Who We Are

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Our History

In the year 2000, Bunge Limited, an NYSE listed company opened a liaison office in Hyderabad and another at Delhi mainly to help it gather industry information regarding edible oils and soy meal. Later Delhi Office was closed and operations were shifted to Hyderabad.

Bunge Agribusiness India Private Limited ("Bunge Agri") was incorporated as a private Indian company in Hyderabad to undertake trading operations, mainly ex-tank and High seas sales. As a part of its India strategy to expand its presence in the retail side of business, Bunge India acquired the edible oils/Vanaspati business and bakery fats business of Hindustan Unilever Ltd.(HUL) on a slump sale basis in August 2003. With this acquisition came iconic and heritage brands viz "DALDA", "Masterline", "Lily" etc.

In 2004 Bunge Agri was merged into Gee Pee Ceval Proteins & Investment Pvt. Ltd. and the name of Gee Pee Ceval was changed to Bunge India Private Limited ("Bunge India").

Bunge India diversified its portfolio and launched range of edible oils marketed under the iconic brand "DALDA" by setting up its own distribution network in 2006.

In February 2012, Bunge India acquired the edible oils and fats business of Amrit Banaspati Company Limited (Amrit Banaspati) along with the Gagan and Ginni brands. To cater to the ever increasing market demands, massive expansion of existing plant at Trichy and Bundi were also undertaken and completed.

In the year 2013 Multi oil Greenfield refinery was successfully commissioned at Kandla. Bunge India has used some state of art technology for the refining and commissioning of Kandla factory.

Kandla factory of Bunge India has undertaken massive expansion projects which was started in 2016 and was completed within record time. In order to strengthen Bunge India's Bakery segment brand called "Enhance" was successfully acquired along with the business associated with the said brand in the same year.

Currently Bunge India is having 1166 employees across India including factories.

In current year i.e. year 2018 Bunge is also celebrating its 200th year. It truly believes in its mission "Feeding the world".

“It has come to our attention that certain unscrupulous individuals have been fraudulently representing themselves to be a part of Bunge India Pvt. Ltd. (BIPL) and seeking money from the general public by issuing fraudulent offers and promotional schemes and unauthorizedly using and imitating BIPL’s logos, brands, website layout, etc. The general public are hereby cautioned not to deal with any such entity(ies) making fraudulent offers/promises, or to pay or transfer any amount on the basis of such offer/promise. BIPL shall not be held responsible for any loss and other consequences suffered by anyone responding to such fraudulent communication. Any person coming across such activities are requested to intimate BIPL at [email protected] or 1800 266 8989.”