THEBUSINESSBYTES
BUREAU
MUMBAI,
FEBRUARY 6, 2026
Tata International on
Friday announced the formation of a joint venture with Mercuria Energy Group,
one of the world’s largest integrated energy and commodities trading houses, to
significantly expand its global trading operations across a wide range of
commodities. The partnership will span energy, metals, agricultural products,
oil and gas, and environmental products, subject to receipt of necessary
regulatory approvals.
The proposed joint
venture brings together Tata International’s decades-long presence, deep market
relationships, and strong operating legacy across global markets with
Mercuria’s extensive scale, sophisticated trading platforms, technology-driven
risk management systems, and deep expertise in global commodities. The combined
strengths are expected to create a robust and agile trading platform capable of
delivering reliable, high-quality trading and integrated supply chain solutions
to customers worldwide.
Designed to trade a
diversified basket of commodities across international markets, the joint
venture will leverage the complementary product portfolios and geographic reach
of both parent companies. It is also expected to accelerate the growth of
Mercuria’s trading activities in India and abroad, while significantly
enhancing the overall scale and global footprint of the platform.
Commenting on the
development, Noel N. Tata, Chairman, Tata International Limited, said, “We are
greatly enthused by this partnership and the multifold opportunities it unlocks
in global commodities trading. By combining Tata International’s credibility,
relationships and market reach with Mercuria’s global capabilities, we believe
the joint venture is well positioned to build a high-quality, scalable and
fully compliant trading platform.”
Marco Dunand, Chief
Executive Officer of Mercuria Energy Group, said India represents a critical
long-term growth opportunity within global trade. “Our partnership with Tata
International establishes a strong platform to expand across priority products
and geographies. Leveraging Mercuria’s global trading expertise, advanced risk
management practices and technology capabilities will support the continued
development and deepening of markets,” he added.
The joint venture
underscores the shared commitment of Tata International and Mercuria to
responsible growth, strong governance standards, and the creation of a globally
competitive commodities trading franchise aligned with evolving market dynamics.
