The SIMEC Group is a multi-faceted commodity business spanning five continents, with extensive operations across Shipping, Industry, Mining, Energy and Commodities. The company was established over 50 years ago by Mr Parduman K. Gupta, who is also current Chairman of SIMEC. In 2016 SIMEC’s turnover exceeded US$ 2.4bn and net assets were valued at US$ 3.2bn. Due to the strength of its financial performance, the Group was recently rated A+ by India’s major credit rating agency.