Q&A with JP Morgan’s head of commodities for India

Indian businesses are keen to learn how to recognise their exposures to commodity price volatility and, in turn, manage that risk, says JP Morgan’s Rahul Eapen. He tells Katie Holliday why the varying levels of knowledge and understanding make the Indian landscape so interesting

India is a major producer of agricultural and metals products, but is heavily reliant on external imports to meet its energy needs. A total of 30% of India’s energy needs are met through imports of oil and coal, according to data from the US Energy Information Administration (EIA) and the country’s rapid industrialisation over recent years has made it a prime target for the origination of carbon reduction projects. Consequently demand for risk management within this emerging market is starting