India, March 28 -- After a stellar performance in the last three years, and with the support of the government, NAFED is set to record a turnover of Rs 20,000 crore and should be able to reach a profit of Rs 450 crore in this year. This is the first time that NAFED has posted such high profits. However, the managing director of the company, Sanjeev Kumar Chadha, understands that the company cannot remain dependent only on procurement and thus, has begun to diversify its revenue channels into retail, bio-CNG and is also exporting and importing agri products on behalf of the government. Edited excerpts from the interview:

NAFED is eying to set up 100 bio-CNG plants across the country. What is the update on this front?

The Ministry of Petr...