Welcome to FBIL


Foresight Bullion India Private Limited deals in physical silver which is delivered directly to the customer’s doorstep on a custom-deal basis. All the silver that we sell is guaranteed for a minimum purity of 99.9%.

We procure silver from miners, refiners, importers, and other major suppliers and supply to customers from various segments such as.

  • Retailers
  • Bullion Traders
  • Manufacturers
  • Wholesalers
  • Industrial Users

We are delivering Silver pan India in nine states including Maharashtra,Rajasthan, Gujarat, Chhattisgarh, Andhra Pradesh, Telangana,Karnataka, Madhya Pradesh and Tamil Nadu.

We strongly believe in risk mitigation. In view of this philosophy, we hedge our transactions on the commodity platforms and this hedging ensures that Foresight Bullion India Private Limited is not exposed to the volatile movements in the price of silver.

Foresight Bullion India Private Limited uses reputed logistics and vaulting partners like Brinks logistics, Sequel Logistics and BVC logistics to transport the silver for intra city transfers, internal vault transfers, or delivery to customer premises. The Silver is stored in safe and secure vaults of our vaulting partners. Both logistics and vaulting services are insured.

Foresight Bullion India Private Limited has a comprehensive risk management insurance policy which includes most of the types of risks like Burglary, transit theft, fidelity, premises, personnel carriage, etc.

Foresight Bullion India Private Limited has a stellar reputation in the market for being a professionally run team who are ethical, disciplined and consciously adhere to all rules and regulations of our industry.



Foresight Bullion India Private Limited aims to be the largest and most profitable bullion trader in India by the year 2025.


Foresight Bullion India Private Limited aims to be a world-class enterprise adhering to its long-lasting cultural values with Value Added Services so it can be the first choice for silver consumers.


Viraj Didwania

Viraj Didwania is the founder and Director of Foresight Bullion India Private Limited, one of India’s top 5 silver trading companies.

Viraj is a member of MCX Product Advisory Committee (PAC) and a speaker at various Bullion forums such as India International Gold Convention (IIGC), Dubai Precious Metal Conference (DPMC) and Commodity Experts Ki Pathshala (CNBC-Awaaz).

Viraj has worked as a consultant for Ernst and Young and as an investment banker with Morgan Stanley, both in New York City.

Viraj graduated with dual majors in Commerce from the Business School and Economics from the University of Virginia in 2004.

Viraj is a practitioner of meditation since 1999 and became one of the youngest meditation teachers for the Art of Living (an educational and humanitarian NGO operating in 154 countries) in 2008.

Viraj is a Fellow of the fourth class of India Leadership Initiative Fellows and the Aspen Global Leadership Network.

Our Presence

Our Presence

We are available in the states listed below.

  • Rajasthan
  • Gujarat
  • Madhya Pradesh
  • Maharashtra
  • Telangana
  • Karnataka
  • Andhra Pradesh
  • Chhattisgarh
  • Tamil Nadu

FBIL Values

  • We do not want to be in a credit business, we are OK with lower margins but not with chasing our customer for our own money
  • No long gestation business where we have to wait several years for return on our investment
  • We will never take price risk on silver, the only risk will be the change in premium or discount
  • We are by nature a risk averse company, whatever risky decisions we are forced to take we will brainstorm collectively to mitigate risks as much as possible
  • Each employee will have a basic understanding of all the departments in the company The intent behind this is to reduce friction between departments by each employee understanding the unique pressures faced by various departments.
  • Hiring based on cultural fit is the most important and primary criteria. Before taking technical interviews we will do a cultural fit interview. Personal egos will always be lower in priority than the good of the company
  • Respect and concern for all colleagues is essential, we must maintain a high level of trust amongst employees
  • Lying, cheating and stealing will not be tolerated
  • Everyone will chip in for work whether it is for their department or another department
  • Everyone will take care to minimize expenses, spend the company money as we would spend our own money
  • We will provide context for any request made to a colleague. If we are in an extreme hurry and do not have time to give context we promise to do so as soon as possible
  • If a colleague makes a "mistake" our first assumption is that it is a mistake and not done with bad intention. Only after having a detailed discussion with the colleague in question will we reach any conclusion
  • We will build long term win-win relationships with our major stakeholders at every level of the company.