LT Foods To Set Up New Manufacturing Unit In Karnataka

LT Foods Limited, a leading company in the FMCG (Fast Moving Consumer Goods) and agri-business sector, has announced the establishment of a new manufacturing unit in Karnataka to strengthen its presence in the South Indian market. The company will set up this new facility in Raichur, where regional rice varieties such as Sona Masoori and Kolam rice will be processed. The company will invest approximately ₹6 crore in this project, which will be funded through internal resources.

Setting up a new manufacturing unit is part of the strategy

According to the company, this move is part of a strategy to capitalise on opportunities in the rapidly formalising regional rice market in South India and further strengthen its value chain. The new unit will help in making the entire supply chain, from local farmers to consumers, more robust.

LT Foods stated that the initial estimated production capacity of the new manufacturing unit will be 30,000 metric tons per year. Commercial production is expected to begin around February, after obtaining the necessary statutory and regulatory approvals.

More Readable News:

• Indonesia To Halt Rice Imports Next Year

• What is GI Tag? Meaning, Purpose & List of Total GI-Tagged Products in India

• Telangana To Launch Fertiliser Booking App To Curb Farmers’ Panic

• Centre’s new fortified rice norms spark concern among Punjab shellers

• EU Prepares To Limit Rice Imports From India, Other Asian Nations

• Tamil Nadu Govt Announces New Subsidy Scheme to Set Up 100 Agriculture Value Addition Centres

Strategic focus on the South Indian market

Ritesh Arora, CEO of India Business and Far East at LT Foods, stated that this investment is a strategic step towards strengthening the regional rice business in India. Rice varieties like Sona Masoori and Kolam rice have deep consumer acceptance and sustained demand. The new unit will enhance the company’s ability to source, process, and deliver consistent quality products to consumers. According to LT Foods, Karnataka is one of the most attractive markets in the country for regional rice varieties. The state is a major producer of premium non-basmati rice, and its consumer base is highly aware of regional characteristics and loyal to their preferred choices. Rice varieties like Sona Masoori and Kolam are widely consumed not only in Karnataka but also in Andhra Pradesh, Telangana, and by the Indian diaspora. The company believes that this investment will not only strengthen its presence in South India but also open up new avenues for long-term growth in the regional rice segment.