Sarveshwar Foods, a premium basmati Rice brand, has obtained a significant export rice deal from Singapore-based Swan International Pte for the supply of Premium Indian Parboiled rice. Notably, the aggregate order stood at Rs. 63 crore. Surprisingly, the brand’s share has risen 4.18% to ₹7.48 after the announcement of a major export deal.
What did the director of Sarveshwar Foods say about this major rice export deal?
Seema Rani, Director, International Business, Sarveshwar Foods Ltd, stated that obtaining export orders of this quantity from a reputed international buyer is a strong indication of the company’s global competitiveness, supply chain strength and uncompromising quality standards.
Furthermore, she stated that this major rice export deal has boosted the company’s growth trajectory in high-margin export markets. Apparently, Sarveshwar Foods has a global food safety certification for export to China and the US. The company’s operations are located in the Jammu region and Gandhidham in Gujarat.
About Singapore-based Swan International Pte
Swan International Pte is a team of experienced professionals with exposure to multiple geographies and industries. It is engaged in setting up a next-generation agriculture supply chain company, powered by technology. Moreover, it is involved in the storage, warehousing, processing, and transportation of farm produce in markets. Sarveshwar Foods is going to make its presence stronger on a global basis through this major rice export deal.