LT Foods Plans New Rice Unit in Karnataka with February 2026 Production Start

1 min read     Updated on 23 Dec 2025, 12:10 PM
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Overview

LT Foods Limited has announced establishment of a new manufacturing facility in Raichur, Karnataka, focusing on regional rice varieties with 30,000 metric tons annual capacity. The ₹6 crore investment will be funded through internal accruals with commercial production expected by February 2026, subject to regulatory approvals.

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*this image is generated using AI for illustrative purposes only.

LT Foods Limited has announced the establishment of a new manufacturing facility in Raichur, Karnataka, marking a significant expansion in its regional rice production capabilities. The company informed stock exchanges about this development in compliance with SEBI listing regulations, with production scheduled to commence by February 2, 2026.

Manufacturing Facility Details

The new facility will focus on manufacturing regional rice varieties and converting them into finished goods as packed rice. The company has outlined specific operational parameters for the upcoming unit:

Parameter: Details
Location: Raichur, Karnataka
Initial Production Capacity: 30,000 metric tons per annum
Product Focus: Regional rice to finished goods (packed rice)
Estimated Investment: ₹6.00 crores
Funding Source: Internal accruals
Production Start Date: February 2, 2026

Strategic Market Positioning

Karnataka represents one of India's most vibrant and attractive markets for regional rice, both from a production and consumption standpoint. The state is a significant producer of premium non-Basmati rice and is supported by a large, discerning consumer base with a strong affinity for regional specialties. Varieties such as Sona Masoori and Kolam are staples across South Indian households, with Sona Masoori enjoying widespread acceptance beyond Karnataka in Andhra Pradesh, Telangana and among the global Indian diaspora.

Leadership Perspective

Speaking on the occasion, Mr. Ritesh Arora, CEO-India Business Far East, LT Foods Limited, said, "The move is a strategic step in strengthening our regional rice business in India. Regional varieties such as Sona Masoori and Kolam have deep-rooted consumer relevance and consistent demand, and this investment allows us to further strengthen the value chain from sourcing to processing and delivering a consistent experience to our consumers."

Implementation Timeline

LT Foods' decision to fund the project through internal accruals demonstrates its financial position and commitment to organic growth without external financing requirements. The company has set a clear timeline with production operations expected to begin by February 2, 2026.

Regulatory Compliance

The project remains subject to receipt of necessary statutory and regulatory approvals and clearances as required by law. The company has made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders about this business expansion initiative.

Historical Stock Returns for LT Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+1.93%+0.51%-8.51%+0.10%+112.85%
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LT Foods Appoints Rohit Jaiswal as COO for Middle East Division Growth

2 min read     Updated on 15 Dec 2025, 02:35 PM
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Reviewed by
Shriram SScanX News Team
Overview

LT Foods has strategically appointed Rohit Jaiswal as Chief Operating Officer for its Middle East division to accelerate regional growth and expansion. With 27 years of FMCG experience across multiple geographies and an MBA from IIM Bangalore, Jaiswal will work with CEO Gursajan Arora to shape the strategic roadmap for Middle East and Africa markets. The appointment supports LT Foods' 3.0 vision as a diversified global FMCG company with ₹8,773 crores consolidated revenue and strong growth trajectory.

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*this image is generated using AI for illustrative purposes only.

LT Foods has announced the appointment of Rohit Jaiswal as Chief Operating Officer for LT Foods Middle East DMCC, a step-down subsidiary of the company. The appointment, announced on December 15, 2025, represents a strategic move to strengthen leadership and accelerate growth in the Middle East and Africa regions.

Strategic Leadership Appointment

In his new role, Jaiswal will work closely with Gursajan Arora, CEO of Middle East Business, and will be responsible for shaping and delivering the strategic roadmap for LT Foods' business growth and regional expansion in the Middle East and Africa.

Professional Background and Qualifications

Jaiswal brings impressive academic credentials and extensive industry experience to his new role:

Qualification: Details
MBA: Indian Institute of Management (IIM) Bangalore
Additional Education: INSEAD, France and Stanford GSB, California
Industry Experience: 27 years in FMCG sector
Geographic Expertise: India, Bangladesh, Middle East, Africa, CIS Central Asian countries

Throughout his progressive career, Jaiswal has held multiple functional and business leadership roles in prominent FMCG companies:

Company: Role/Experience
Colgate Palmolive: Previous leadership role
Marico Limited: Previous leadership role
Dabur International: Previous leadership role
Dr Reddy's Laboratories: Previous leadership role

Leadership Vision and Strategy

Commenting on the appointment, V.K. Arora, Chairman and Managing Director of LT Foods, stated: "We are delighted to welcome Mr. Rohit Jaiswal to the LT Foods family. Guided by the LT Foods 3.0 vision of shaping the company into a diversified global FMCG consumer food company, his extensive FMCG experience will bring strong momentum to our growth plans."

Jaiswal expressed his enthusiasm about joining the company, saying: "I am delighted to join LT Foods, a company that is trusted by millions of consumers globally. My joining comes at a time when consumers are asking for healthier and more sustainable food options. My aim is to help us reach more households across the Middle East and Africa with brands that reflect our commitment to quality and care."

Company Performance and Market Position

LT Foods is a leading billion-dollar global FMCG company in the consumer food space, with over 70 years of experience in specialty rice and rice-based foods business. The company delivers products to more than 80 countries across India, the U.S., U.K., Europe, the Middle East, the Far East and the Rest of the World.

Financial Metric: Performance
Consolidated Revenue: ₹8,773.00 crores (FY25)
5-Year Revenue CAGR: 16%
5-Year PAT CAGR: 21%
Global Distributors: 2,000 distributors

The appointment reflects LT Foods' commitment to expanding its international operations and capturing greater market share in key regional markets through experienced leadership and strategic capability building.

Historical Stock Returns for LT Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+1.93%+0.51%-8.51%+0.10%+112.85%
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