LT Foods has announced the establishment of a new rice manufacturing facility in Raichur, marking a significant expansion in the company's production infrastructure. This strategic investment represents the company's continued focus on strengthening its manufacturing capabilities in the rice processing sector.

Plant Specifications and Investment Details

The new facility has been designed with substantial production capabilities and represents a major capital commitment by the company.

Production Capacity Enhancement

The Raichur facility will contribute significantly to LT Foods' overall manufacturing capacity. With an annual production target of 30,000 metric tonnes, the plant is positioned to serve both domestic and potentially international markets. This capacity addition aligns with the company's strategy to expand its presence in the rice processing industry.

Strategic Investment Overview

The ₹60.00 million investment in the Raichur plant demonstrates LT Foods' commitment to expanding its operational footprint. This capital allocation reflects the company's confidence in market demand and its strategy to enhance production capabilities across different geographical locations.

Operational Impact

The new manufacturing facility is expected to strengthen LT Foods' position in the rice processing sector. The plant's establishment in Raichur provides the company with additional production flexibility and the ability to serve regional markets more effectively. The facility's annual capacity of 30,000 metric tonnes represents a meaningful addition to the company's overall production infrastructure.

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:

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.