LT Foods inaugurates new manufacturing facility in Raichur, Karnataka for regional rice.
LT Foods Ltd., a global FMCG company, has announced the establishment of a new manufacturing facility in Raichur, Karnataka, to bolster its supply chain for regional rice varieties like Sona Masoori a...
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Why is LT Foods Limited in the news today?
LT Foods Limited (LTFOODS) is in the news due to the announcement details a strategic expansion by investing in a new manufacturing facility, which is a positive development for the company's growth and market presence in the regional rice segment.
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LT Foods inaugurates new manufacturing facility in Raichur, Karnataka for regional rice.
December 24, 2025, 11:10 AM
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LT Foods Ltd., a global FMCG company, has announced the establishment of a new manufacturing facility in Raichur, Karnataka, to bolster its supply chain for regional rice varieties like Sona Masoori and Kolam.
This strategic move reinforces the company's commitment to its value chain for South Indian rice preferences and aims to capitalize on the growing formalization of the regional rice market. Karnataka is highlighted as a key market for regional rice due to its significant production and consumption of premium non-Basmati rice.
The new facility will have an initial production capacity of 30,000 metric tonnes per annum. Commercial production is slated to commence around February 2, 2026, pending necessary approvals. The project involves a capital expenditure of ₹6 crore, which will be financed through internal accruals.
Mr. Ritesh Arora, CEO – India Business & Far East, LT Foods Ltd., stated that this investment is crucial for strengthening the regional rice business in India, addressing the deep-rooted consumer relevance and consistent demand for varieties like Sona Masoori and Kolam, and ensuring a consistent consumer experience from sourcing to delivery.
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