LT Foods to Set Up New Rice Manufacturing Unit in Karnataka with ₹6 Cr Capex
LT Foods Limited announced its plan to establish a new manufacturing unit for regional rice products in Raichur, Karnataka. This expansion, subject to necessary statutory and regulatory approvals, aim...
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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 and capacity addition, indicating positive growth and investment by the company.
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LT Foods to Set Up New Rice Manufacturing Unit in Karnataka with ₹6 Cr Capex
December 23, 2025, 06:35 AM
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LT Foods Limited announced its plan to establish a new manufacturing unit for regional rice products in Raichur, Karnataka. This expansion, subject to necessary statutory and regulatory approvals, aims to strengthen the company's value chain for its regional rice portfolio, including Sona Masoori, Kolam, and Lachkari Rice in South India.
The proposed unit will have an initial estimated production capacity of 30,000 metric tons per annum. The company estimates commercial production to commence by February 2, 2026, or around that time, contingent upon obtaining the required approvals.
The estimated capital expenditure for this project is ₹6 crore, which will be financed through internal accruals. This initiative is part of LT Foods' strategy to enhance its presence and offerings in the South Indian regional rice market.
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