Credit rating agency, CARE has reaffirmed ‘A-’ rating to Freshtrop Fruits’ long term bank facilities worth Rs 10.30 crore and ‘A2+’ rating to company’s Short term Bank Facilities worth Rs 15 crore. The ratings assigned to the bank facilities of Freshtrop Fruits (FFL) continue to derive strength from the experience of its promoters in the fresh fruit export business, benefits derived from favorable location of its export / processing unit, itslong standing relationship with reputed clientele in both domestic and export markets and presence of necessary approvals for its products/processing facilities from concerned authorities.
Freshtrop Fruits is engaged in the business of exports of fresh fruits and vegetables to leading supermarket chains in various parts of Europe. The company is dealing in fresh fruits like grapes, pomegranates and mangoes.
