MoneyWorks4Me

LT Foods to set up branch in Rotterdam

21 Nov 2016 Evaluate

LT Foods, a Global Rice Specialist Company which has presence in more than 65 countries and leading share in India and US with its brands called Daawat and Royal is setting up a plant in Rotterdam. The Indian company will open a branch on the Maasvlakte in the spring of 2017. The arrival of this reputable Indian company will strengthen Rotterdam's food cluster and provide the city with 70 to 100 new jobs. It will also contribute to the strengthening of trade relations of India and Rotterdam and the region.

LT Foods is one of the country’s leading processor and exporter of packaged rice foods under the flagship brand “Daawat”. The brand is among the top players in the domestic branded Basmati Rice markets.

Peers
Company Name CMP
Nestle India 1353.10
Varun Beverages 421.80
Britannia Industries 5016.00
LT Foods 422.75
Hatsun Agro Product 1139.40
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