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LT Foods enters into JVA with Future Consumer, Genoa Rice Mills

07 Dec 2016 Evaluate

LT Foods has entered into a Joint Venture Agreement (JVA) with Future Consumer and Genoa Rice Mills for undertaking the business of manufacturing, marketing, sales, sourcing and distribution of regional South Indian rice ‘Sona Masoori’ as per the terms and conditions agreed under the said Joint Venture Agreement.

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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