LT Foods has commenced operations its first rice processing plant in Europe at Rotterdam, Netherlands. The company has made an investment of $15 million in the plant with initial capacity of 60,000 tonnes and scope for further expansion in the future.
The company plans to make its most popular ‘Daawat’ brand a household name in Europe using raw material from India. The move will benefit 5000 farmer families in India with brown rice supply increasing from India.
LT Foods is a branded specialty foods company. It is engaged in milling, processing and marketing of branded and non-branded basmati rice, and manufacturing of rice food products in the domestic and overseas market.