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LT Foods to set up new rice manufacturing unit in Karnataka

23 Dec 2025 Evaluate

LT Foods is setting up a manufacturing unit for regional rice to Finished Goods - Packed Rice in the state of Karnataka. The unit will have initial estimated production capacity of 30000 Metric Ton per annum and the commercial production is expected to begin by February 2, 2026 or around. The estimated capital expenditure required to set up the unit is Rs 6 crore. The new unit is aimed at strengthening the value chain for the company’s regional rice portfolio i.e. (Sona Masoori, Kolam & Lachkari Rice in South India).

LT Foods, is a leading rice-based food Company with strong global brands of basmati and other specialty rice, organic foods and rice-based convenience products.

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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