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LT Foods strengthens supply chain with new manufacturing facility in Karnataka

24 Dec 2025 Evaluate

LT Foods has strengthened the supply chain with new manufacturing facility in Raichur, Karnataka, for regional rice varieties, including Sona Masoori and Kolam. The move reinforces the Company’s commitment to strengthening its value chain for South India’s preferred rice varieties and tapping into the rapidly formalising regional rice market.

Karnataka represents one of India’s most vibrant and attractive markets for regional rice, both from a production and consumption standpoint. The state is a significant producer of premium non-Basmati rice and is supported by a large, discerning consumer base with a strong affinity for regional specialties. Varieties such as Sona Masoori and Kolam are staples across South Indian households, with Sona Masoori enjoying widespread acceptance beyond Karnataka in Andhra Pradesh, Telangana and among the global Indian diaspora.

The new facility will have an initial estimated production capacity of 30,000 metric tonnes per annum. Commercial production is expected to commence around February 2, 2026, subject to the receipt of necessary statutory and regulatory approvals. The project entails an estimated capital expenditure of Rs 6 crore, which will be funded through internal accruals.

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.

LT Foods Share Price

425.55 -5.15 (-1.20%)
05-May-2026 12:39 View Price Chart
Peers
Company Name CMP
Varun Beverages 506.30
Nestle 1464.40
Britannia Inds 5795.35
LT Foods 425.55
Hatsun Agro Product 952.50
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