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LT Foods plans to enter into staple market

12 Dec 2013 Evaluate

LT Foods is planning to foray into staple market in next fiscal year. In this regard, the company is setting up wheat flour mill in Bhopal with installed capacity of 3000 tonnes per month and is likely to launch its product within six months.

Recently, the company launched multi grain snacks in Delhi and NCR on pilot basis. Later on the company plans to launch the product in other parts of the country in aggressive manner.

The company has five state-of-the-art multi-location manufacturing units are strategically located in proximity to high consumption areas that provide cost advantage with easy and uninterrupted access to raw materials.

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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