Ruchi Soya to foray into ready-to-cook segment

Ruchi Soya is planning to enter into the ready-to-cook segment, especially in the breakfast category. The overall ready-to-cook and eat market including organised and unorganised in the country stood at $13 billion in 2013.

At present, the company is into cooking oil, palm plantation and also has products under soya foods, bakery fats and vanaspati products. The company has five port based refineries, three standalone crushing plants, eight integrated crushing and refining plants, one refinery and vanaspati plant and two palm fruit processing units.

Ruchi Soya is the largest player in Odisha with access to 28,000 hectares land in Mayurbhanj, Balasore, Bhadrak and Kendrapara districts.