LT Foods is setting up a new manufacturing unit in Raichur, Karnataka, to boost its regional rice production capabilities. The facility will process and pack regional rice varieties like Sona Masoori, Kolam, and Lachkari for the South Indian market. Initial production capacity is estimated at 30,000 metric tons per annum. Commercial production is projected to commence around February 2, 2026, pending necessary approvals. The project involves a capital expenditure of approximately Rs. 6 crore, funded through internal accruals.
Manufacturing Expansion in Karnataka
LT Foods is embarking on a strategic expansion by establishing a new manufacturing unit in Raichur, Karnataka. This initiative aims to strengthen its foothold in the regional rice market and enhance its overall supply chain capabilities.
Project Details and Capacity
The new facility will focus on processing and packing regional rice varieties, specifically catering to the South Indian market. The initial estimated production capacity is projected at 30,000 metric tons per annum. This capacity expansion will enable LT Foods to better serve the growing demand for its regional rice products.
Timeline and Investment
The company anticipates that commercial production will commence around February 2, 2026. The project is subject to securing the necessary statutory and regulatory approvals. The total investment for this expansion is estimated at Rs. 6 crore. Funding will be sourced from internal accruals.
Strategic Rationale
This strategic move is designed to further strengthen the value chain for LT Foods’ regional rice portfolio. The new manufacturing unit will focus on varieties like Sona Masoori, Kolam, and Lachkari Rice, enhancing their availability and market presence in South India.
Source: BSE
