LT Foods to set up new rice plant in Karnataka, capex Rs 6 Cr
LTFOODS · price
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LT Foods is setting up a new manufacturing unit for regional rice (Sona Masoori, Kolam, Lachkari) at Raichur, Karnataka. Initial capacity will be 30,000 Metric Ton per annum. Commercial production is expected by around February 2, 2026, subject to approvals. The estimated capex is Rs 6 Cr, funded through internal accruals. The move aims to strengthen its regional rice value chain in South India.
Modest capex funded internally, supports South India growth. Plant operations begin Feb 2026 subject to approvals.