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DRRK Foods to invest Rs 20 Cr in new facility at Mundra Port to boost rice exports
DRRK Foods, the company behind Crown Basmati Rice, is set to invest Rs 20 crore to establish a state-of-the-art facility near Mundra Port, enhancing its capacity to cater to growing demand in the global rice market.
Dr.G.R.Balakrishnan Oct 22 2024 Indian Ports News

DRRK Foods to invest Rs 20 Cr in new facility at Mundra Port to boost rice exports

 Spanning 17 acres, the new facility will pack 350 metric tons of rice per day and is expected to be operational by February 2025. This development aligns with the company’s expansion strategy and its commitment to delivering high-quality rice products efficiently.

The facility’s proximity to Mundra Port will optimize logistics for DRRK Foods’ rice exports, allowing the company to better serve international markets. This move marks a significant milestone in the company’s efforts to strengthen its position in India’s retail sector and broaden its global reach.

Amit Marwaha, MD and CEO of DRRK Foods said, “This investment showcases our dedication to expanding our operations and delivering excellence in rice exports. With a capacity of 350 metric tons per day, this facility will play a pivotal role in meeting the increasing global demand for high-quality rice. As a brand, we remain committed to innovation, growth, and excellence in every aspect of our business.”

In addition to the Mundra facility, DRRK Foods is planning another unit with a capacity of 600 metric tons per day for paddy processing, either in Haryana or Madhya Pradesh. This project will involve an investment of Rs 60-70 crore, further enhancing the company’s production capabilities and supporting its growth in both domestic and international markets.

Through these strategic initiatives, DRRK Foods aims to solidify its presence in India’s retail sector while continuing to expand its global operations.