April 19, 2024

Deabruak

The business lovers

Deccan Grainz sets up rice processing unit in Telangana

Deccan Grainz Personal Limited, a rice exporter, has established eyes on the domestic market place, seeking to get a share in the branded quality rice.

The company exports its Sona Masoori and other types of rice to the United States, Europe and Australia. It exported ten,000 tonnes of rice in the last monetary yr.

As element of this, it has established up a rice processing device with an yearly manufacturing capability of 60,000 tonnes in Telangana with an investment decision of ₹15 crore.

The processing plant, found in TSII Typical Park at Sultanpur in Sanga Reddy district, is ready for inauguration.

The corporation, which registered a turnover of ₹50 crore last yr, has established a ₹100-crore turnover focus on in the latest monetary yr, Kiran Pola, Chairman and Handling Director of Deccan Team, claimed.