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Sarveshwar Foods’ arm secures order worth Rs 44.5 crore
Nov-27-2024

Sarveshwar Foods’ wholly-owned subsidiary -- Green Point has secured 12,000 MT order for Indian Long Grain Parboiled Rice from Monarda Commodities. The total value of order is around Rs 44.5 crore. This order represents a substantial addition to its subsidiary’s revenue pipeline and make it convenient to achieve its annual targets. 

This order is part of the subsidiary's strategic drive to achieve over Rs 200 crore business during the current fiscal year. This order further strengthens Sarveshwar Foods position, with the global rice-based products market expected to grow from $26.36 billion in 2023 to $361.41 billion by 2031, driven by increasing demand for gluten-free alternatives.

Sarveshwar Foods is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets.


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