LT Foods Limited — Updates, 17-12-2024: Press Release

LT Foods Ltd. has launched DAAWAT® Jasmine Thai Rice in India, a Non-GMO certified product that brings authentic Thai Hom Mali rice to local consumers. Known for its fragrant aroma and soft texture, this addition enhances the DAAWAT® portfolio, aligning with the company's strategy to diversify and cater to evolving culinary preferences among Indian consumers. The rice pairs excellently with a variety of dishes, including classic Thai curries and fusion recipes, and is available on major e-commerce platforms.

CEO Ritesh Arora highlighted this launch as part of their premiumization strategy to meet the growing interest in global cuisines, while CMO K. Ganapathy Subramaniam emphasized its appeal to food lovers seeking authentic flavor experiences. With a consolidated revenue of around Rs. 7,822 crore, LT Foods is well-positioned to leverage this introduction, catering to the market's burgeoning demand for gourmet products.