Subscribe & Stay Informed

Subscribe today for free and stay on top of latest news in food industry

    Close Menu
    Food Infotech
      Facebook YouTube LinkedIn
      Food Infotech
      • Home
      • Processing
      • Packaging
      • Logistics
      • Safety
      • Articles
      • Events
      • Jobs
      • More
        • E-Mag
        • Subscription
        • Newsletter
      Facebook YouTube LinkedIn WhatsApp
      Food Infotech
      Home»Processing

      Nature Bio Foods, subsidiary of LT Foods establishes a new facility in Uganda

      Claus CBy Claus CAugust 4, 2023Updated:August 5, 20232 Mins Read
      LT Foods
      Share
      Facebook Twitter LinkedIn WhatsApp

      LT foods’s subsidiary, Nature Bio Foods has recently established a new facility in Uganda. An initial investment of 500,000 euros would be made by the company towards this facility. According to a company statement, the company expects to earn a revenue of 15 million euros over the next 3-4 years. 

      Read: July 2023 Issue of Food Infotech Magazine.

      LT Foods had in a regulatory filing stated that the new facility will be involved in the procurement and processing of Soya meal and help in the expansion of product portfolio, including chia seeds, sesame seeds and sorghum. The plant is expected to have a production capacity of 10,000 tonnes in the first year and the company intends to scale it up to 18,000 tonnes by 2024.

      Ashwani Arora, MD & CEO, LT Foods stated – “We are delighted to announce the opening of a new facility in Uganda. This strategic move would enable us to de-risk our origin, diversify our products and diversify our origin of procurement. The move demonstrates our agility to adapt to the changing external scenario.”

      Further, Arora added – “We are also focusing on extending the similar model to different origins that will help us drive our overall growth in the organic movement.” 

      Nature Bio Foods is an organic business arm of LT Foods. LT Foods is engaged in the sale of basmati rice through its brands, Daawat and Royal.

      Ashwani Arora LT Foods Nature Bio Foods opening of new facility Organic Foods soybean meal processing Uganda
      Share. Facebook Twitter LinkedIn WhatsApp
      Claus C

      More article from Claus C

      Keep Reading

      Goode Health Delivers Multi-Systemic Health Benefits: Study

      Red Robin Gourmet Burgers, Inc. Announces “First Choice” Plan

      OSULLOC × SHIA: A Partnership for a Shared Vision and Korean Culinary Impact

      Leave A Reply Cancel Reply

      PROCESSING

      Goode Health Delivers Multi-Systemic Health Benefits: Study

      July 15, 2025

      Red Robin Gourmet Burgers, Inc. Announces “First Choice” Plan

      July 15, 2025

      OSULLOC × SHIA: A Partnership for a Shared Vision and Korean Culinary Impact

      July 15, 2025

      Jams In Partnership With Walmart Launches Nationally Across America

      July 15, 2025

      PACKAGING

      C-P Flexible Packaging Earns Top BRCGS Rating (AA+)

      C-P Flexible Packaging (C-P) has earned the highest rating—an AA+ rating —for the BRCGS Global…

      Rørosmeieriet Unveils Low-Carbon White Carton for Coop’s Änglamark Milk

      Norway’s organic dairy trailblazer, Rørosmeieriet, has stepped up once again as the first mover in…

      ULMA Packaging Wins GOLD Award for Sustainability from BIMBO Group

      ULMA Packaging has been honored with the GOLD Award for Sustainable Suppliers granted by BIMBO…

      © 2025 FOODINFOTECH.COM.
      • Home
      • About Us
      • Terms of Service
      • Privacy Policy
      • Contact Us

      Type above and press Enter to search. Press Esc to cancel.