Deccan Grainz has set up a rice processing unit with a monthly processing capacity of 5,000 tonne in Telangana. The unit is located in the Telangana State Industrial Infrastructure Corporation’s General Park at Sultanpur.
The processing plant, equipped with advanced Japanese technology, is ready for inauguration. The company has invested Rs 15 crore on the new plant.
The company exports its premium quality SonaMasoori and other varieties of rice under Deccan Rice brand to Europe, the US and Australia markets.
It is aiming Rs 200 crore revenues in FY22 as demand for rice products has increased across the world. The company is aiming at doubling its export revenues to Rs 100 crore in FY22.