Shares of LT Foods gained on Tuesday after its organic division, Nature Bio Foods (NBF), announced entry into the business-to-consumer (B2C) segment in Europe with a dedicated processing and packaging facility in Rotterdam, Netherlands.The stock hit an intraday high of ₹505 before trading at ₹501.55 on the NSE, up 2.11% at 2:40 pm.
The new facility, developed at an investment of ₹20 crore will serve as a gateway to the €45 billion European organic market, processing and packaging a range of certified organic staples including rice, pulses, quinoa, flaxseed, and cashews.
The facility is strategically located within Europe’s largest port, allowing efficient access to major retailers and consumers across the continent.NBF plans to invest an additional ₹15 crore over the next three years, with a revenue target of ₹400 crore from its European B2C operations over the next five years.
The new facility, developed at an investment of ₹20 crore will serve as a gateway to the €45 billion European organic market, processing and packaging a range of certified organic staples including rice, pulses, quinoa, flaxseed, and cashews.
The facility is strategically located within Europe’s largest port, allowing efficient access to major retailers and consumers across the continent.NBF plans to invest an additional ₹15 crore over the next three years, with a revenue target of ₹400 crore from its European B2C operations over the next five years.
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“This is a bold step toward strengthening a climate-conscious organic supply chain in Europe,” said Ashwani Arora, MD & CEO of LT Foods. Rohan Grover, CEO of Nature Bio Foods, noted that with rising demand for clean-label and traceable organic products, the company is well-positioned to build a strong foothold in the region.
Nature Bio Foods already services more than 25 countries and claims a 30% share in India’s organic basmati rice exports. The Rotterdam expansion marks a significant milestone in its global growth ambitions.
