Ruchi Soya Continues to grow unhindered by recent allegations of bribing income tax officials.
Ruchi Soya Group the largest producer of soya in India and owner of 17 different businesses is planning on creating a processing plant, although a location has not been decided on yet, the company plans on having the plant operating within 2 years. The company has started oil palm cultivation in many different sectors of india. Ruchi Soya processes approximately .52 million tons of oil palm per annum.
The company already owns 4 oil processing facilities in India, and has been growing at a steady pace. They also have plans to open an oil refinery in Odisha. These plans are a sign of Ruchis continual growth in india. Ruchi Soya has made and implemented several plans to grow. Ruchi Biofuels was a prime example of one of those plans, in which Ruchi Soya moved into the Biofuels industy.
Ruchi Soya started 60 years ago when Shri Mahadevji Shahra invested into the future of the soya bean. Since then Ruchi Group has become the largest soya producer in India. And since then Ruchi Group has diversified into many different markets such as steel, alloys, power generation, infrastructure, real estate, commodities, IT, warehousing, and renewable energy
.
Read more: http://socyberty.com/economics/ruchi-soya-plans-palm-processing-plant-2/#ixzz2q1CIhSfJ
No comments:
Post a Comment