LT Foods has inaugurated a new facility in the United Kingdom (U.K.). With this new facility, LT Foods Limited is set to revolutionize the rice market in the U.K. and meet the growing demand for authentic and premium rice and rice-based food products. To ensure consumers experience the finest quality of rice and rice-based food product from the trusted brands of LT Foods, the facility will house the latest technology and infrastructure.

Located in Harlow, the new facility is spread over an area of an impressive 100,000 square feet. This location offers strategic advantages, allowing LT Foods to efficiently serve the U.K. market. To provide a diverse range of options to meet varying consumer demands, the facility will offer both branded and private-label products.

The rice and rice-based food market in the U.K., is worth around £1 billion. To tap this opportunity, LT Foods has made an initial investment of £7 million in this new facility with a commitment of further investment upto £50 million in the coming years. The company is expecting annual revenue to the tune of £50 million over the next 2 years, with a targeted £100 million within the next 5 years.

The company will also provide employment opportunities to local talent. The company has already partnered with 4 leading retailers in the U.K. with plans to further scale this up. Moreover, the facility boasts a production capacity of 60,000 tonnes of rice per annum, setting the stage for substantial growth in the coming years.