- In November 2024, LT Foods, a global FMCG company, expanded into Saudi Arabia by inaugurating a new office in Riyadh. This strategic move aims to tap into the Kingdom's USD 2 billion rice and rice-based food market. Over the next five years, LT Foods plans to invest SAR 185 million in warehousing, stocks, and personnel, targeting revenues of SAR 435 million. With brands like DAAWAT, Hadeel, and Mufaddal, the company seeks to meet the growing demand for premium rice products in the region
- In December 2023, LT Foods' flagship brand, DAAWAT, was honored as the 'Top Brand' in Canstar Blue's dry rice ratings in Australia. The recognition was based on achieving five-star ratings across various parameters, including taste, texture, packaging convenience, variety and range, and overall satisfaction. This accolade reflects DAAWAT's commitment to delivering high-quality rice products that resonate with Australian consumers
- In September 2023, LT Foods expanded its Super Food portfolio by introducing 'Daawat Quick Cooking Red Rice', targeting health-conscious consumers. This nutrient-rich rice is high in phytonutrients and fiber, offering multiple health benefits, and cooks in just 15 minutes. Packaged in a collectible and reusable 1 kg tin, it is available across leading e-commerce platforms and modern retail outlets in various Indian states. This launch follows the success of 'Daawat Quick Cooking Black Rice', reinforcing LT Foods' commitment to providing convenient and healthy food options
