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70+
Years of ExcellenceWho We Are
LT Foods Ltd. is a leading Indian-origin global FMCG company in the consumer food space. It is a leading player globally in the specialty rice and rice-based foods business for more than last 70 years. The company delivers the finest quality and taste experiences in more than 80 countries across India, the U.S., U.K., Europe, the Middle East, the Far East and the Rest of the World. The company’s flagship brands include 'DAAWAT®', one of India’s most loved and consumed Basmati brands, Royal®, which is North America’s most loved brand and many more. The company is proudly expanding into the future food preferences of millennials by offering organic food in global markets and supplying organic food-ingredients to leading businesses. The company is committed to nurturing the goodness of food for people, the community and the planet.
It has a consolidated revenue of around Rs. 7,822 crore as of FY’24. It is growing at a 5-year Revenue CAGR of 17% and PAT CAGR of 32%. LT Foods has an integrated “Farm to Fork” approach with a well-entrenched Distribution Network and Global Supply Chain Hubs backed by automated state-of-the-art and strategically located Processing Units in India, the U.S. and Europe, and a robust distribution network with 1,400+ distributors across the globe.
How We Started
LT Foods' story is one of vision, perseverance, and an unwavering commitment to quality, consumer-centricity, and evolving with time. Today, we are a $1 billion global FMCG company in the consumer food space, but our roots trace back to a small grocery trading business in the 1940s, founded by brothers Shri Lal Chand Arora and Shri Tirathram Arora.
It was in this environment that young Shri Raghunath Arora, the eldest son of Shri Lal Chand Arora, learned the fundamentals of sourcing, stocking, and trading high-quality produce. The family primarily dealt in red chillies, pulses, oilseeds, and cotton seeds, building a vast network of farmers and traders across villages. However, Shri Raghunath had a vision that extended beyond traditional trading: he wanted to create a fair, transparent, and sustainable business model that would empower farmers and deliver quality produce to consumers.
By 1950, he identified the potential of paddy and recognized that the people of Khalra (Bhikiwind, Amritsar) would appreciate homegrown basmati rice. He revolutionized procurement practices by introducing a system of fairness and transparency, moving away from the ad hoc methods of the time.
In 1977, Shri Raghunath Arora took a significant step by establishing the family's first rice mill in Bhikiwind. His values and passion for quality were inherited by his sons, Vijay, Ashok, Surinder and Ashwani, who carried forward the family legacy with the same dedication.
With time, the business continued to evolve, and under the leadership of the next generation, LT Foods expanded beyond India’s borders. Driven by unwavering confidence, Shri Vijay Arora’s ambition has always been to establish a sustainable business that consistently delivers a superior consumer experience. This steadfast vision culminated in the inception of our very own brands, leading to the launch of the brand DAAWAT® in the 1980s, which has today emerged as one of the most loved food brands in India and globally.
A 70+ years old legacy
From its humble beginnings, LT Foods has transformed into an India-origin
global FMCG company in the consumer food space.
Our Purpose
To nurture a world of goodness. A world where we sustainably unlock the goodness of food for community, country and planet, thereby creating superior value for our stakeholders.
Our Vision
To be a leading food company with a global presence in specialty rice, rice-based food, organic food and complementary categories that creates sustainable growth, has a positive impact on society and creates value for its internal as well as external stakeholders.
Our Mission
Maintain leadership in our flagship rice-based business while striving to deliver the finest and most consistent food experiences.
Diversify and innovate into complementary food categories based on emerging consumer habits.
Continuously strive to give back to our community in the best way we can
Contribute to the shared growth of our people and deliver superior value to our stakeholders.
Our Core Values
Consumer Centricity
We exist to create delightful meal experiences for families while strengthening their bonds. We continuously strive to provide them with the goodness of nature, nurtured and brought to them through our responsibly nutritious, health-focused meal experiences, quality and organic products.
Commitment To Excellence
We believe in staying committed to being the best at doing what is right. For us, excellence is a responsibility that we aim to follow every day, ensuring it translates into delightful and sustainable products.
Continuous Innovation
Continuous innovation that elevates consumer experiences and caters to emerging consumer needs is at the core of our organization. We are on a journey to innovate at every level across our value chain, from farming, sustainable processes, packaging and products to newer food experiences in line with the ever-changing consumer needs and preferences.
Integrity
We believe in doing what is right and continuously strive to work with trust and transparency. By honouring our commitments, we aim to embody our principles when working with consumers, partners, employees and all the other stakeholders.
Respect For People
We believe in treating our consumers, partners, employees and all the other stakeholders with mutual trust and respect. We strive to follow fair practices and nurture fulfilling and amicable relationships with all our stakeholders.
Responsibility
We are responsible for the betterment and growth of our stakeholders and are responsive towards addressing customer issues proactively. We constantly strive to take measures to ensure safety and sustainability in all our processes and systems.
Phone
0124-3055100
