Haryana / IN. (ltf) LT Foods, a Global Rice Specialist Company which has presence in more than 65 countries and leading share in India and US with its brands called Daawat and Royal is setting up a plant in Rotterdam. The Indian Company will open a branch on the Maasvlakte in the spring of 2017. The arrival of this reputable Indian Company will strengthen Rotterdam’s food cluster and provide the city with 70 to 100 new jobs.
Rotterdam will be the first European branch for LT Foods, which has its headquarters in Delhi. Aditya Arora, Director of LT Foods Europe: «We are setting up this plant in line with our growth strategy and it will strengthen our position in this segment and help us to expand our portfolio as well». The arrival of such a reputable Company will contribute to the strengthening of trade relations of India and Rotterdam and the region. It will also provide opportunities to attract more Companies from India. India’s economy is growing strongly, and this growth is expected to continue in the coming years. There are plenty of opportunities for the Dutch business community and Rotterdam. Rotterdam’s focus with India will be on among other things Agro-food, Life Science + Health and Chemistry.
LT Foods will lease 12’000 square meters of business space from Prologis. In the Rotterdam branch, brown rice is to be processed and then distributed within Europe. The arrival of LT Foods in Rotterdam is the result of collaboration between Rotterdam Partners, the Port of Rotterdam Authority and NFIA (Netherlands Foreign Investment Agency).
