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LT Overseas got a whooping more than 50% Basmati rice market share in US on acquisition of Kusha Inc of US. Kusha Inc is the leading importer of Basmati Rice from India. Royal is its leading brand there. The move shall help the Indian company further improve its earning per share & shareholder values. This acquisition is the first major step of inorganic strategy & a milestone towards building a global agro products company and a strong market for Basmati rice said LTOL JMD Mr Ashwani Arora. Mr Abhinav Arora, Director of the company added "the competion of this acquisition will allow us to expand our distributor channels and diversify our operations leading to rice manufactuting. Our company shall continue to target & acquire other food industry coroprations to remain competitive& bring more product experiences'. Visit Kusha Website at www.kusharice.com.