In-house R&D

Research & Development Projects

The Company recognizes that Research and Development of new products are imperative for the Company to consolidate, achieve and maintain leadership position in industry. The R&D dept is focused on developing new and innovative products that cater to varied customer segments.

LT Foods Ltd. has for the past several years emphasized Research & Development activities. R&D is considered both important and required for the future growth strategy set for the Company. Though no new products were launched in the market place this year, the stage is set now to spring ahead with several new products over the next two years.

Research work can be divided into Product Development activities and Process Development activities. Consistent with corporate strategic plans, year 2007 was devoted for process development, to build and startup a new parboiling plant in Mandideep. Process (MP) technology selected for this new plant is based on a patent that was filled by the Company in the year 2006. A bold change from traditional process was implemented to advance product quality to a level insisted by our customers in Saudi, Europe and North America.

Process development activities were carried out in a small-scale pilot plant. All MP varieties were evaluated and prototype products produced at the R&D pilot plant. Processes were fine tuned to obtain optimum yields, and best performance on the plate. These efforts delivered excellent results upon startup of the new line.

With the advent of the new Parboiling Plant, we now have starting raw material for several new products. Consistent, odour free, robust grains will be the feed material for several innovative convenience and value added products. To hurry-up to the market of the new products, R&D staffing is strengthened and a new kitchen was added at the corporate office to quickly review and evaluate new products from the R&D labs. Also, some business alliances are being negotiated to jointly develop value added new rice products. The objectives here are to help company to meet new market needs, to address market opportunities, and to add value. Profitable growth is the desired outcome.

Initiative for Value added products

The company is developing value- added products to fulfill the requirement of the institutional buyers, who account for more than half of the revenues in the rice business. The company has already launched a products, i.e. Daawat Chef’s secretz and launch of flavored rice is also in the offing. Apart from Indian market, the company plans to launch these products in North America and Europe, as well.