For the fiscal beginning next month, the home-grown retail giant is targetting a revenue of Rs 4,000 crore, followed by five-fold jump to Rs 20,000-crore in five years.
VK Arora, CMD, LT Foods says the company will be expanding in to nutritional products via Daawat rice brand.
LT Foods anticipates good progression and a consistent good growth in the near-term while further cutting down some more finance cost.
Agri-business company LT Foods that exports packaged rice under the flagship brand Daawat said it has developed 50,000 MT capacity Silos in Amritsar for bulk storage of grains.