Ruchi Soya and RF Solutions take the lead on sustainable soy from India

India's largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy.

Mr. Sarvesh Shahra, Business Head, Food and Specialty Products Division said, "The market is clearly shifting towards sustainability and is demanding sustainably produced agricultural products. Ruchi Group is working closely with the famers in India for the past three decades. This is the right time for Ruchi Soya to take the lead in developing India's first long term sustainability program and offer its customers a completely integrated solution. The European Union is a key and priority market for Non-GM Soy products. Along with RF Solutions, Ruchi Soya will now provide its customers, the right solutions for sustainability and meet all the future demands from India. This initiative will help brighten the lives of millions of farmers across India and farmer livelihood development has always been at the core of Ruchi Soya's corporate philosophy. Ruchi Soya is proud to be a partner in this initiative, our commitment to Non-GM foods is reiterated with this global alliance."

With a proven track record on sustainability programmes in Brazil, Canada and France, The ProTerra Foundation is a valuable partner of the validation programme. Solidaridad has been working for many years in assisting farmers with sustainable practices and has been developing farmer programmes in India now for about 5 years.

The programme's starting point is the purchase of 12,000 RTRS credits followed in the near future through the purchase of 12,000 MT of certified beans. This will help over 10,000 certified farmers in the programme and additional 20,000 farmers who are improving their practices to become certified. The sale of certified non-GMO lecithin and soya meal shall gradually increase in the coming years under the programme.

Meanwhile, Solidaridad plans to increase the farmer training programme to reach 70,000 farmers in the coming 2-3 years in India. The certification of groups of farmers and the verification work under the ProTerra Standard will be carried out by Cert ID, a company that has been in the Indian Non-GMO market for over 10 years.

The values estimated for buying the soya beans in India and for fostering the sustainability programme will be acquired and paid to the stakeholders in the programme through the sale of products under Chain of Custody Certificates in Europe. This will enable Ruchi Soya to buy the beans physically from the farmers who are participating in the programme, but most importantly, contribute to improving their livelihood and well being.

About Ruchi Soya Industries Limited:

 

Ruchi Soya is India's leading FMCG Company, India's number one cooking oil and soya food maker and marketer. Ruchi Soya has a turnover of over US$ 5 Billion and is an integrated player, from farm to fork. Ruchi Soya has secured access to oil palm plantations in India and other key regions of the world. Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.

About RF Solutions:

 

Established in 2009, RF Solutions introduced the Ruchithin soya lecithin from the Indian company Ruchi Soya Industries Limited onto the European market. Incorporating the sales and marketing experience as well as the technical expertise of RF Solutions. RF Solutions has enabled Ruchi Soya to become the industry leader in full traceable Non-GMO soya lecithin. Other ingredients RF Solutions successfully markets today include Ruchi Soya's fatty acids, tocopherols. soy meal and guar gum split.

Synergising CSR with business remains a big challenge

Spending on corporate social responsibility is set to shoot up by around Rs 27,000 crore per year in India

Dinesh Shahra, Founder and Managing Director of edible oil manufacturer Ruchi Soya Industries, is a happy man. Spending on corporate social responsibility (CSR) is set to shoot up by around Rs 27,000 crore per year in India. The mandatory giving has been welcomed by some companies, who have given the Bill a thumbs-up.

“The Companies Bill has made CSR mandatory for corporates above a certain threshold. Ruchi Soya has been dynamically doing CSR for over three decades now. We don’t see any hurdles or issues in the new system,” says Shahra.

Ruchi Soya has been actively involved in CSR since 1976. The social initiative programmes are carried out in a sustainable manner through village participation. “It is our policy to work with reputed non-governmental organisations (NGOs) who are like minded,” adds Shahra.

Rana Kapoor, CEO of YES Bank, also believes the Bill will have a positive impact.

“It will provide regulatory clarity and a framework for organisations to deliver on their CSR goals within the larger social and environmental sustainability context,” says Kapoor.

He pointed out that banks play a central role in the economy as financial intermediaries and needed to act as catalysts of CSR and sustainable development. Kapoor adds that CSR activities at YES Bank, “are not just ethical imperatives, but a sound business decision. The bank has focused on the triple bottom line ethos of People, Planet and Prosperity to create enduring value and CSR, and stayed away from traditional philanthropy.”

Ranjita Menon, the ‘Strategic Giving Manager’ at IT major Dell, says that organisations are quickly evolving into responsible and dependable contributors to societal well-being through their CSR initiatives.

“We have put a framework in place since 2009, and we don’t see any hurdles to taking it ahead,” she added.

Praj Industries' Executive Chairman Pramod Chaudhari termed the Bill an excellent initiative by the Government, and one that would encourage the concept of inclusive growth. “The Bill will facilitate larger inflow of funds towards developmental purposes and encourage companies to be socially responsible,” he says. He added that in the case of companies that have been spending much lower amounts, “it would amount to a big shift. This will lead to large sums being available for CSR spends.”

MANY CHALLENGES

At Gati, a distribution and supply chain company, Sanjeev Kumar Jain, Director - Finance, feels the requirement to constitute a CSR committee put in place a policy would ensure structured spending on CSR. “This would also facilitate measurability of CSR initiatives and thereby credibility,” he said.

Jain, however, pointed out that there are several challenges. “Synergising CSR with business remains a big challenge. CSR activity could be used as a public relations tool, rather than to do real work. Moreover, perceptional differences among various corporates could pose challenges for implementation of the provisions of the Companies Bill in spirit. Aligning attitudes of various stakeholders towards successful implementation of CSR would also be a tough task.”

The new Bill states that companies that fail to spend two per cent of their net profit on CSR have to explain why they have not met the requested target.

Pessimists among corporates says one of the major problems with the law is that it measures philanthropic work in purely monetary terms.

“CSR activities can come in many forms and might include a company making efforts to reduce its environmental footprint or donating its expertise to worthy causes. At a time when most of the world has moved beyond philanthropic CSR towards promotional, strategic and transformative approaches, the new Bill mandates that some corporates continue to remain stuck in an outdated charitable mindset,” said an official at a steel major, requesting anonymity.

CLARITY NEEDED

YES Bank’s Rana Kapoor, says that while it is a globally pioneering initiative to streamline and accelerate CSR in India, corporates are keen to have further clarity on the provisions, as also tax benefits if any, in order to ensure tangible outcomes.

An official at a fast moving consumer goods company added that the Bill tends to permit CSR activities in a very restrictive way and has identified only eight categories where CSR activities can be undertaken.

“Why restrict it to just eradication of extreme hunger and poverty, education, environment sustainability, employment enhancing vocational skills, gender equality, etc? There are so many other areas where one could conduct CSR,” he added.

PROJECT MODE

Praj Industries’ Chaudhari, too, highlighted some hurdles.

“As per the bill, more than 90 per cent of spending on CSR activities shall be in ‘project mode’.

In most companies, presently a very small percentage of spending on CSR is towards activities in project mode.

It will require a lot of effort on the part of companies to identify reliable NGOs and project themes.

Since companies are also expected to have a scientific baseline survey, monitoring, documentation and evaluation of the projects, most will have to gear up to face this challenge.''

He added that mere donations towards philanthropy or charity would not qualify under CSR spends.

Yes Foundation was launched last year to extend Yes Bank’s sustainability footprint by supporting stakeholders such as NGOs.

As Kapoor puts it: “All sectors of the economy have to play a role and become CSR and sustainable development catalysts, as it can have a far-reaching positive impact.”

Ruchi Soya in joint venture for tomato products

Joining hands: (from left) Yasuharu Fujiyoshi, COO, Food Products & Services, Mitsui & Co. Ltd along with Dinesh Shahra, Founder & Managing Director, Ruchi Soya, and Hidenori Nishi, President, Kagome Co. Ltd to announce the joint venture at a press conference held in Mumbai on Monday. — Paul Noronha

FMCG company Ruchi Soya Industries today signed an agreement with Japan’s Kagome and Mitsui to set up a joint venture (JV), RuchiKagome, to manufacture tomato products in India.

“Currently the total annual demand for processed tomato in the country is two lakh tonnes. We are planning to launch a range of tomato products along with Kagome,” Dinesh Shahra, Managing Director and Founder of Ruchi Soya said.

The company is looking to gain about 20 per cent market share in this segment in the next five years.

Ruchi Soya will have 40 per cent stake in the JV and the rest will be held by a special purpose company (SPC) created by Kagome and Mitsui. Kagome and Mitsui own 66.7 per cent and 33.3 per cent stakes respectively in the SPC.

RuchiKagome will set up a manufacturing unit in Maharashtra with initial investment of Rs 44 crore and the commercial production will begin from June 2014, Shahra said.

The company is planning to procure tomato directly from the farmers in the western region, he said.

In the first phase, RuchiKagome will target business-to-business model in markets in and around Mumbai, NCR and Bangalore and is expecting Rs 340-crore revenue, then it would move to the business-to-consumer, he said.

“We will also look into exporting our products to countries where our JV is present. However, our initial focus will be on the domestic market,” he said.

India is the second largest tomato producer in the world with 17 million tonnes production annually after China.

Kagome is a leading tomato product company in Japan and supplies food and beverage products in 50 countries.

A substitute for the pricey dal

The humble dal, long considered a staple diet of the Aam Aadmi, has seen a near 40 per cent price escalation over the past two years.

The prices of some pulses such as arhar, masoor, moong cost close to Rs 90 per kg. There may be some relief around the corner for the long-suffering households.

These protein rich pulses may now lose its status as a staple to a cheaper substitute that is emerging from the soya industry.

Edible oil manufacturer Ruchi Soya Industries has come out with a substitute which will be 40 per cent cheaper and 30 per cent higher in protein than the ‘Tur or Moong’ dal. Not only that, it will also taste exactly like the yellow dal.

The company is already piloting the project “Dal Analogue” under Feed Programme initiated by the Union Government in Andhra Pradesh and will be replicating this project in Madhya Pradesh and Gujarat.

Apart from the price, this soya substitute is also a healthy alternative, which will address the problems of malnutrition and low protein intake among the poor. Interestingly, India is the world’s largest producer as well as importer of pulses.

Over the last 50 years, pulses production has been stagnant leading to a decline in per capita consumption and rising imports.

The company, which has oil brands such as Nutrela and Mahakosh, plans to brand and sell this affordable soya-based dal in the rural market initially.

“We have invested around Rs 125 crore for the project that includes a plant near Indore. With rising prices of pulses in India, it also becomes an attractive business proposition,” said Dinesh Shahra, Managing Director, Ruchi Soya Industries.

The process of ‘Dal Analogue’ involves mixing protein rich soya beans with other vital ingredients. Also, as it is made from inexpensive raw materials, it is close to half the price of Tur dal, Shahra added.

In Andhra Pradesh, the company is supplying the soya-based dal for the Government’s ICDS scheme that benefits 3.75 lakh citizens.

“We are also supplying to kitchens of Nandi Foundation and Akshya Patra (Rajasthan and Andhra Pradesh) for their school feeding programmes. Thus we are already reaching to over 1.3 million Indians on a daily basis,” he said.

The processed soyabean can also be an attractive and low-cost way of improving the protein consumption of the poor, he added.

IPL 6: Ad spends trickle in from FMCG players

TAM ratings released through SET Max for the first five days of the IPL 6 stand at an average of 3.9 (almost the same as last year).

FMCG majors such as HUL and P&G may be staying away from IPL 6 but other players in the same category are jumping on board. While beverage players might have a reason to use IPL to create visibility during summer, there are also non-beverage companies such as ITC, Marico, Godrej and recently even new advertisers such as Ruchi Soya who are targeting IPL this season.

Sandipan Ghosh, AVP Marketing, Consumer Brands Division, Ruchi Soya Industries, said, “This is the first time that the soya brand of Nutrela is being advertised on IPL. In these two months, the tournament will rule the roost in terms of TV ratings and we wanted to leverage it to establish the different usages of the Nutrela brand of soya chunks and granules through our latest campaign.” Nutrela is the flagship brand of Ruchi Soya Industries.

“IPL is also proving to be more cost effective this season and we have picked certain matches during the tournament to build visibility for the brand,” added Ghosh.

But media planners are not exactly enthused by IPL ratings this season. Gautam Kiyawat, CEO, Madison Media, says, “IPL ratings are almost the same as last year and maybe even a little down. Every client buys on the property based on the needs and brand objectives. Clients buy on IPL in the context of what else is available to buy during the season.” Madison Media has clients such as Ruchi Soya and Marico and has been buying airtime on IPL’s official broadcaster SET Max on their behalf.

In fact, there are companies who are on wait-and-watch mode before investing in IPL. For instance, powdered drink concentrate maker Rasna has assigned Rs 35 crore ad budget for the summer but is not jumping on the IPL bandwagon immediately. “We are waiting for ad rates to go down even further for the tournament. Last year, we had bought spots for the last few matches towards the end of the tournament. TV ratings are still not adequate compared to last year and we are still exploring the possibility of buying into the property,” said Piruz Khambatta, Chairman and Managing Director, Rasna.

Meanwhile, TAM ratings released through SET Max for the first five days of the IPL 6 stand at an average of 3.9 (almost the same as last year). Neeraj Vyas, Business Head, SET Max, said, “While there may be no novelty factor for IPL compared to its first season when ratings hovered around 4.5, it is still a complete entertainment package and a mature tournament today.” SET Max, the official broadcaster of IPL, has increased its advertising spends by 10 per cent this season (average spends are usually between Rs 18 crore and Rs 20 crore) with a new campaign by JWT featuring Farah Khan.

Brands celebrate Durga Puja

From serving soya nugget dishes for Mahabhog (big feast) to coaxing consumers to help build a structure of the Dhaki (the iconic drummer) with cans and bottles, companies are looking at several ways to soak up the festivities of Durga Puja which kicks off tomorrow.

Beverage major Coca-Cola India is undertaking a consumer engagement initiative by installing drop boxes at key outlets for its consumers to drop in crowns, cans, caps, bottles and labels of Thums Up in cities such as Kolkata.

The company will use this ‘Thums Up currency’ to build 25-foot tall structures depicting Dhaki, the drummer, around select Puja Pandals across West Bengal.

Debabrata Mukherjee, Vice-President, Marketing and Commercial, Coca-Cola India, said, “Coca-Cola has always been actively involved with the various festivities across the country. This Durga Puja, we plan to use brand Thums Up to build up the iconic symbol of Durga Puja, which will depict the essence of the festival through these installations and bring the entire community together.” The installation will be built in collaboration with artist Piyali Sadhukhan. The company will do other branding and consumer engagement activities across other key cities.

Ruchi Soya says it will be co-ordinating with select Puja committees to help them rustle up dishes using Nutrela soya products to be served at the Mahabhog for the Ashtami Puja on October 12.

Sandipan Ghosh, VP-Ruchi Soya, said the company thought the experiential marketing activity, would help break the clutter during Puja. “Bhogs (feasts) are organised on three days during the Puja, but the Ashtami Mahabhog is considered the most important, and we have chosen this day for the activation. We will be partnering with nearly 29 Puja Committees in Kolkata to provide them with Nutrela soya packets to be prepared for the bhog,” he said. Besides banners of the brands, the people serving food during Mahabhog will also be wearing branded aprons. The brand is looking at other branding opportunities in Mumbai and Delhi.

Besides scaling up visibility during Durga Puja, brands such as Ruchi Soya and Emami will also be organising visits of celebrities to Puja Pandals as judges for tasting contests.

Ruchi Soya recognized as largest processor in India

Ruchi Soya Industries Limited has been recognized by the Solvent Extractors Association (SEA) of India for being the largest processor in the country. Ruchi Soya was acknowledge for its leadership in the Indian edible oil industry at the SEA Awards 2013". Ruchi Soya Industries managing diectorDinesh Shahra received the awards on behalf of the company at a ceremony held in Mumbai on Sunday.

Ruchi Soya Industries diversifies into tomato processing

Ruchi Soya Industries, a fast-moving consumer goods (FMCG) company focused on edible oil, soya products and margarine, plans to foray into tomato processing. The company has entered into a joint venture (JV) with Japanese tomato processing company Kagome Co Ltd and with Mitsui & Co Ltd, which has presence in trading, investment and services. The JV will be called Ruchi Kagome.

In the new JV, Ruchi Soya will have 40 per cent stake and 60 per cent will be held by a special purpose vehicle (SPV) created by Kagome and Mitsui, which own 66.7 per cent and 33.3 per cent share each in the SPC.

The first processing unit will be set up in Maharashtra with an initial investment of Rs 44 crore and commercial production will begin by June 2014. Land for the unit has been identified.

The JV plans to launch premium tomato purees, sauces, ketchups and other world-class products in India. Ruchi Kagome will work closely with Indian farmers. It will distribute higher yielding seeds and share global knowledge to educate local tomato producers, and set up local support centres.

Dinesh Shahra, founder and managing director of Ruchi Soya, said, "We are planning to launch a range of tomato products. These products will be marketed in both the business-to-business (food services) segment and the business-to-consumer (retail) segment."

The company will also educate farmers on choosing better crop suitable for processing and may also enter into buyback arrangements, subject to commercial viability.

Ruchi Soya to set up oil palm processing plant in orissa

FMCG player, Ruchi Soya Industries Limited is planning to set up a palm oil processing plant in the slate by next year with an Investment of Rs 25-30 crore.

Founder and managing director of the company Dinesh Shahra said Friday that the company has joined hands with the farmers to cultivate oil palm in 28,000 hectare of land in Mayurbhanj, Balasore, Bhadrak and Kendrapara districts.

The construction work will start sometime next year and will he completed within 18 months when it will be operational, he informed.

Under a tripartite agreement with Odisha government and farmers, Ruchi Soya has exclusive rights to procure Fresh Fruit Bunches (FFB) of oil palm from farmers. Upon receipt of the raw material from the farmers, the company will pay to the farmers on every 20th day directly through their bank accounts. There are no middlemen in the transaction, he said.

"The entire process is transparent. Rates of FFB are linked to international prices of palm, thus availing benefits of global markets to local farming community," he said.

Since Odisha occupies an important position in the company's operations, Ruchi Soya has decided to establish a plant in the state to manufacture crude palm oil at an investment of Rs 30 crore, Shahra said, adding, the plant will be operational in one of the four districts under oil palm cultivation in two years.

Ruchi Soya may initially set up 10 tonnes per hour FFB processing mill. Presently, we are associated directly with over 4,000 farmers. At present, over 6,000 persons are directly or indirectly linked with this project which has a larger employment generation potential, he said.

Voicing concern over huge imports of edible oil, he said over 50% of edible oil consumed in India comes through import. Total imports of vegetable oil, including crude and refined, is set to hit a new record of 10.8 to 11 million tonnes this year, Shahra said.

With a potential of 56,000 hectares land suitable for oil palm cultivation, Odisha can play a pivotal role in enhancing palm oil production in the country, he added.

Ruchi Soya surges on JV with two Japanese firms

 Mumbai:   Nutrela Soya Food has launched its television commercial. The product is being promoted through a tagline which is in sync with the brands positioning- "Roz Kuch Naya, Roz kuch Soya."  

The objective of the TVC is to highlight the versatility of Nutrela Soya Food and therefore to make it as an integral part of a households day-to-day meal.

The campaign will be spread across eight weeks with a TVC breaking first during the ongoing IPL season and then followed with other channels that include Hindi GEC, regional GEC and lifestyle channels.
The company has also scheduled for a product sampling across women's magazine along with recipe ads/booklet to explain the usefulness of soya.

The new 30 second Nutrela Soya Food TVC has been depicted from the backdrop of a leisure trip where a couple enjoying their meal and is later joined by one of their couple friends. The TVC is thereby trying to acknowledge the creativity and versatility of the home-maker, by acknowledging her as food designer.

The TVC has been conceptualised by Soho Square Mumbai and produced by Apocalypso. Meawhile, Madison Media is the media agency on the account.

Soho Square Mumbai ECD and creative heads Satish deSa, Anuraag Khandelwal said, "We set out to get soya out of the blind spot, and into the limelight. To get the world to acknowledge it for what it really is - versatile and creative. We went about doing this by first acknowledging the house-bound wife for what she really is - versatile and creative. 'Food designer' status, we believe, is one of the acknowledgments she truly deserves."

The concept of the TVC is giving credit and gratification for house wives, as she is the only person who doesn't get either monetary or emotional gratification as against the working men or women. Hence, the company decided to acknowledge the creativity of the home maker by providing her a product (Nutrela Soya Food) that can be integrated well with every dish and thus enables her to make "Roz Kuch Naya".

RSIL AVP - marketing - consumer brands division Sandipan Ghosh added, "Home makers or Super Moms constantly aspire to bring in variety in food which is healthy and tasty and cuts across different consumption occasion for their kids, spouse and family in everyday life. We wanted to bring Nutrela Soya to the party as it is an extremely versatile ingredient. Thus, the effort is on increasing consumption by creating awareness on everything that can be done with soya."

Just 2/250:Ruchi Soya,ITC fastest homegrowns

Only two home-grown Indian companies — Ruchi Soya & ITC — have made it to the top 250 consumer companies in the world, says a survey by Deloitte titled ‘Global Powers of the Consumer Products Industry 2013’.

While Ruchi Soya has been ranked at 121, ITC stands at 150. For Ruchi Soya that manufactures edible oil and soybean products, it’s an improvement of 54 positions, Last year, the company stood at 175. On the other hand, cigarette and consumer goods maker, ITC has slipped by seven position in this year’s ranking.

If we look at the list of 50 fastest growing company in the world, Ruchi Soya has been ranked at 13, followed by ITC at 39.

While Ruchi Soya has recorded a 66% growth in sales in 2011-12, ITC’s net sales jumped 17.5% in the same period.

This is based on a survey by Deloitte on the data available till June 2012. For a company to make it to the list of top 250 consumer product companies, it has to have a minimum sale of Rs16,600 crore and has to register at least a 7% growth in sales on a yearly basis.

The report points out that as sales in the other established markets are taking a beating, companies from the emerging markets have started taking the lead in the fastest growing company in the world and going forward, this trend is likely to continue.

Dinesh Shahra, managing director of Ruchi Soya, said, “Improved branded sales, better sales realisation of oilseed extraction, effective control on the costs and favourable business sentiment helped us to get better performance in the past one year. We are making our efforts to have good performance on a sustained basis in the times to come.”

An ITC spokesperson said: “ITC’s aspiration to be the No. 1 in the FMCG sector in its new consumer goods businesses is supported by its relentless effort to build world-class brands that create, capture and retain value in India. These brands have earned significant consumer franchise and in addition, we are looking at enhancing the competitiveness of the entire value chain.”

Ruchi Soya Plans Palm Processing Unit In State

 Ruchi Soya Industries, India’s largest cooking oil and soya food maker, plans to set up an oil palm processing mill in Odisha at an investment of Rs 30 crore.
“We will initially set up a 10 tonne per hour fresh fruit bunches (FFB)  processing mill next year. We are exploring for a location  in districts like Mayurbhanj, Balasore and Bhadrak. The plant will take two years for operations”, said Dinesh Shahra, founder and managing director, Ruchi Soya Industries.
The company has started oil palm cultivation on 28,000 hectares land in Mayurbhanj, Balasore, Bhadrak and Kendrapada districts for which the company has entered into a tripartite agreement with the state government and farmers.


Ruchi Soya processes about 0.52 million tonne oil palm per annum.


Apart from Odisha, Ruchi Soya is working with the farmers in the states of Andhra Pradesh, Mizoram, Gujarat, Tamil Nadu, Karnataka and Chhattisgarh. In Andhra Pradesh, Ruchi Soya has access to over 30,000 hectares of plantation. The company operates four oil processing mills in Andhra Pradesh with aggregate FFB processing capacity of 125 tonne  per hour.


“We also have plans to set up an oil refinery in Odisha”, he added.


On hiking the prices of edible oils in the wake of rupee weakening against the dollar, Shahra said, there is no concern for price rise as the international prices of edible oil are coming down and in India, the price is also falling because of the good domestic oil seed crops this year.


The company imported about 1.4 million tonne of both crude and edible oil last year.

Ruchi Soya partners Japan cos for edible oil

To introduce a super premium edible oil brand which Indian consumers have never witnessed, Ruchi Soya Industries, India’s leading food and agro-based FMCG player, has inked a joint venture with J-Oil Mills Inc and Toyota Tsusho Corporation (TTC), both from Japan.  Under the terms of agreement, a joint venture company would be formed soon by the probable name of Ruchi J-Oil in which Ruchi Soya would have a majority stake of 51%. While J-Oil, the technology partner in the joint venture, would have 26% stake with the remaining 23% proposed to rest with TTC.  “This alliance is an important step towards our business strategy of expanding our product portfolio by bringing value added and healthier products. We will provide raw materials and necessary marketing and distribution assistance to the JV. J-Oil will provide technical assistance and TTC with its rich global experience will provide management assistance for internal control and access to international markets through its network,” said Dinesh Shahra, Founder and Managing Director, Ruchi Soya.

In the joint venture, however, Ruchi Soya would look into manufacturing, branding sales and distribution with the company’s existing expertise in these areas. For this, however, Ruchi would transfer its existing soya processing business in Shujalpur in Madhya Pradesh to the joint venture to fetch Rs 40 crore. The objective of this joint venture unit would be to introduce new edible oil for Indian market which local consumers have experienced in the past, a Ruchi Soya official said. The JV will be managed by a board consisting of representatives from all the three companies. The JV plans to start supplying products to the institutional customers by the end of 2013 and launch high quality consumer products for the Indian markets in the second half of 2014.

Justifying the need of such joint venture, Sumikazu Umeda, President & CEO, J-Oil Mills, said, “The main purpose of this investment is to start our first ever business activity overseas in a promising country like India. J-Oil sees India as a vast and fast growing market and has plans to establish as a leading company in high quality value added edible oil segment.” “Ruchi J-Oil JV provides us appropriate crossover opportunity to leverage our business networks, product portfolios, and skill sets. We create Global Vision 2020 in which we identified three business areas that we expect sustainable growth. We aim to expand food business in life and community field,” said Yoshiki Miura, Managing Director, TTC.

Ruchi Soya joins hands with GAIN and CECOEDECON

Ruchi Soya joins hands with GAIN and CECOEDECON for the Fortification of Mahakosh Soyabean Oil with Vitamin A and D

 CECOEDECON, GAIN and Soyabean oil processors join hands in Madhya Pradesh
 Mahakosh soyabean oil will now have added health benefits to tackle deficiency of Vitamins

June 18, 2013, Bhopal: India’s leading FMCG Company and No. 1 manufacturer & marketer of Edible oil and Soya products, Ruchi Soya Industries Limited (Ruchi Soya) will play a pivotal role in the project on ‘Soybean oil fortification’ in Madhya Pradesh. Under this project, largest selling Soyabean oil brand in the state ‘Mahakosh’ will now have additional health benefits of Vitamin A and D. 

This was announced recently in Bhopal during the official launch ceremony of soybean oil fortification project graced by the Honourable Chief minister of Madhya Pradesh Shri. Shivraj Singh Chouhan. Also present on the occasion was Shri Kailash Vijayvargiya, Honourable Minister of Science & Technology & Food Processing, Government of Madhya Pradesh along with several other dignitaries.

Centre for Community Economics and Development Consultants Society (CECOEDECON) has been working on ‘Soybean oil fortification’ in collaboration with the United Nations affiliated body, Global Alliance for Improved Nutrition (GAIN) and edible oil manufacturers in Madhya Pradesh. Under this project, soyabean oil by leading companies will be fortified with the essential vitamins A & D. This initiative aims to curb malnutrition in Madhya Pradesh with a primarily focus on the nutritional security. 

Mr. Sarvesh Shahra, Business Head, FMCG and Specialty Ingredients, Ruchi Soya Industries 

Limited commented, “The objective of the soyabean oil fortification project in Madhya Pradesh 

is to reduce health related problems arising due to Vitamin A and D deficiencies in the state. We are happy to partner with the NGOs and offering healthier options to the consumers of our soya oil brand Mahakosh in Madhya Pradesh. We will also work closely with NGOs like CECOEDECON and GAIN on the awareness generation campaign on Vitamin A and D deficiency and the strategies to address it.”

Ruchi Soya Industries Limited is India’s leading FMCG Company, the No. 1 manufacturer and marketer of Edible oil and Soya products under popular retail brands like Nutrela, Mahakosh, Sunrich and Ruchi Gold. An Integrated player from farm to fork, Ruchi Soya has secured access to oil palm plantations in India and other important parts of the world. Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.

The Global Alliance for Improved Nutrition (GAIN) is an alliance driven by the vision of a world without malnutrition. Created in 2002 at a Special Session of the UN General Assembly on Children, GAIN supports public-private partnerships to increase access to the missing nutrients in diets necessary for people, communities and economies to be stronger and healthier. GAIN is a Swiss foundation headquartered in Geneva, and has a global presence.

The Centre for Community Economics and Development Consultants Society (CECOEDECON) was founded by a small group of young, committed social workers to provide immediate relief to the victims of devastating floods in Jaipur district in 1982. From a very modest beginning as a relief agency, ECOEDECON has evolved into a civil society organization pursuing integrated participatory development and advocating human rights.

Management Team

Mr. Kailash Shahra | Chairman - Ruchi Group of Industries

Mr. Kailash Chandra Shahra is a renowned industrialist and Chairman of Ruchi Group of Industries, an Industrial conglomerate of India. He is eldest son of Shri Mahadev Prasad ji Shahra.

He displayed his business acumen from an early age and soon after completing his graduation he joined his father's business of commission agents in edible oil trade.

It was his extra-ordinary vision and indefatigable efforts that Soyabean became 'Golden Seed... | Read More →

Mr. Suresh Shahra | Managing Director - Anik Industries Limited

Born on 29th June 1944, in the illustrious family of Shri Mahadeoji Shahra in Badnagar (M.P.), Shri Sureshji Shahra imbibed the fundamentals of business from his father's traditional business of commission agents in edible oil trade.

He was brought up under the able guidance of his father and elder brother Shri Kailashji Shahra. Since the beginning he distinguished himself in academics and later he graduated in Mechanical Engineering from the most acclaimed engineering institute SGSITS, Indore in 1967-68. Immediately he joined his father and his brother in running and expanding his family business... | Read More →

Mr. Santosh Shahra | He served as Managing Director of General Food Ltd and Ruchi Pvt Ltd.

Mr. Santosh Shahra is a renowned industrialist of the country. He is a graduate in Mechanical Engineering and has done MS from USA. He has over 35 years of experience in industry and management. After his returning from USA he started soybean processing plant & textured soybean protein. He worked as a Managing Director of General Foods Ltd. and Ruchi Pvt' Ltd. He worked in soybean industry for more than 15 years.

NUTRELA one of the leading brand of Soya food was the brain child of Mr. Santosh Shahra. He was fully instrumental in developing it, and under his leadership it became No. 1 brand in the country... | Read More →

Mr. Dinesh Shahra | Founder and Managing Director, Ruchi Soya Industries Ltd.

Mr. Dinesh Shahra is the Founder and Managing Director of Ruchi Soya Industries Limited. With the vision and commitment of Mr. Shahra, within a span of 25 years since its inception, Ruchi Soya grown from a 6 crore company to 30,000 crore worth, India’s biggest FMCG Company. Mr. Shahra was honoured as the Best CEO by Business World Magazine in 2010. Under the visionary leadership of Mr. Shahra, Ruchi Soya has been recipient of several awards for the highest exporter of Soya Meals and other products. Government o India has honoured Ruchi Soya for having the best energy efficient plants... | Read More →

Mr. Umesh Shahra | Managing Director - Ruchi Strips & Alloys Ltd. & Indian Steel Corporation Ltd.

Mr. Umesh Shahra is a alumnus of BITS, Pilani and IIM, Ahemdabad. He is son of Mr. Kailash Chandra Shahra, Chairman, Ruchi Group of Industries. After completing his studies he joined the business of processing of agro-commodities and edible oils in the year 1988.

Having inherent traits of his legendry father along with blend of Administrative & Entreprenial skills, he has given a major contribution in the steady growth of Ruchi Group. He is currently heading Ruchi Strips & Alloys Limited and Indian Steel Corporation Limited (ISC) as Managing Director... | Read More →

Mr. Manish Shahra | Executive Director - Anik Industries Limited

Mr. Manish Shahra,, holds a degree in Industrial Production Engineering and MBA(F). After completing his studies in the Year 1993 has joined the business of manufacturing of agri-commodities and edible oils.

Manish Shahra through his efforts and business acumen has applied his entrepreneur skills for taking the Ruchi group to new heights and providing new dimensions to the parental business of agri-commodities and edible oils. He has to his credit more than 15 years of experience... | Read More →

Mr. Nitesh Shahra | President Refinery

The 20-year old Ruchi Soya Industries Limited, a flagship company of the Ruchi Group of Industries and is one of the largest Agri business companies in India. The Man behind, is none other than Mr. Nitesh Shahra popularly known as "Sh. Nitesh Bhai". He is the youngest Promoter of the Group working in the capacity of "PRESIDENT" Refining Division. Sh. Nitesh is known for Business growth through his Vision, farsightedness and cutting edge decisions.

A very down to earth person, who started his initial training at his own manufacturing operations and hence on, has sharply given a different dimension to every facets of Edible Oil Business. By being highly strategic... | Read More →

Mr. Sarvesh Shahra | Business Head - FMCG and Specialty Ingredients, Ruchi Soya Industries Ltd.

Mr. Sarvesh Shahra heads the FMCG and the Specialty Ingredients businesses of Ruchi Soya Industries Limited. The Consumer Brands Division (FMCG) markets health and nutrition products under the Company’s flagship brand Nutrela. During the past few years, Sarvesh spearheaded the expansion of the product range, roll out of the new master brand strategy, and distribution coverage within India and relevant overseas markets..

| Read More →

Singular Distinction for Shri Kailash Shahra Chairman Ruchi Group of Industries ………

Shri Kailash Shahra Chairman Ruchi Group of Industries was accorded the coveted honour of carrying aloft the Queen’s Baton of 19th Common Wealth Games, New Delhi 2010, during its relay journey through Indore on 16 Sep. 2010.

Centre Stage- Welcoming the Queen's Baton on its arrival in Indore.

How the historic moments were shared by luminaries of Ruchi Group.

Shri Kailash Shahra holding the Queen's Baton aloft. Indeed, a proud moment for not only Shri Kailash Shahra but for the entire Group.

Ruchi Group contingent lead by Shri Kailash Shahra, Chairman and Shri Umesh Shahra , Managing Director, waiting for the Queen's Baton of the 19th Common Wealth Games.

Corporate Social Responsibility Ruchi Soya

	Shri Mahadeo Shahra Sukrat Trust is a Public Charitable Trust duly registered by Registrar of Public Charitable Trust, Indore, and was formed in 1976 specially to initiate the corporate social responsibility initiatives of Ruchi. The Trust initially undertook relief work for the underprivileged in the areas of health, education and other sectors at Manglia, Indore, Madhya Pradesh where the largest and first production plant of Ruchi is situated. The Trust runs a hospital throughout the year for the underprivileged and needy and provides free medical treatment, and free medicines. The hospital is upgraded every year with new and improved medical treatment and the facilities are extended by a team of doctors specialized in various fields of medicine. The Trust also organizes a one day Medical Camp every year on the November 25 which is the death anniversary of Late Smt. Kausalya Devi Shahra. The one day camp is conducted by a team of specialists and medicines are distributed free of cost.
	When Ruchi decided to put up its edible oil refinery plant at Patalganga in Raigad district in Maharashtra in the year 2003, it also decided to take on the corporate social responsibility since the day the construction began at site. Our plant is situated in remote and rural surrounded by a large tribal population. SHAHRA (Self-Help, Assistance, Hope, and Renewed-Action) Learning Centre at Patalganga was established to help less privileged students in their all- round development through various activities and cultural programs. A computer education initiative at Dr Parnekar School has benefited several students. An Ashram is being run at Omkareshwar in Madhya Pradesh where Shri Mahadeo Shahra Sukrat Trust provides facilities for saints from distant places. The Trust is also involved in other social activities like Spiritual Functions, Yoga Camps, Alternative Therapies Camps and other Cultural Programs. The Trust is actively involved in helping the needy by way of donations, medical aid and educational grants. Over the years, Shri Mahadeo Shahra Sukrat Trust has partnered with a number of NGOs and institutions. The main ones are: Aararmbh, an NGO specializing in providing rehabilitation to street children. The trust provides the basics to them such as pulses, grains and oil for consumption. Astha, an old age home; the trust contributes in the form of providing books and reading materials, food and has helped built recreational facilities for the home.

Ruchi Anik Industries Limited

Power

Conventional Power
Anik Group has identified various opportunities to develop power plants based on various conventional resources of energy such as Small Hydro, Coal and Gas, etc.

Projects under development: -

• MoU with Madhya Pradesh Government for setting up 225 MW Gas based Integrated Power Plant at Ujjain.
• Isolated Small Patches of Coal identified by our team, MoU with MP State Government awaited for allocation of Coal Patch and setting up of 2x300 MW Thermal Power Plant.
• Land Acquisition ongoing for 300 MW Coastal Power Plant with Captive Jetty in Tamil Nadu.

Solar Power
With about 300 clear sunny days in a year, India's theoretical solar power reception, just on its land area, is about 5 PWh/year. The daily average solar energy incident over India varies from 4 to 7kWh/m2with about 2,300–3,200 sunshine hours per year, depending upon location. This is far more than current total energy consumption.
Anik has a consolidated plan of setting up Solar PV plants in Rajasthan and Western Madhya Pradesh and have registered the initial phases with the nodal agencies.


Wind Power
The development of wind power in India began in the 1990s, and has significantly increased in the last few years. Although a relative newcomer to the wind industry compared with Denmark or the US, India has become the country with the fifth largest installed wind power capacity in the world.

India has a great untapped potential for wind energy. As of 31, October 2009 the installed capacity of wind power in India was 10,925 MW, mainly spread across TamilNadu (4301.63 MW),Maharashtra (1942.25 MW), Gujarat (1565.61 MW), Karnataka (1340.23 MW), Rajasthan (738.5 MW), Madhya Pradesh (212.8 MW), Andhra Pradesh (122.45 MW), Kerala (26.5 MW), West Bengal (1.1 MW) and other states (3.20 MW).
The Ministry of New and Renewable Energy (MNRE) has fixed a target of 10,500 MW to be achieved till 2012, but an additional generation capacity of only about 6,000 MW might be available for commercial use by 2012.

Anik Group has initiated its operations towards Power generation from Wind Energy with a modest total capacity of 1.85 MW through Wind Energy. We have setup Wind Power plants in Jaisalmer(Rajasthan) and Dewas (M.P.) of .6 MW and 1.25 MW respectively.

Small and Mini Hydel Power
Hydro electricity is the world's leading source of renewable energy, supplying 19 per cent of electricity.The greatest advantage of Small Hydel Power projects over other (conventional) sources of electricity is that it is most environment-friendly.

Developing SHPs are also important in the context of global warming and climate change, which has begun to take a toll on availability of water around the world. Considering the same, we have identified several projects of Mini and Small Hydro capacity in several regions and feasibility study is underway.

Biomass
Bio energy is the multi-talent of the renewable energy sources. It is diverse and flexible and can be used in gaseous, liquid and solid form. This flexibility puts biomass in high demand in the energy sector.


Anik Group brings in excellent market knowledge, technical expertise and consistent, professional project management to the table. We are working on setting up a Biomass Energy Generation plant in Rajasthan and Western districts of Madhya Pradesh of about 10 MW capacities each, with the initial feasibility study completed. We would soon expand the operations to other states.

Greener Faster Healthier Ruchi Group

One of the key ingredients in the design of our Projects is the concept of Healthy Living. Till a couple of decades ago, most of the people were living close to nature but the rapid industrialization and the growth in economy has led to development of planned and unplanned construction for industrial and residential

We intend to bring Nature closer to you through innovative designs which entail minimum land coverage and creating vast open and green spaces which result in much healthier lifestyle.

We harness change, apply knowledge and create opportunities for a complete living - a priority in our planning is to provide high quality constructed units and meticulously designed interior spaces to achieve cost-effectiveness and create people-friendly, attractive houses to live in.

We hire specialist to study, plan and survey our sites and then design engineer- sustainable, master planned communities with infrastructure to support the same. We understand that the requirement of each city is different and we develop our properties only after a concentrated research effort where we realize the consumer needs and preferences.

Leading a life which is non-sedentary contributes to individual's physical as well as mental health and also to social cohesion and well-being. We are building with a vision to provide you an attractive living option that even the future generations can enjoy.
purpose. This has greatly reduced the green spaces and substituted it with concrete jungles.

Ruchi Infrastructure Limited

	RUCHI INFRASTRUCTURE LIMITED is presently engaged in the businesses of storage and transportation of edible oils, petroleum, liquid bulk chemicals, agricultural products etc., in refining of edible oils and manufacturing of vanaspati , agricultural warehousing and Real Estate business.
	storage tanks >>
	The company has a widespread network of storage terminals at 7 major ports in India and 5 railway siding Terminals. It was the first to construct storage tanks for edible oils in the state of Kerala at Kochi in the year 1996 and since then have constructed around 2 lakhs tons of storage capacity at major ports (Jamnagar, Haldia, Mangalore, Chennai, Kochi, Kandla & Karwar) and 13 tanks having 27,299 KL storage capacity at the railway siding terminals (Kanpur, Doraha, Jaipur, Hyderabad & Cuttack). Company port based terminals have separate pumps and pipelines that can be operated round the clock and does not require port or customs permission for deliveries even on Sundays / Holidays. PRODUCTS HANDLED BY US: The major products handled are Edible oils, fatty Acid, Caustic Soda Lye, Phosphoric Acid, Sulphuric Acid, Carbon Black Feed Stock, 2- Ethyl Hexanol, Molasses etc. OUR EXPERIENCE IN THE FIELD: We have profound experience in ship handling for more than a decade in both imports and exports arena and have storage facilities to store over 0.2 million Metric Tons quantity of product. In the present scenario, “RUCHI” handles on an average 4,000-5,000 MT of cargo in either of its installations every day and so far more than 2000 tankers (ships) have been handled. OUR STRENGTHS: A strong infrastructure of tank terminals. Experienced and well-trained staff Recognisable quality through RUCHI’S adherence to the highest industry standards. A strict policy regarding safety, health and environment. A strong track record in terms of strategic alliance with third parties. RUCHI’S development of integrated logistic concepts based on tank storage. RUCHI’S strategy concentrates on further expanding and optimising its network of tank terminals, providing specialist logistic concepts and entering into strategic alliances that provide related logistic services. OUR COMMITMENTS ACHIEVEMENTS: The floating pipeline, our own jetty, are just examples of the company’s commitment to providing its customers with highly efficient and time sensitive service. Our strong Human Resources Development department and the team of techno-commercial professionals are highly research-oriented and ready to explore the probabilities to excel in the stage of liquid cargo storage and handling. We are committed to bringing out the best in our people to achieve their full potential, which is demonstrated by our zero tolerance for incidents. The art of excellent modified technology in the field of construction of Tank farms and Refinery establishments are the group’s extreme achievements. An active and enthusiastic team of technocrats has brought the glory of the organisation to the international level. This is due to the scope of the modern state of the art and technology dwelling in infrastructure, as a result the circumstance of the group’s profile is highly praise-worthy among all our traders. Based on its perennial successful work experience in vessel handling, railway rake operations and round the clock service orientation to its leading customers, it is the achievement of this organisation that led to migrate out technology to foreign countries. SCOPE OF BUSINESS: Since Ruchi’s commencement of tank farm business and after a successful run in a span of 10 years, we visualize and to expand up to 5,00,000 KL storage facility from 2,00,000 KL in the next 3 yrs from now. The expansion would take place in two forms viz., modification of the existing set ups and building new terminals at different locations across Pan India and abroad. In order to fulfill our dream, Ruchi has already procured land at various ports and is in process of procuring land further at different locations for building terminals of world-class standards. Keeping in view the requirement of terminals to store indigenous and exclusive products that are to be kept in a safe condition, we would move on to create tailor made set ups to meet customer’s specific requirements. We can construct such dedicated facilities and offer the same on a long-term basis on mutual understanding. As of permissions, licenses and approvals required from the government in order to store classified as well as unclassified products, we can obtain the same, providing our customers with full security and safety and meeting all obligatory norms. RIL'S VALUED CUSTOMERS : Corporates such as Hindustan Lever Ltd Tata Chemicals Ltd Philips Carbon Black Ltd Hy Tech Carbon Ind. (Aditya Birla Group) KLJ GROUP Nepal Lever Ltd Vienergy International Ltd. and many other Indian and Nepalese reputed firms have been using the company’s storage facilities at various ports, besides our group companies.

Ruchi Soya Industries Limited Awards

Some of the prestigious Excellence awards won by RUCHI SOYA INDUSTRIES LIMITED are as under :   LIST OF AWARDS RECEIVED National Energy Conservation Award (Second Prize) to its Manglore (Karnataka) plant in Edible Oil/Vanaspati Industry 2009 National Energy Conservation Award (first prize) to its Kandla (Gujarat) plant in Edible Oil/Vanaspati Industry 2008 National Energy Conservation Award (second prize)to its Chennai plant in Edible Oil/Vanaspati Industry 2008 National Energy Conservation Award (first prize) to its Thiruvallur (Chennai) plant in Edible Oil/Vanaspati Industry 2007 Dun and Bradstreet – Rolta Corporation Award-2008 2009 Dun and Bradstreet Award for the No. 1 food processing company of India. 2006 From GLOBOIL India, Mumbai : GLOBOIL GOLD award for outstanding Performance in category of : Energy Conservation Award 2009 Outstanding performance for a decade in Import of Edible Oil 2009 Outstanding performance for a decade in Export of Oil meal 2009 GLOBOIL DIAMOND AWARD Golboil India Man of the year Awarded to Mr. Nitesh Shahra 2010 Highest Importer of Edible Oil 2010 Highest Exporter of Oilmeals 2010 Importer of Edible Oil 2009 Exporter of Oilmeals 2009 Highest Importer of Edible Oil 2008 Highest Export of Oilmeals 2008 Globoil Woman Enterpreneur of the year Awarded to Ms. Amrita Shahra 2008 From GLOBOIL India, Mumbai : GLOBOIL GOLD AWARD FOR OUTSTANDING PERFORMANCE IN THE CATEGORY OF : Highest Exporter of Oil Meals 2006 Highest Exporter of Oil Meals 2004 Highest Exporter of Oil Meals 2003 Highest Exporter of Oil Meals 2000 Highest Exporter of Oil Meals 1999 Highest Exporter of Oil Meals 1998 Highest Importer of Edible Oil 2006 Highest Importer of Edible Oil 2003 Highest Importer of Edible Oil 1998 Mr. Dinesh Shahra, Managing Director of the Company was awarded ‘Oil Man of the year  2000’  by Globoil India, Mumbai. Mr. Kailash Shahra, Chairman of the Company was awarded “Legend of the year 2003” by Globoil, Mumbai, Shri Dinesh Shahra, Managing Director of the Company was awarded “Globoil Man Of The Decade Award in the year 2006. From Dun and Bradstreet Dun and Bradstreet Award 2006 FROM THE SOYABEAN PROCESSORS' ASSOCIATION OF INDIA, INDORE : 1st Highest Exporter as Manufacturer Exporter                  2004-2005 1st Highest Processor                     2004-2005 1st Highest Seller of Soy Oil in Consumer Pack              2004-2005 1st Certificate of Merit for Highest sale of textured vegetable protein (Soy Nuggets) 2004-2005 1st Certificate of Merit for Highest Sale of Lecithin             2004-2005 2nd Highest Exporter as Manufacturer Exporter 2003-2004 1st Highest Processor 2003-2004 1st Highest Seller of Soya Oil in Consumer Pack 2003-2004 1st Certificate of Merit for Highest Sales of Textured Vegetable Protein (Soy Nuggets) 2003-2004 2nd Certificate of Merit for Highest Sales of Lecithin 2003-2004 1st Highest Exporter as Manufacturer Exporter 2002-2003 1st Highest Processor       2002-2003 1st Highest Seller of Soya Oil in Consumer Pack          2002-2003 1st Certificate of Merit for Highest Sale of Textured Vegetable Protein (Soy Nuggets)               2002-2003  1st Certificate of Merit for Highest Sale of Lecithin      2002-2003 1st Certificate of Merit for Manufacturing Maximum Number of Value Added Products                          2002-2003 1st Highest Exporter as Manufacturer Exporter             2001-2002 1st Highest Processor (Private Sector) 2001-2002 2nd Highest Sales of Soya Oil in Consumer Pack 2001-2002 1st Certificate of Merit for Highest Sales of Textured Vegetable Protein 2001-2002 1st Certificate of Merit for Highest Sales of Lecithin 2001-2002 Certificate of Merit for Manufacturing Maximum Number of Value Added Products 2001-2002 1st Highest processor (Private Sector) 2000-2001 1st Certificate of Merit for Highest sales of Textured Vegetable Protein 2000-2001 1st Highest Manufacturer Exporter 2000-2001 1st Highest Manufacturer Exporter (Private Sector) 1999-2000 1st Highest processor (Private Sector) 1999-2000 1st Certificate of Merit for Highest sales of Textured Vegetable Protein 1999-2000 1st Certificate of Merit for Highest sales of Soya Lecithin 1999-2000 1st Highest Manufacturer Exporter (Private Sector) 1998-1999 1st Highest processor (Private Sector) 1998-1999 1st Certificate of Merit for Highest sales of Textured Vegetable Protein 1998-1999 1st Certificate of Merit for Highest salex of Soya Lecithin 1998-1999 1st Highest Manufacturer Exporter (Private Sector) 1998-1999 1st Highest Manufacturer Exporter (Private Sector) 1997-1998 1st Highest processor (Private Sector) 1997-1998 1st Certificate of Merit for Highest sales of Textured Vegetable Protein 1997-1998 1st Certificate of Merit for Highest sale of Soya Lecithin 1997-1998 1st Highest Manufacturer Exporter (Private Sector) 1996-1997 1st Highest processor (Private Sector) 1996-1997 1st Certificate of Merit for Highest sales of Textured Vegetable Protein 1996-1997