Sarveshwar Foods Limited is approved as Strategic Supplier by KRIBHCO

Sarveshwar Foods Ltd. has announced that it has been approved as Strategic Supplier for supplying basmati, non-basmati rice, other agricultural products, food items etc. for Jammu Region by KRIBHCO-a national level Multi State Cooperative Society and has been awarded an initial Order of ~Rs. 127 millions for supply of Non - Basmati White Rice as per the Purchase Order issued by KRIBCHO Agri Business Limited (a wholly owned subsidiary of KRIBCHO).

KRIBHCO is a renowned national level multi state co-operative society acting as a catalyst to agriculture and rural development by selecting, financing and managing projects that are both socially desirable and commercially profitable, as a part of long-term tie-up for supply.

Sarveshwar Foods Limited has been tirelessly working on strengthening its supply chain and lined up the requisite sourcing and servicing these orders. It has been growing and solidifying its position in India with the help of expanding its reach to the consumers across the nation. As an enduring sustainable business strategy, the Sarveshwar is aiming to synergetic amalgamate business potential embedded in the ever-growing demand of agricultural products with modern business approach of sourcing, producing and marketing of wide range of products. In order to augment its product basket, the company has plans to add more prestigious customers in coming quarters. Company is stick to its consistent growth strategy.

Commenting on the Occasion, Mr. Rohit Gupta, Chairman of the Company said "being listed among KRIBHO's Strategic Suppliers is an honour for the entire Sarveshwar Team and speaks well of our efforts, product quality, and on-time delivery." He further added "I would like to make it ample clear as a part of management we want to significantly expand Company's business, its market reach, and obviously its profitability. To that end, we are making every effort to strategically align all the components of the supply chain, customer recognition, as a constant process."

Source : Equity Bulls

Keywords

SarveshwarFoods StrategicSupplier KRIBHCO