
GRM Overseas Bags Rs. 600 Million Rice Order from Yemen-based Al-Nageeb Group
GRM Overseas, one of India's leading basmati rice exporters and a major food FMCG company, has secured a new order worth Rs. 600 million from Bin Awadh Alnageeb Group from Yemen. This is the largest order the company has received from the Yemen-based importer distributor. The order will further strengthen GRM Overseas' revenue from the Middle East, a key market for the company. GRM Overseas has three rice processing units and a warehousing facility, with an overall annual production capacity of 4,40,800 MT. The company sells products under its brands, '10X', 'Himalaya River', and 'Tanoush', and also through private label arrangements. GRM has been ensuring easy access to its high-quality products for consumers by placing them on the shelves of several major retailers in India and abroad.
Key Highlights
- GRM Overseas secures Rs. 600 million order from Bin Awadh Alnageeb Group, Yemen's largest importer of basmati rice from India.
- This is the biggest order the company has received from the Yemen-based importer distributor till date.
- The order will strengthen GRM Overseas' revenue from the Middle East, a key market for the company.
- GRM Overseas has three rice processing units and a warehousing facility with an annual production capacity of 4,40,800 MT.
- The company sells products under its brands, '10X', 'Himalaya River', and 'Tanoush', and also through private label arrangements.