DRRK Foods is set to end the fiscal year on a very high note, representing an outstanding period of growth and expansion. With a projected CAGR of over the industry average of 15%, the company has solidified its base and laid the foundation for continued success with 25% growth. The highlight of the year has been the strategic diversification of DRRK’s product line to reduce global market risks.
The company has significantly expanded its export team, entered new international markets, and is in the final stages of signing distributor agreements across multiple regions. With a targeted effort of building its brand worldwide, the company is solidifying its international presence in Europe, America, Africa, and Canada. The company currently exports to more than 59+ countries, making up 80% of its total business and further cementing its global presence.
In line with its expansion strategy, DRRK Foods invested Rs 20 crore in a new state-of-the-art facility near Mundra Port to enhance production capacity and streamline exports. This investment aligns with the company’s vision of scaling operations and improving logistics efficiency.
According to Mr. Vikram Marwaha, Joint Managing Director, DRRK Foods “As we are on the verge of ending this milestone year, our strategic expansions, both globally and domestically, are ensuring sustained growth while enhancing brand presence. On the domestic front, we have made remarkable strides in both bulk and consumer pack segments, expanding into key states like Uttar Pradesh and Maharashtra while strengthening our distribution network. Our products are now available across leading quick commerce platforms, including Big Basket, Swiggy, Blinkit, and Zepto, with a full-scale launch on Amazon expected soon.”
The revenue path of the company mirrors this robust growth, going up from Rs 521.16 crore in 2020 to Rs 858.33 crore in 2023. This financial achievement highlights DRRK’s resilience in facing market challenges while accelerating innovation and operational efficiency.
About Company:
Established in 1967 under the leadership of Mr. Mahinder Pal Ji, DRRK Group has emerged as a prominent name in the global rice industry. From its humble beginnings, the company has grown into one of India’s leading rice manufacturers and exporters, driven by a mission to touch the lives of countless individuals through superior-quality basmati rice.
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