Amira Nature Foods Ltd Announces $90 Million Contract With Repeat Customer
delhi, October 8, 2015 (Newswire.com)
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Amira Nature Foods Ltd company a leading global provider of packaged Indian specialty rice, today announced that it entered into a $90 million contract to supply third party branded basmati rice to a key repeat customer in the Europe, Middle East, and Africa (“EMEA”) region.
“We are extremely pleased to expand our relationship with this customer in the EMEA region as we believe this illustrates Amira’s leading position in the industry,” stated Karan A Chanana, Amira’s Chairman. “The EMEA region continues to be a tremendous growth market for Amira’s basmati rice with strong consumption and demand in the market. As we enter into 2015, we look forward to executing on our additional opportunities for growth with both our Amira branded products and our third party branded products throughout the world.”
About Amira Nature Foods Ltd.
Founded in 1915, Amira has evolved into a leading global provider of branded packaged Indian specialty rice, with sales in over 60 countries today. The Company sells Basmati rice, which is a premium long-grain rice grown only in certain regions of the Indian sub-continent, under its flagship Amira brand as well as under other third party brands. Amira sells its products through a broad distribution network in both the developed and emerging markets. The Company’s global headquarters are in Dubai, United Arab Emirates, and it also has offices in India,Malaysia, Singapore, Germany, the United Kingdom, and the United States. Amira Nature Foods Ltd is listed on the New York Stock Exchange under the ticker symbol .
AMIRA offers an extensive portfolio of brands that have been carefully developed to appeal to local markets around the world. Customer tastes and expectations have been finely segmented to deliver authentic flavors that go well with a variety of popular cuisines. Consumer palettes across the market segments have been well researched and adapted to suit the requirements of various trade channels. AMIRA has expanded its product line into snacks, Ready-to-eat and organic food products.