KRBL Limited is an Indian rice processing and exporting company, and the world’s largest rice miller. The company exports rice to over 80 countries; about 75% of its export revenue comes from the Middle East countries, as of 2018
KRBL was founded in 1889 in Lyallpur by two brothers–Khushi Ram and Behari Lal; the company name is an acronym of their names. Initially set up as a cotton-spinning business, it also had business interests in edible oil, wheat and rice. After the partition of India, the family settled in Delhi and worked as trade agents of rice and oil in the city’s Naya Bazaar area. By the 1970s, KRBL was producing only rice, and supplying to local exporters such as Zee Group. The company began exporting rice in 1985 and set up its first rice manufacturing unit in Ghaziabad in 1992. In 1995, KRBL issued its initial public offering. In 1998, the company launched India Gate rice brand in the Indian market. It started operations at its second plant in Alipur, Delhi in 1998 and Gautam Buddh Nagar plant in 2001
KRPL
means
Khushi Ram Behari Lal Limited
Leave a Reply
You must be logged in to post a comment.