GRM Overseas secures Rs 600 million order from Yemen-based importer distributor
GRM has developed a market for its rice in 42 countries and has achieved the title of being among the top 5 rice exporters in India.
GRM Overseas, one of the leading Indian basmati rice exporters, has bagged an order worth Rs 600 million from Bin Awadh Alnaqeeb Group from Yemen.
"The Rs 60 crore order is the biggest order the company has received from the Yemen-based importer distributor till date," GRM Overseas stated.
As per the agreement, GRM Overseas will ship Indian Basmati Rice to Bin Awadh Alnaqeeb Group, is the largest importer of Basmati Rice from India. The Rs 600 million order is the biggest order the company has received from the Yemen-based importer distributor till date.
“The Middle East is a key market for us and the order from Yemen will further strengthen our revenue from this region,” said Atul Garg, Chairman & MD, GRM Overseas.
Established in 1974, the Company exported rice to the Middle East, the United Kingdom, and the United States during its initial years. Gradually expanding its reach, GRM has developed a market for its rice in 42 countries, thereby achieving the title of being among the top 5 Rice Exporters in India.
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