Ruchi Soya Industries (Ruchi Soya) has extended tie-up with Yogrishi Baba Ramdev ji promoted Patanjali Ayurved (Patanjali) for physical refining and packaging of edible oils. Under the terms of the Agreements, the company would process the crude oil provided by Patanjali and pack the refined oil as per their specifications at its plant in Madhya Pradesh and Gujarat along with Rajasthan.
The initial agreement had been signed for Rajasthan, however, looking at the strong demand for the 3 major varieties of edible oils - soybean, sunflower, mustard oil, both the organisations have inked further agreements for processing and packaging and thereby, allowing them to rapidly scale up and further cement their positions in the Rs 1,25,000 crore edible oil market.
Ruchi Soya is a leading manufacturer and India’s largest marketer of healthier edible oils, soya food, premium table spread, vanaspati and bakery fats. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.