Ruchi Soya Industries has signed agreements with Patanjali Ayurved for physical refining and packaging of edible oils. The tie up will help the company to improve capacity utilization and enhance productivity, efficiency and profitability.
Under the terms of the agreements, the company would process the crude oil provided by Patanjali Ayurved and pack the refined oil as per their specifications. The agreements are for an initial period of three years. Currently, the company has the largest edible oil refining capacity in India of 3.3 million metric tonnes per annum across 13 facilities.
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.