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GRM Overseas acquires mfg plant near Mundra Port

Thursday, 16 May 2019
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Basmati rice exporter GRM Overseas has announced acquisition of a manufacturing facility from United Foods at Gandhidham in Kutch, Gujarat, for Rs 12 crore.

The acquisition is in line with GRM Overseas’ strategic plan to expand capacity and develop a warehouse closer to Mundra port to augment exports. The acquired facility includes land, building and two Sortex plants and has a production capacity of 800 tpd.

The company has also purchased a large plot of land adjoining the plant to develop a warehouse.

The additional warehousing capacity near the port will lower lead times for the export order deliveries, thus improving efficiency and productivity in its business cycle GRM Overseas has two state-of-the-art manufacturing facilities at Panipat, Haryana.

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