LT Foods gains on expansion in Australia and UAE

LT Foods gains on expansion in Australia and UAE

Abhinav Lahoti
/ Categories: Trending, Mindshare

Kameda Seika, Japan’s largest rice crackers company as well as LT Foods’ joint venture company has started exporting Kari Kari in the markets of Australia & UAE.  

Kari Kari is a premium, healthy, rice-based crunchy snack, which was introduced in India in January 2020. It is made from rice and peanuts, offering a range of hearty & wholesome savoury snack in four different flavours namely, chilli garlic, wasabi, salt & pepper and spice mania. This snack is inspired by the famous Kameda Crisps, which is a leader in the Japanese rice cracker market with around 30 per cent market share.  

Kari Kari is available in over select 700 modern trade & standalone stores of the major cities in India and also, on leading e-commerce platforms such as Amazon, Flipkart & Big Basket. The product will now be available in Perth, Sydney & Dubai. It will also be distributed through the grocery chain store ‘Aldi’ in Australia to enhance its presence. LT Foods also plans to expand the distribution of Kari Kari in GCC as well as New Zealand markets.  

On Friday at 1.52 pm, the stock was trading 1.40 per cent higher at Rs 72.65 on BSE.

---

Previous Article Gland Pharma climbs nearly 2 per cent on getting USFDA nod for generic Foscarnet Sodium injection
Next Article Indian markets plunge further; Sensex slips below 48,000 mark, Zomato Founder Deepinder Goyal denies IPO DRHP filing
Rate this article:
3.7

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR