Expect to improve EBIDTA margin, reduce debt level in FY20: Ashwani Arora, LT Foods
  • WebDesk BTVI
  • Jun 27 2019

Ashwani Arora, MD & CEO of LT Foods, talks about the growing consumption level of Basmati rice in both domestic and international markets. LT Foods’s Basmati brand Daawat Rice has 28% market share in India, while Royal Brand has over 50% market share in the US. Arora says the company is growing at a rate of 10% in India. On business outlook, he expects to improve EBITDA margin and reduce debt level going forward.