Securing Origination: Ruchi Soya at the Rabo Bank Advisory Board Meeting in
MUMBAI, January 22, 2013
MUMBAI, January 22, 2013 /PRNewswire/ --
The Theme of the Meeting was 'Burgeoning World Food Demand and the Shrinking
Ruchi Soya Managing Director Mr. Dinesh Shahra, along with Mr. Ankesh Shahra -
Director, Business Development for Ruchi Agritrading Pte. Ltd, Singapore were
invited to attend the prestigious Rabo Bank Food & Agribusiness Advisory Board
Meeting that was held in Hong Kong. The theme of the meeting was 'Burgeoning
world food demand and the shrinking corporate universe' and Ruchi was
specifically asked to present their views and perspectives on the importance
of M&A for Ruchi across the Food and Agriculture supply chain. Spread across
two days, there were several important thought-provoking issues discussed
between the key decision makers of the largest Food and Agribusiness companies
from Asia and the world.
(Photo: http://photos.prnewswire.com/prnh/20130122/589148 )
Mr. Dinesh Shahra spoke about the importance of acquisitions at the low end of
the business cycle and the value that high quality upstream assets at
origination offer for companies such as Ruchi. In a discussion moderated by
ex-CNBC anchor Ms. Lorraine Hahn, Mr. Dinesh Shahra mentioned that Asian
companies should continue to vertically integrate but in order to remain
sustainable, they must combine this integration with specialization down the
chain. This is to ensure that they remain the most efficient users of the
capital they possess, as niche/specialized companies are on a growth
trajectory and are delivering exceptional returns.
Ruchi Industries Singapore, the overseas holding company of Ruchi Soya that is
consolidating its global assets is in the process of executing the backward
integration strategy of Ruchi Soya into palm plantations and agricultural
production. One of the topics discussed in Hong Kong were the challenges that
stretch into asset ownership whilst securing origination. "Asset ownership in
emerging economies comes with a set of risks that must be evaluated in
conjunction with the superior cost structure that these countries generally
offer. Sovereign and regulatory risks, management challenges, the ability to
influence operations as well as differing tax regimes are all points to watch
out for," says Ankesh Shahra.
About Ruchi Soya Industries Limited:
Featuring among the top five FMCG players in India, Ruchi Soya Industries is
the flagship company of Ruchi Group of Industries. A leading manufacturer of
high-quality edible oils, soya food, vanaspati and bakery fats, it is also the
highest exporter of soya meal, lecithin and other food ingredients from India.
Established in 1986, it is the largest producer and marketer of vegetable oils
and soya food, the largest oilseed crusher and edible oil refiner, the largest
importer of vegetable oil and the largest exporter of soya derivatives from
India. Ruchi Soya has also diversified into renewable energy and plantations
in the recent past. For more information, visit www.ruchisoya.com .
Primary Media Contact: Yogesh Kolte, email@example.com , 91-98203
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