Amira Nature Foods Ltd (the “Company”) (NYSE: ANFI), a leading global provider of branded and packaged Indian specialty rice, announced that it had entered into a $8.3 million contract through its Indian operating subsidiary with Buhler India Private Limited (“Buhler India”), for the supply of 48 tons per hour paddy processing equipment in connection with its new rice processing plant in Karnal District, Haryana, India. The Company expects this new facility to be fully operational by the end of fiscal year 2015.
Karan A. Chanana, Amira’s Chairman and Executive Officer stated, “We are extremely pleased to expand our relationship with Buhler India. This new equipment purchase will be part of our state-of-the-art processing facility in Haryana, India. This facility, which we believe will more than double our processing capacity, will enable us to meet the processing capacity demands in our business over the coming years and will help us drive further margin expansion long-term."
Buhler India manufactures a complete range of rice processing machines right from harvest drying, parboiled paddy drying, cleaning to hulling and polishing, optical sorters, control systems and accessories to meet the needs of the rice milling industry, in addition to providing turnkey supply, installation and commissioning of rice mills.
About Amira Nature Foods LtdFounded in 1915, Amira has evolved into a leading global provider of branded and packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, which is a premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira’s headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Malaysia, Singapore, the United Kingdom, and the United States. For more information please visit www.amira.net About Buhler Bühler is a global leader in the field of process engineering, in particular production technologies and services for making foods and advanced materials. Bühler operates in over 140 countries and has a global payroll of over 10,000.
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