There is a possibility that Australian based investors may buy some shares in Rewa Rice Limited in the future depending on the mill’s ability to increase its rice production and profit.
General manager Keshwan Prasad said with the two Australian investors intending to start large scale rice farming in Dreketi soon, Rewa Rice expects an increase in paddy that it receives from local farmers.
According to Prasad, they currently get 500 to 600 paddy from local farmers but with the inclusion of these two investors the supply could even increase to 3000 paddy annually.
Prasad said the investors have also shown interest in improving their mill’s plant however an agreement is yet to be reached.
The Australian investors will soon be in the country to sign a deal with Rewa Rice Limited and the FTIB to start large scale rice farming in Dreketi.
Aussie investors interested in Rewa Rice
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