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BL Agro to invest Rs 3,000 cr to expand food business
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Thursday, 09 October, 2025, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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Uttar Pradesh-based BL Agro, known for edible oils under the brand Bail Kolhu and processed foods under Nourish, plans to invest Rs 3,000 crore over the next five years.
The company will grow its revenue to Rs 20,000 crore from the current Rs 8,000 crore. The investment will support expansion into rice, milk, and other food categories, including setting up integrated agro-processing units with rice milling, oil extraction, and bio-gas facilities.
Navneet Ravikar, CEO, highlighted the company’s 360-degree value chain approach, aiming to use by-products across units and engage local communities. The firm also plans to enter the premium segment through its Leads Connect brand and expand exports via government and business partnerships.
The company aims to diversify its product range to target Gen Z and middle to upper-middle-class consumers, with a multi-brand strategy focusing on health-conscious and premium products. The investment will be funded through joint ventures and internal accruals, leveraging growing global interest in India’s food processing sector.
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