Ruchi Soya Industries, a company which has been in the business of edible oils for over two decades. They are offering a cooking medium to match the various tastes of this vast and varied nation. They are the leader in edible oil and soya food businesses in India. They are the first exporter of Soya Bean Meal from India. They are the also leading manufacturer of Textured Soya Protein and Vanaspati.
At Present, Ruchi Soya Industries has only one subsidiary namely Ruchi worldwide Ltd. The company plants are located at Indore, Shajapur, Narsinghpur and Mandla in Madhya Pradesh, Mangalore in Karnataka, Raigad and Nagpur in Maharashtra, Haldia in West Bengal, Gandhidham in Gujarat, Thiruvallur in Tamilnadu, Sriganganagar and Bundi in Rajasthan.
Ruchi, a pioneer Soya Processor Group started operations in the year 1972-73. In the year 1986 the company became a Public Limited company. In March 1991, the Production in Vanaspati Plant, Edible Soya flour and Oil Commenced with capacity of 7,500 MT, 60,000 MT, 12,000 MT respectively.
During the year1991-92, the Company increased their existing capacity of Textured Soya Protein by 12,000 MT to 24,000 MT and Vanaspati by 7,500 MT to 15,000 MT. Also they commenced the production in their Lecithin Plant during the year.
During the year 1992-93, the company increased the production capacity of Vanaspati from 15,000 MT to 30,000 MT. Also they installed Soyabean Extraction with a capacity of 60,000 MT. In the year 1994-95, the production capacity of oil has been increased from 30,000 tpa to 55,000 tpa and Soyabean Extraction from 60,000 tpa to 1,85,000 tpa. In the year 1995-96, they further increased the production capacity of Soya bean extraction, oils and Vanaspati by 2,47,000 tpa, 53,000 tpa, and 22,500 tpa respectively.
In the year 1997-98, the company launched two new brands namely SUNRICH for Sunflower Refined Edible Oil and RUCHI GOLD for Refined Edible Palmolein Oil. In the year 1998-99, the Company launched two products namely Ruchi Sona and Ruchi Star.
In the year 1999-2000, the company has invested in equity shares of Ruchi Health Foods Ltd which has become wholly owned subsidiary of the company. Also in the same year, Imperial Exports Ltd has ceased to be a subsidiary of the company.
In the same year, one of the subsidiary company has set up a Refinery unit near Chennai which has commenced commercial production in the month of January, 2000. The Company has also increased the capacity of Vanaspati by 70000 MT during this period.
During the Year 2001-2002, the Company has set up a composite unit comprising of Refinery, Vanaspati and Texturised Vegetable Protein Plants at Mangalore. The production capacity of Texturised Soya proteins has been increased by 30,000 MT to 54,000 MT and Oil by 189000 MT to 297000 MT.
During the Year 2002-2003 the capacity of Soyabean Extraction, Oil and Vanaspati has increased to 555,000, 687,000 and 172,500 respectively. During the year 2003-2004 the Company set up a composite Unit Comprising of edible oil refinery and Vanaspati Plant at Raigad in Maharashtra. The Company acquired a Solvent Extraction Plant at Sriganganagar in Rajasthan through its Wholly owned Subsidiary Aneja Solvex Ltd during the year.
In the same year, the company has launched two new product in the bakery segment namely Avanti and Bakefat. Also they launched Nutrela Proflo defatted soya flour, which offers the consumers another option to include soya in their diet.
During the year 2004-2005, the company has set up a solvent extraction plant and refinery unit at Nagpur in Maharashtra. The Company has also commissioned wind turbine of 1.2 MW capacity at Nagda Hills, Dewas in Madhyapradesh for generation of Power for captive use. The Capacity of Textured Soya Proteins, Seed Extraction, Oils, were also increased to 84,000 MT, 10,47,000 MT and 11,01,000 MT respectively.
In the year 2005-06, General Foods Limited, Ruchi Health Foods Limited, Ruchi Credit Corporation Limited, Aneja Solvex Limited, Param Industries Limited and Ruchi Private Limited have been amalgamated with Ruchi Soya Industries Limited. The SVF business of Anik Industries Limited formerly known as Madhya Pradesh Glychem Industries Limited has also been acquired by the Company on slump sale basis.
In the same year, the company has increased their production capacity for Textured Soya Proteins by 30000 MT to 114000 MT, Seed Extraction by 847224 MT to 1894224 MT, Oil by 951000 MT to 2052000 MT and for Vanaspati by 237000 MT to 469500 MT. In the year 2006-07, they furher increased the capacity for Textured Soya Proteins by 26000 MT to 140000 MT, Seed Extraction by 233700 MT to 2127924 MT, Oil by 160000 MT to 221200 MT and for Vanaspati 237000 MT to 469500 MT.