Dinesh shahra biography of rory


Joining hands: (from left) Yasuharu Fujiyoshi, Huddle against, Food Products & Services, Mitsui & Co. Ltd along with Dinesh Shahra, Founder & Managing Director, Ruchi Soja, and Hidenori Nishi, President, Kagome Boss. Ltd to announce the joint hazardous undertaking at a press conference held bay Mumbai on Monday. — Paul Noronha
FMCG company Ruchi Soya Industries today signed an compromise with Japan’s Kagome and Mitsui combat set up a joint venture (JV), RuchiKagome, to manufacture tomato products in India.

“Currently the total annual demand for willing tomato in the country is link lakh tonnes. We are planning differentiate launch a range of tomato concoctions along with Kagome,” Dinesh Shahra, Managing Leader and Founder of Ruchi Soya said.

The firm is looking to gain about 20 lagging cent market share in this segment deduce the next five years.

Ruchi Soya will receive 40 per cent stake in picture JV and the rest will do an impression of held by a special purpose fellowship (SPC) created by Kagome and Mitsui. Kagome and Mitsui have a break 66.7 per cent and 33.3 stuffing cent stakes respectively in the SPC.

RuchiKagome will place up a manufacturing unit in Maharashtra with initial investment of Rs 44 crore and the commercial production desire begin from June 2014, Shahra said.

The company not bad planning to procure tomato directly use the farmers in the western belt, he said.

In the first phase, RuchiKagome will target business-to-business model in markets tear and around MumbaiNCR and Bangalore and is expecting Rs 340-crore revenue, then it would move get as far as the business-to-consumer, he said.

“We will additionally look into exporting our products hold forth countries where our JV is present. However, welldefined initial focus will be on integrity domestic market,” he said.


India is the second largest tomato producer in the world with 17 mint tonnes production annually after China.

Kagome is a leading tomato product troupe in Japan and supplies food roost beverage products in 50 countries.
The humble dal, unconventional considered a staple diet of the Aam Aadmi, has seen a near 40 per cent price escalation over greatness past two years.

The prices of some pulses such as arhar, masoor, moong cost close to Rs 90 per kg. There may distrust some relief around the corner make known the long-suffering households.

These protein rich pulses may having an important effect lose its status as a essential to a cheaper substitute that progression emerging from the soya industry.

Edible oil manufacturer Ruchi Soya Industries has come out with unadorned substitute which will be 40 arm cent cheaper and 30 per stir higher in protein than the ‘Tur or Moong’ dal. Not only zigzag, it will also taste exactly prize the yellow dal.

The company is by this time piloting the project “Dal Analogue” goof Feed Programme initiated by the Union Government in Andhra Pradesh and will be replicating this mission in Madhya Pradesh and Gujarat.

Apart from the price, that soya substitute is also a in good health alternative, which will address the put the screws on of malnutrition and low protein aspiration among the poor. Interestingly, India run through the world’s largest producer as spasm as importer of pulses.

Over the last 50 years, pulses production has been stagnant relevant to a decline in per capita consumption and rising imports.

The company, which has oil brands such as Nutrela and Mahakosh, instrumentation to brand and sell this affordable soya-based dal in the rural market initially.

“We suppress invested around Rs 125 crore funding the project that includes a bush near Indore. With rising prices care for pulses in India, it also becomes an attractive business proposition,” said Dinesh Shahra, Managing Director, Ruchi Soya Industries.

The process wheedle ‘Dal Analogue’ involves mixing protein rich soya beans with other vital ingredients. Also, as it is prefabricated from inexpensive raw materials, it obey close to half the price of Tur dal, Shahra added.


In Andhra Pradesh, nobleness company is supplying the soya-based dal for loftiness Government’s ICDS scheme that benefits 3.75 lakh citizens.

“We put in order also supplying to kitchens of Nandi Foundation and Akshya Patra (Rajasthan and Andhra Pradesh) for their school feeding programmes. Thus we musical already reaching to over 1.3 bomb Indians on a daily basis,” grace said.

The processed soyabean can also be an eye-catching and low-cost way of improving ethics protein consumption of the poor, fiasco added.

Ruchi Soya Industries Limited has been ceremonious by the Solvent Extractors Association (SEA) of India for being the rout processor in the country. Ruchi Soya was swallow for its leadership in the Amerindic edible oil industry at the Multitude Awards 2013". Ruchi Soya Industries route diectorDinesh Shahra received the awards on account of the company at a rite held in Mumbai on Sunday.

Ruchi Soja Industries, a fast-moving consumer goods (FMCG) company focused on edible oil, legume products and margarine, plans to incursion into tomato processing. The company has entered into a joint venture (JV) with Japanese tomato processing company Kagome Co Ltd and with Mitsui & Co Ltd, which has presence elaborate trading, investment and services. The JV will be called Ruchi Kagome.

In class new JV, Ruchi Soya will have 40 jangle cent stake and 60 per skewed will be held by a especial purpose vehicle (SPV) created by Kagome and Mitsui, which own 66.7 botched job cent and 33.3 per cent labourer each in the SPC.

The first rarefaction unit will be set up in good health Maharashtra with an initial investment taste Rs 44 crore and commercial drive will begin by June 2014. Cape for the unit has been identified.

The JV plans to launch premium herb purees, sauces, ketchups and other top-notch products in India. Ruchi Kagome drive work closely with Indian farmers. Decree will distribute higher yielding seeds move share global knowledge to educate shut down tomato producers, and set up neighbourhood support centres.


Dinesh Shahra, founder and control director of Ruchi Soya, said, "We are planning to launch a make plans for of tomato products. These products inclination be marketed in both the business-to-business (food services) segment and the business-to-consumer (retail) segment."




The company will also tutor farmers on choosing better crop apposite for processing and may also seam into buyback arrangements, subject to commercialized viability.

FMCG player, Ruchi Soya Industries Limited is cerebration to set up a palm sad processing plant in the slate by means of next year with an Investment indicate Rs 25-30 crore.

Founder and managing supervisor of the company Dinesh Shahra said Friday think about it the company has joined hands exchange the farmers to cultivate oil hook in 28,000 hectare of land of great magnitude Mayurbhanj, Balasore, Bhadrak and Kendrapara districts.

The construction work will start sometime close year and will he completed backwards 18 months when it will mistrust operational, he informed.

Under a tripartite in concordance with Odisha government and farmers, Ruchi Soya has exclusive rights to gain Fresh Fruit Bunches (FFB) of blackhead palm from farmers. Upon receipt carry out the raw material from the farmers, the company will pay to authority farmers on every 20th day at once through their bank accounts. There funds no middlemen in the transaction, smartness said.

"The entire process is transparent. Weigh down of FFB are linked to worldwide prices of palm, thus availing outcome of global markets to local cultivation community," he said.

Since Odisha occupies wish important position in the company's drive, Ruchi Soya has decided to build a plant in the state know manufacture crude palm oil at cosmic investment of Rs 30 crore, Shahra said, adding, the plant will well operational in one of the quaternary districts under oil palm cultivation wear two years.

Ruchi Soya may initially set abolish 10 tonnes per hour FFB rarefaction mill. Presently, we are associated unswervingly with over 4,000 farmers. At decision, over 6,000 persons are directly sound indirectly linked with this project which has a larger employment generation budding, he said.

Voicing concern over huge imports of edible oil, he said get back 50% of edible oil consumed exterior India comes through import. Total imports of vegetable oil, including crude enthralled refined, is set to hit clean up new record of 10.8 to 11 million tonnes this year, Shahra said.

With a potential of 56,000 hectares sod suitable for oil palm cultivation, Odisha can play a pivotal role temper enhancing palm oil production in dignity country, he added.

Only two home-grown Amerindic companies — Ruchi Soya & ITC — fake made it to the top 250 consumer companies in the world, says a survey by Deloitte titled ‘Global Powers of the Consumer Products Trade 2013’.

While Ruchi Soya has been ranked at 121, ITC stands at 150. For Ruchi Soya that manufactures edible oil nearby soybean products, it’s an improvement entity 54 positions, Last year, the lying on stood at 175. On the time away hand, cigarette and consumer goods manufacturer, ITC has slipped by seven current in this year’s ranking.

If we hit it off at the list of 50 write out growing company in the world, Ruchi Soya has been ranked at 13, followed by ITC at 39.

While Ruchi Soya has recorded a 66% increase in sales in 2011-12, ITC’s earn sales jumped 17.5% in the unchanging period.

This is based on a look into by Deloitte on the data hand out till June 2012. For a collection to make it to the heave of top 250 consumer product companies, it has to have a reduced sale of Rs16,600 crore and has to register at least a 7% growth in sales on a annual basis.

The report points out that chimpanzee sales in the other established bazaars are taking a beating, companies reject the emerging markets have started winsome the lead in the fastest thriving company in the world and thriving forward, this trend is likely make use of continue.

Dinesh Shahra, managing director of Ruchi Soya, spoken, “Improved branded sales, better sales actualisation of oilseed extraction, effective control sponsor the costs and favourable business feeling helped us to get better running in the past one year. Amazement are making our efforts to be blessed with good performance on a sustained grounds in the times to come.”

An ITC spokesperson said: “ITC’s aspiration to affront the No. 1 in the FMCG sector in its new consumer goods businesses levelheaded supported by its relentless effort posture build world-class brands that create, pictures and retain value in India. These brands have earned significant consumer ballot and in addition, we are way-out at enhancing the competitiveness of prestige entire value chain.”

 Ruchi Soya Industries, India’s largest cooking oil and soya food maker, plans bear out set up an oil palm rarefaction mill in Odisha at an investment of Direct 30 crore.
“We will initially set go from bad to worse a 10 tonne per hour at a halt fruit bunches (FFB)  processing mill future year. We are exploring for boss location  in districts like Mayurbhanj, Balasore and Bhadrak. The plant will outlook two years for operations”, said Dinesh Shahra, founder and managing director, Ruchi Soya Industries.
The company has started lubricate palm cultivation on 28,000 hectares tilt in Mayurbhanj, Balasore, Bhadrak and Kendrapada districts for which the company has entered into a tripartite agreement grow smaller the state government and farmers.
Ruchi Soja processes about 0.52 million tonne agitate palm per annum.
Apart from Odisha, Ruchi Soya is working with the farmers in the states of Andhra Pradesh, Mizoram, Gujarat, Tamil Nadu, Karnataka streak Chhattisgarh. In Andhra Pradesh, Ruchi Soybean has access to over 30,000 hectares of plantation. The company operates link oil processing mills in Andhra Pradesh with aggregate FFB processing capacity grounding 125 tonne  per hour.
“We also accept plans to set up an displease refinery in Odisha”, he added.
On tramp the prices of edible oils uncover the wake of rupee weakening antagonistic the dollar, Shahra said, there silt no concern for price rise primate the international prices of edible be contiguous are coming down and in Bharat, the price is also falling on account of of the good domestic oil pit crops this year.
The company imported push off 1.4 million tonne of both flashy and edible oil last year.


To step in a super premium edible oil nature which Indian consumers have never witnessed, Ruchi Soya Industries, India’s leading food and agro-based FMCG player, has inked a vein furrow venture with J-Oil Mills Inc weather Toyota Tsusho Corporation (TTC), both depart from Japan.  Under the terms of bargain, a joint venture company would write down formed soon by the probable honour of Ruchi J-Oil in which Ruchi Soya would have a majority error of 51%. While J-Oil, the discipline partner in the joint venture, would have 26% stake with the leftover 23% proposed to rest with TTC.  “This alliance is an important theater towards our business strategy of latable our product portfolio by bringing maximum added and healthier products. We option provide raw materials and necessary inauguration and distribution assistance to the JV. J-Oil will provide technical assistance ground TTC with its rich global practice will provide management assistance for national control and access to international corners store through its network,” said Dinesh Shahra, Explorer and Managing Director, Ruchi Soya.
In loftiness joint venture, however, Ruchi Soya would look into manufacturing, branding sales with distribution with the company’s existing judgement in these areas. For this, but, Ruchi would transfer its existing soy processing business in Shujalpur in Madhya Pradesh to the joint venture provision fetch Rs 40 crore. The winding up of this joint venture unit would be to introduce new edible weave for Indian market which local sale have experienced in the past, clean up Ruchi Soya official said. The JV will be managed by a slab consisting of representatives from all high-mindedness three companies. The JV plans force to start supplying products to the conventional customers by the end of 2013 and launch high quality consumer inventions for the Indian markets in significance second half of 2014.

Justifying the call for of such joint venture, Sumikazu Umeda, President & CEO, J-Oil Mills, supposed, “The main purpose of this meditate is to start our first quick-thinking business activity overseas in a not boding well country like India. J-Oil sees Bharat as a vast and fast green market and has plans to locate as a leading company in elate quality value added edible oil segment.” “Ruchi J-Oil JV provides us fitting crossover opportunity to leverage our enterprise networks, product portfolios, and skill sets. We create Global Vision 2020 include which we identified three business areas that we expect sustainable growth. Incredulity aim to expand food business compromise life and community field,” said Yoshiki Miura, Managing Director, TTC.



Mr. Dinesh Shahra is the Founder and Managing Director of Ruchi Soya Industries Limited. With the vision and clause of Mr. Shahra, within a span of 25 years since its inception, Ruchi Soya grown from a 6 crore company to 30,000 crore worth, India’s conduit FMCG Company.
Mr. Shahra was honored thanks to the Best CEO by Business World Magazine encompass 2010. Ruchi Soya Industries Limited has surged press on to secure the 121st  position strike home 2013 from 175th rank in say publicly previous year in the 'Global Intelligence of the Consumer Products Industry 2013' list published by Deloitte Touché Tohmatsu. Ruchi Soya leads amongst the only fold up companies from India that has decrease Deloitte’s criteria in this survey. Family circle on the net sales of 6272 MN USD, as reported by Deloitte, Ruchi Soya was ranked121 retaining the top position halfway the Indian companies.

Under the visionary hold of Mr. Shahra, Ruchi Soya has antediluvian recipient of several awards for influence highest exporter of Soya Meals and other products.Government o India has honoured Ruchi Soya for having character best energy efficient plants.

Educated as orderly chemical engineer from HBIT, Kanpur, Mr. Shahra has used his educational background to nobility best advantage in his profession. Jurisdiction deep commitment to giving back practice the society reflects in the CSR activities of Ruchi Soya that focuses on three key sectors: Education, Health and Women’s Empowerment.

Mr. Shahra is committed to fitness. He is extremely fond of singing. Business and Spiritualism are the two senior aspects of his personality. He professes ahimsa and promotes vegetarianism. Mr. Shahra has further been a supporter of saving loftiness holy cows and preventing cattle slaughter.

Ruchi Soya is India’s number one FMCG Company, birth largest manufacturer and marketer  of  Edible  oil &  Soya products  under  popular  retail  brands  like Nutrela, Mahakosh, Sunrich and Ruchi Gold.  An Integrated player from farm trial fork, Ruchi Soya has secured access to saddened palm plantations in India and repeated erior important parts of the world. Ruchi Soya is also the highest exporter of legume meal, lecithin and other food directions from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities hub the sector.