Ruchi Soya Industries Acquired Land in Ethopia

Oct 25, 2010, 12:17 IST

One of the leading edible oil processors, Ruchi Soya Industries, declared on 15 Jan 2010 that they have acquired farm land in Ethiopia for soybean cultivation. The company signed a memorandum of understanding with the Ethiopian Government for cultivation of soyabean.

One of the leading edible oil processors, Ruchi Soya Industries, declared on 15 Jan 2010 that they have acquired farm land in Ethiopia for soybean cultivation. The company signed a memorandum of understanding with the Ethiopian Government for cultivation of soyabean. The company would set up a processing unit on 61775 acres in Ganmbella and Benishangul Gumaz States on a lease basis for 25 years.

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