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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
KRBL launches poha under India Gate brand as part of its ...
Subramani Ra Mancombu · 2026-06-23 · via Economy News, Latest Economic News Today | The HinduBusinessLine

National Stock Exchange-listed KRBL Ltd has launched poha (flattened rice) under its India Gate brand, as part of its efforts to expand in the staples category over the next 3-5 years , said Kunal Sharma, the company’s Vice President – Marketing and Organised Trade.

“We are primarily focusing our launch at this point in Delhi, the National Capital Region, Uttar Pradesh and Punjab. These are the markets that we have largely identified for phase one of our launch,” he told businessline in an online interaction. 

The company is selling India Gate poha in select European markets.  “We started, maybe, a few months before we started in India. But in Europe, Poha consumption is largely among the expat population,” said Sharma.

Kunal Sharma, KRBL Vice President – Marketing and Organised Trade.

Kunal Sharma, KRBL Vice President – Marketing and Organised Trade.

Potential categories

Though it was a limited market, it is seeing good traction there. The company is exploring the northern part of the country, as poha is nuanced in terms of even sourcing. There is one type of poha selling in the eastern parts and consumed largely there as a satiator filling the stomach.  

KRBL, which has been operating in the Basmati rice category under the India Gate brand, has been looking at potential categories for expansion over the past two years.

“One of the logical adjacencies for us was staples as a category. So, we started evaluating the overall Staples space and where we could fit in terms of getting into the market,” he said.

From a margin profile, India Gate was looking for something attractive. “There are 3-4 categories that we are currently working on. The first category that we identified to take to market was Poha. It is a large category of about 2 million tonnes annually, and only about 10 per cent of that is actually selling in the packaged form in India,” said Sharma.

Huge opportunity

KRBL saw it as a huge opportunity, as it is largely an unorganised market with only one or two national players in the category. There are three types of poha: Indori poha in the Madhya Pradesh belt, Gujarat poha and Katarni poha in the Bihar and Bengal belt. 

The poha launch will not be a one-off event.  It will be launched in the North, as there is a huge potential for expansion, as it can replace oily foods and parathas (flat bread).

“Poha has the perception of being healthier amongst consumers. It is getting adopted in the north fast. We are seeing this as a growing market,” said the company’s official.

The product, which is now being shipped to distributors, will be sourced from southern Gujarat. The company is looking at multiple sources from the market. Eventually, it plans to open up the Madhya Pradesh market, sourcing the product from Indore and Ujjain. 

Contract manufacturing

On whether the company has entered into contract farming to source raw materials for poha, he said it would consider it at a later stage since the volume to start with is low. 

“If we get to 1,000 tonnes monthly volume, then definitely it is something that we will want to do. Currently, the company plans to market 100 tonnes a month, said Sharma.

The company hopes it will get demand for at least 200 tonnes once it launches its product in Madhya Pradesh and Chhattisgarh, which are bigger markets. By the year-end, the company should be able to be in a better position. 

Currently, KRBL contract manufactures poha due to the low volume. But given its back-end capabilities, it could consider setting up its own unit, he said, adding that it would help to control quality.

After poha, KRBL could look into staples with a longer shelf life and where the market is largely unorganised, with good gross margins.

Evaluating vermicelli, makhana

“We are now looking at multiple categories. For example, we’re looking and evaluating certain categories like vermicelli and makhana – those kinds of categories where a brand can come in and really build it,” said Sharma.

KRBL’s sale of basmati rice under the India Gate brand witnessed about 10 per cent growth last fiscal. Though export trends have been volatile mainly due to the Iran war, the company is resuming its efforts to gain a better market share soon. 

“Last (fiscal) year, the recovery had already started. But I think in this full year, you are probably going to see a recovery of the export business for KRBL,” said Sharma, adding that basmati makes up 95 per cent of KRBL’s revenue.

In a press release, the company said India Gate Poha will initially be available through general trade and standalone modern trade outlets during the launch phase, with plans to expand into other organised retail channels subsequently. 

“The product will be introduced in a 500g pack, with extensions into Indori Poha and other variants planned in the near future,” it said.

Published on June 23, 2026