₹3,000 Crore Expansion for BL Agro's 'Bail Kolhu'

Uttar Pradesh-based BL Agro, known for its flagship Bail Kolhu edible oils and Nourish processed foods, has unveiled plans to invest ₹3,000 crore over the next five years to significantly expand its product portfolio and processing capabilities.

The company aims to scale its revenue from ₹8,000 crore to ₹20,000 crore, driven by diversification into new categories such as rice, milk, and other food products. As part of this growth strategy, BL Agro will establish integrated agro-processing units that include rice milling, oil extraction, and biogas facilities, enabling circular use of by-products across operations.

CEO Navneet Ravikar emphasized the company’s 360-degree value chain model, focused on sustainability, efficient resource utilization, and community engagement. The expansion will also see the company enter the premium segment under its Leads Connect brand and strengthen export channels through government and private sector collaborations.

With a clear focus on Gen Z and middle to upper-middle-income consumers, BL Agro is adopting a multi-brand strategy tailored to health-conscious and premium markets. The planned investment will be funded through a mix of internal accruals and joint ventures, tapping into the growing domestic and global interest in India’s food processing sector.

News by Rahul Yelligetti.