date:Apr 08, 2013
Amira Nature Foods, a United Arab Emirates-based provider of packaged Indian specialty rice, has inked a $8m agreement with a new South Korean customer to supply Indian medium short grain specialty rice.
As per the agreed terms, the company will receive the $8m revenue in the first and second quarter of fiscal year ending 31 March 2014.
Commenting on the deal Amira chairman and chief executive officer Karan A. Chanana said that the company has entered into the South Korean market, through this