Riddhi Siddhi Gluco Biols Ltd. completed acquisition of Cargill's corn wet milling facility in Davangere, Karnataka.
The state-of-the-art facility has annual processing capacity of 300,000 metric tons, operational since 2016.
Acquisition strengthens RSGBL's manufacturing footprint in southern India for food, pharmaceutical, and industrial sectors.
Executive Director Siddharth Chowdhary emphasized strategic growth and commitment to sustainable operations at the facility.