Engro Bharosa is a wholesale outlet providing top quality rice to consumers at affordable prices
Karachi, July 24, 2013: Engro Corporation’s wholly owned subsidiary Engro Eximp has launched Pakistan’s premiere wholesale outlet of top quality rice under the aegis of ‘Engro Bharosa’.
Engro Bharosa is a chain of fair price outlets of top quality rice produced by Engro Eximp at its Muridke plant. The plant is located in the heart of the Basmati rice growing area and was commissioned in 2010. This integrated rice complex has the ability to procure more than 150,000 tons of paddy during season and process and sell 70,000 tons of high quality Basmati rice per annum.
Engro Eximp entered the rice processing business in 2010 with a view to bring value addition to the agriculture sector of the country. With a primary focus on buying rice paddy from farmers rather than middlemen, the Company’s inclusive business model concentrates on improving the competitiveness of Basmati rice for farmers to ensure enhanced yield/acre and reduction in cost of production/ton to benefit the farmers. The key strategy is to increase farm productivity and quality by enhancing the capabilities of the farmers with the effect that in 2012 the total paddy bought directly from farmers was worth USD 20 million. Following the processing of this rice the product was being marketed to international markets.
With the success of its rice products in the Middle East – marketed under the brand name Rhymah – the Company has now launched the product in Karachi. Currently, Engro Bharosa will be available in four variants: Super Kernal Basmati, available in 1, 5, 10 and 25 kg packs; Bachat, available in 1, 5, 10 and 25 kg packs; Ponia in 1, 5, 10 and 25 kg packs and Kayinat 1121 available in 25 kg package.
Speaking at the occasion, Abdul Samad Khan, CEO – Engro Eximp said, “Engro Bharosa is our flagship wholesale outlet dedicated to providing international quality rice to our consumers. Rice is an integral part of Pakistani diet and the availability of the finest quality of rice under the umbrella of Engro Bharosa will offer one-stop convenience and quality to our consumers.”
Engro Bharosa is currently being launched in few select areas of Karachi and will soon expand its operations nationwide.