Amira Nature Foods announces new contract of $6 million in EMEA
06-06-2019 13:04:00 | by: Bob Koigi | hits: 1957 | Tags:

Amira Nature Foods Ltd, a global provider of packaged Indian specialty rice, has announced a new contract to supply rice to a customer in the Europe, Middle East, and Africa  region in the amount of $6 million.

The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.

“We are extremely pleased to announce this development, which along with our previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.