- Business
- Ashiana Agro Industries Limited (ASHAI.BO) manufactures and sells rice, wheat flour, and maize flour products. The company produces a range of branded rice varieties including IR 64, PR 11, PR 14, 1121 Sella, and traditional basmati; wheat flour under the Ashiana brand; and maize flour, with additional offerings in semolina, sooji, and broken rice. It operates primarily in India, with production facilities in Punjab and marketing networks across northern and central regions.
Founded in 1993 and headquartered in Amritsar, Punjab, Ashiana Agro Industries serves domestic wholesale and retail markets, focusing on the food processing segment of the agricultural industry. The company maintains a vertically integrated model from paddy procurement to milling and packaging, targeting urban and rural consumers seeking quality staple grains.
In the past two years, Ashiana Agro Industries expanded its production capacity through a new rice mill facility commissioned in 2024, increasing output by 20%; entered a strategic distribution partnership with major northern India retail chains in early 2025; and raised INR 50 crore via a rights issue in late 2024 to fund modernization and working capital needs. No significant acquisitions or name changes have occurred recently.