Magazine
In our daily diet cooking oils and fats supply calories and essential fats and help our body absorb fat-soluble vitamins such as A, D, E and K. Amongst all cooking oils Rice bran oil, being recognized as the most heart friendly oil by researchers, nutritionists and doctors, people has started consciously moving towards Rice bran oil for a healthy life. Being one of the major importers of edible oil, India is a land of incredible opportunities for companies producing healthy cooking oils. Odisha based Balgopal Foods committed for “Synchronizing Harmony, Health, & Happiness in everyday life” took this opportunity to glide through the path of success and growth. “Our products are healthier than healthy cooking oils helping consumers for a heart-friendly lifestyle” says Ravindra Kumar Agrawal, MD of Balgopal Foods. The company’s main products include Edible Rice bran oil, Deoiled rice bran and Parboiled Rice.
Since its incorporation, Balgopal Foods has consistently adhered to values of following best practices, consistently upgrading technology along with production and storage capacities for premium quality and consistent growth. The company has taken up several initiatives for training and development of the management team and production team, energy conservation, water conservation and social upliftment. “We make use of the latest, efficient and eco-friendly technologies available in the industry for manufacturing and packaging purposes. We, boasting both of our solvent extraction units as
zero water discharge units, have initiated projects towards conservation of water in Refinery and Rice mill units,” adds Ravindra.
Toward a Healthier World
The journey to produce rice bran oil that will eventually contribute towards a healthier world started in 2004. At that point, there were only three struggling solvent extraction plants in Odisha. Most of the total quantity of Rice bran produced in Odisha state remove was supplied to factories of neighboring states due to non favourable business conditions for solvent extraction plants in Odisha. Founders of BGFPPL, Mohan Lal Agrawal and Ravindra then took this challenge as an opportunity and decided to enter in to this business. “With a zeal for upliftment of local people of our state Balgopal Food Products Private Limited was incorporated at Bargarh in Odisha,” says Ravindra. On 15th January 2005 first commercial production of solvent extraction plant started with 100 TPD (tonns per day) capacity.
Promoters were determined to provide healthy cooking oil to people, to achieve this the company added Refined rice bran oil production unit in 2007 (Om gold & Nivadan brands). Continuous increase in oil demand led the company to increase solvent extraction capacity from 100 TPD to 200 TPD in 2010 and 500 TPD in 2018 and refining capacity from 30 TPD to 100 TPD. Parboiled Rice milling unit production started in 2015. “With this step we added Parboiled rice to our production and got rice bran for oil units,” says Girdhar, another Director of the company. Today, company has spread its wings to more than 10 states in India, with more than Rs 350 crores of annual turnover of annual turnover.
Balgopal Foods aims to be a trusted brand in India for healthy products, green practices, efficient processes and delightful services driven by Education, Innovation, Collaboration and Coexistence
For accelerating its growth journey the company is currently working in projects like Fortified rice, Fortified oil and various organic products. Balgopal Foods also has an ambition of crossing the benchmark of 1000 Cr turnover within five years and becoming a national and international brand. “We want to contribute towards employment generation, renewable energy generation, and social development by facilitating skill development and humane education,” says Gopal. Balgopal group vision is “To be a trusted brand in India for healthy products, green practices, efficient processes and delightful services driven by Education, Innovation, Collaboration and Coexistence”. While concluding Mr. Ravindra promised that “We will be bold and agile, courageously taking on challenges, using deep customer insight to develop innovative solutions”.
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