Leo Dryfruits & Spices has secured a ₹25 crores defence supply deal with the Canteen Stores Department (CSD). enhancing its presence in the defence supply chain.
In a notable development, Leo Dryfruits & Spices Trading Limited has clinched a significant order from the Canteen Stores Department (CSD), an enterprise under the Ministry of Defence (MoD), Government of India (GoI). This order covers the supply of a wide range of products, including spices, ghee, and other essential food products, underscoring the company's growing presence in the defence supply chain.
Key details of the defence order
The company, known for its ISO 22000:2018 certification for Food Safety Management Systems (FSMS) and ISO 9001:2015 certification for Quality Management Systems (QMS), will now supply products under a formalised contract with finalised rates. However, the overall quantum of supply will depend on individual Purchase Orders (POs) issued throughout the agreement.
Leo Dryfruits & Spices anticipates receiving orders totalling approximately ₹25 crores during the first twelve months from the effective start date of the contract. The execution period for this supply contract has been set at one year, ensuring a steady business flow and contributing to the company's revenue and market expansion.
Contract highlights and strategic importance
The contract has been awarded by a domestic entity, strengthening Leo Dryfruits & Spices' footprint within the Indian market. Importantly, this deal is not classified as a related-party transaction, and there is no promoter or group company interest involved in the awarding entity.
The company's management views this development as a testament to its strong reputation in product quality and service standards. The deal is expected to impact business operations positively, enhance market presence, and open new growth opportunities. With such a prestigious client under its belt, Leo Dryfruits & Spices positions itself to gain more large-scale contracts in the future.
Broader impact on business
By fulfilling this high-profile government contract, Leo Dryfruits & Spices strengthens its commitment to providing premium food products that meet stringent quality standards, further solidifying its leadership in the market.
As the contract unfolds over the coming year, the company is well-positioned to deliver consistent supply, maintain compliance, and build on this momentum to achieve even greater milestones.
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