India – 02-28-2019 (PRDistribution.com) —
~ Acknowledged for its significant contribution to the agricultural economy of the country~
Family run agri-food company, HL Agro Products has underlined the significant financial & environmental benefits it offers the Indian economy & food processing industries by winning the “Agri Company of the Year” award at the 2019 News Corp VCCircle awards ceremony held in Mumbai.The News Corp VCCircle awards recognizes the best performing companies & transaction advisors that not only record tremendous growth but also have a longstanding impact on their respective industries and the economy in general. HL Agro was singled out for its contribution to the agricultural economy & efforts towards enhancing the market share of the oilseeds & corn starch commodities at the national & global levels. The awards, which are the pre-eminent honours for disruptive and fast-growth business in the banking, infrastructure, agriculture, education, private equity and venture capital ecosystem, had prominent international and domestic private equity fund managers, top entrepreneurs, CEOs, limited partners, and other industry stalwarts in attendance this year. The winners were chosen based on the recommendations of an eminent five -member jury of industry veterans and long-term watchers of business. The jury comprised Keki Mistry, CEO at Housing Development Finance Corporation; Gopal Srinivasan, chairman and managing director at TVS Capital Funds Ltd; Michael Liu, senior vice president at Portfolio Advisors; Sameer Garde, president (India and SAARC), Cisco; and Anjali Bansal, founder of Avaana Capital.HL Agro bagged the Award post an intricate performance review against the industry specific benchmarks & peer group performance. The judges identified HL Agro’s holistic and consummate business strategy and leadership, as well as its clear focus on financing of new business models and innovative technologies, as some key differentiators in selecting it as a Winner of the category. It was also judged on the qualitative parameters of brand value, sustainable growth, management quality, product delivery & impact on the industry and the economy. Speaking on the occasion, Mr. Akhilesh Sahu, Director of the company said, “Winning this award is a testament to HL Agro’s consistent growth, our passionate team who deliver world class ingredient solutions to a global client base of loyal customers and our strong focus on innovation and technology. We are excited to continue our work with a wide range of leading brands across the food industry to help them focus on what matters most—keeping their customers safe and happy.”To learn more about the event & the winners of 2019 awards, please visit: https://www.vccircle.com/tag/vccircle-awards-2019About News Corp VCCircle:The VCCircle Network is a leading corporate finance, data, news and information services group. Its portfolio of businesses includes leading news web sites, flourishing events and training divisions, end-to-end content solutions practice and financial data and research platform VCCEdge. Through these verticals, VCCircle connects decision makers to an enterprising network of ideas, information, insights and influencers.In 2015, VCCircle was acquired by News Corp, one of the largest news and information services providers globally that publishes leading dailies such as The Wall Street Journal in the US, The Australian in Australia and The Times in the UK. News Corp also runs integrated marketing services; digital real estate services; book publishing; digital education; sports programming and pay-TV distribution in Australia. VCCircle.com is the pre-eminent source of news, information, data and analysis on alternative investments in India. The platform covers deals, exits, M&As, investors, investments, entrepreneurship, management and strategy. About H.L. Agro Products: HL Agro Products Pvt. Ltd is the flagbearer of six decades old H.L. Group of companies headquartered in Kanpur, India. HL Agro Products Pvt. Ltd. is an HACCP & ISO22000:2005 certified industrial entity and the noted exporter of sesame seeds, corn starch, liquid glucose & other corn derivatives in India.
The processing units at HL Agro are fully automated and well equipped with state of the art technology, imported machinery making it truly the 21st century in its accomplishment. Built on the norms of Good Manufacturing Practices & HACCP guidelines, the plants are capable of processing 22000 MT sesame seeds annually & grinding 300 MT corn daily. HL Agro’s sesame seeds processing unit is an SGS certified entity listed with Agricultural and Processed Food Products Export Development Authority (APEDA), India Organic, USFDA, Kosher, Halal & USDA Organic and Export Promotion Council. HL Agro now endeavours to burgeon globally by elevating its starch & corn sweeteners portfolio with an array of Malto-dextrin, Dextrose monohydrate, sorbitol, high-maltose corn syrup amongst others.
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