BL Agro heads to Africa with Rs 7,000 crore Tanzania bet; targets edible oil
Benchmarks Nifty22,573.50-237.85FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.76 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.76 % Invest NowEnter search…

BL Agro plans to invest Rs 7000 crore in Tanzania over the next ten years for international expansion. The company will focus on edible oils, dairy, animal husbandry, agriculture, and manufacturing. This investment aims to build an integrated ecosystem, leveraging Tanzania’s agricultural resources with Indian technology.
Bareilly-headquartered FMCG and food manufacturing company BL Agro on Thursday announced its entry into the global market with a strategic investment of Rs7000 crore in Tanzania, Africa. The investment will be spread across phases over the next 10 years. The international expansion will focus across edible oils, dairy and animal husbandry, agriculture, research and manufacturing.Edible oils will be BL Agro’s primary focus. Tanzania is one of the world’s leading sunflower producers and has significant oilseed potential. As part of its expansion strategy, BL Agro will set up edible oil production and processing facilities that add value locally and meet growing domestic demand.
The company’s global expansion is part of its ambition to become a Rs 30,000 crore group by 2030. The investment will create an integrated ecosystem in Tanzania, combining the country’s agricultural resources with Indian technology and processing expertise, with the potential to make Tanzania BL Agro’s gateway to the wider East African market. It is also expected to strengthen trade, technology and economic cooperation between India and the East African nation.
The announcement follows a recent visit to Tanzania by a five-member BL Agro delegation, which met government representatives and stakeholders to discuss investment opportunities and a roadmap for the proposed projects. It also coincides with Tanzanian President Samia Suluhu Hassan’s visit to India, during which both countries discussed ways to deepen bilateral cooperation and investment.
Commenting on the expansion plans, Ashish Khandelwal, Managing Director, BL Agro, said, “Tanzania is an agriculture and livestock powerhouse with significant headroom to raise productivity, and that is where Indian technology and processing expertise can make a real difference. Tanzania presents significant opportunities across agriculture, food processing, dairy and allied sectors that would act as a key growth driver for BL Agro. We have planned a Rs 7000 crore investment that is aimed at creating long-term partnerships to create value for local communities. This is also designed to bring Indian expertise, technology and industry experience to Tanzania."
Live Events
“Tanzania Government welcomes BL Agro Industries Limited proposed Rs 7000 crores investment in Tanzania. It is indeed a testament to Tanzania’s rich potential in agriculture, edible oils, dairy and food processing, and to the growing warmth of India – Tanzania trade and investment ties. This collaboration will bring valuable technology, create jobs, nurture skills, and most importantly empower our farmers through local value addition and sustainable growth. We see this as the beginning of a strong mutually beneficial long-term friendship”, said Anisa K. Mbega, High Commissioner of the United Republic of Tanzania to India.
BL Agro will also leverage its growing expertise in animal husbandry and dairy industry by exploring modern dairy infrastructure and unlock opportunities to strengthen Tanzania's livestock ecosystem. The company is also evaluating collaboration with local farmers through contract farming and agricultural supply-chain development. These initiatives could support local production and build stronger linkages between farmers, processing infrastructure and markets.
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onBL AgroTanzania investmentagriculture and food processingedible oils marketglobal market expansionIndian technologydairy industryEast African marketanimal husbandrybl agro industries limited
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...moreless(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onBL AgroTanzania investmentagriculture and food processingedible oils marketglobal market expansionIndian technologydairy industryEast African marketanimal husbandrybl agro industries limited
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...morelessContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET
Unlock Access to All Exclusives with ETPrime FREE TRIAL
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
Trial offer expiring in00 : 05 : 00
I'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Unlock ETPrime's Exclusive Stories Today!
Big Price Drop! Flat 40% Off
Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In nowOffer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail OfferOffer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail OfferSpecial Offer
Get flat 40% off on ETPrime
Avail OfferAvail OfferClaim NowAlready a Member? Sign In nowNeed Assistance?
Connect with an ETPrime expert for personalized support and guidance
+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '' + h3 + '
' + h4 + '
- ' + listing + '
What’s Included with
ETPrime Membership
1Exclusive Insights That Matter
Uncover the truth with our investigative stories
Make strategic moves using the real-world case studies
Read industry-specific stories to identify emerging trends
Spot opportunities with in-depth insights that matter
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
The problem with lab grown diamonds
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
2Invest Wisely With Smart Market Tools & Investment Ideas
Alpha Trade
Get daily trade ideas from SEBI-registered research analysts.
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
All-in-one stock research with Stock Score, peer comparison & key signals.
BigBull Portfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
3Stay informed anytime, anywhere with ET ePaper
ePaper - Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper - Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
5Enjoy Complimentary Subscriptions From Top Brands
Stream new documentaries from all across the world every day.
Stories you might be interested in
Figures reflect the source report and its stated period. This article is for information and is not investment advice.



