As a primary source of energy and nutrition, rice plays a vital role in feeding the world. Increased demand for Indian rice processing has helped to drive the steady progress of AGI Milltec. The distinction, awarded annually by India’s principal business magazine, Outlook India, recently recognized AGI Milltec and its Executive Director and CEO, Rajan Aggarwal, for showing sustainable, profitable growth in 2023 and setting standards of leadership and excellence in the agricultural sector. “On behalf of AGI’s dedicated employee teams in four state-of-the-art manufacturing facilities in Bengaluru, India, we are honored by these distinctions,” says AGI’s Rajan Aggarwal. “We are proud that AGI Milltec plays a vital role in supplying and serving AGI customers in India, Southeast Asia, the Middle East, Africa, Europe and Latin America with storage, handling and processing solutions for the grain, feed, seed, fertilizer and food sectors.” AGI Milltec is part of Ag Growth International (AGI), a provider of engineering and manufacturing solutions for the global food infrastructure including seed, fertilizer, grain, feed, and food processing systems. With manufacturing facilities in Canada, the United States, Brazil, India, France,
and Italy, AGI distributes its products worldwide.
A story of rice and grain
AGI’s operations in India were launched in 2019 when it acquired Milltec Machinery Ltd. and began offering a range of equipment under the AGI Milltec brand, which facilitates rice milling, pulses, seeds, maize, and multi- commodity processing. Backed by a dedicated R&D team to drive innovation and a customer support center to serve the value chain, AGI Milltec supplies end-to-end turnkey solutions for rice processing activities in India and beyond. According to Aggarwal, AGI’s success is driven by the hard work, dedication and innovation of AGI’s team from sales to manufacturing. AGI Milltec has helped to advance the Indian rice processing industry by locally designing and manufacturing top quality equipment, while following international quality standards. This allows AGI Milltec to deliver innovative storage, handling, conditioning, and processing equipment and systems at affordable prices. Following this model, AGI has made grain and rice milling solutions available to a wide range of global customers. Today, AGI is the market leader in paddy processing and has commissioned more than 15,000 rice mills in India. AGI also has installations in Honduras, Nigeria, Oman, and Dubai. Future growth plans include bringing world-class grain storage and handling solutions to India, APAC and Australia as well as providing Indian companies with livestock feed and pet food processing solutions.
Rajan Aggarwal credits AGI and AGI Milltec’s steady contributions to the hard work, dedication, collaboration, and innovation of employees and the customers they serve. “What has most impressed me about AGI is that as a global company, it has a deep appreciation for the importance of teamwork and understanding local market needs,” says Aggarwal. “The growth potential is tremendous in India and the APAC region. With our ability to deliver comprehensive, customized solutions, we are well-positioned to help meet the needs of a changing grain, feed and food industry.” In 2016 Rajan joined Milltec as Executive Director and CEO prior to the company’s acquisition by AGI and has remained with AGI leading the company’s Indian operations. Earlier this year he was named Times Ascent Business 2023 Leader of the Year and was recognized as CEO of the Year at the 2019 Food Show India.