Swiss firm invests in Suminter India Organics


Switzerland-based responsAbility Investments AG has invested in organic food exporter Suminter India Organics Pvt. Ltd, marking its second deal in the food and agriculture sector in the country.


Suminter sources, processes and exports organic produce such as soya, spices and herbs, cocoa, virgin coconut oil, vanilla, sugar, cereals and pulses, and cotton.


The sourcing and processing operations are spread across Asia and Africa and it has customers across 20 countries, including the US. It works with about 50,000 farmers.


Suminter reported revenue of Rs 528 crore for 2016-17, up from Rs 334 crore the previous year.


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