MILLTEC Machinery Ltd, an ISO 9001-2015 and ISO 14001:2015 certified company was founded in 1998 in Bangalore, India to manufacture machinery & equipment for the rice milling industry. At present we are offering milling equipment for rice milling, pulses processing, maize (corn) milling and seeds processing.
The company provides end-to-end turnkey solutions for rice processing activities.
MILLTEC is managed by an experienced team who have decades of experience in the related field. The company is managed professionally and employs over 937 individuals.
MILLTEC is passionately committed to delivering customer-driven innovative solutions to save process loss and to maintain hygienic standards in food processing and allied industries by adopting qualitative practices.
MILLTEC was founded in 1998 by R Ravindranath, Rajendran Joghee, V Ramanaiah and VGN Prakash. Of the four promoters, V Ramanaiah and VGN Prakash exited the business in 2013 while R Ravindranath and Rajendran Joghee continue to provide leadership to MILLTEC.
|1999||Incorporation of the Company|
|2002|| Revenue from sales crosses over ₹50 million
The brand name, “MILLTEC”, is established in the market
|2003||Introduced new products such as cleaning, de-husking machines and graders are launched|
|2004||Commencement of supply of end-to-end turnkey solutions|
|2006||Our Company executed an agreement with a German agricultural processing equipment manufacturer, for providing technical knowhow|
|2007||Established a pan-India sales and service network, with our sales and service coverage spreading across 152districts in 19 States|
|2008|| Our Company catered to mills processing up to five MTPA
Commenced exports of products to Germany and Sri Lanka
|2010||Revenue from sales crosses ₹1,000 million|
|2012||Our Company catered to mills processing up to 12 MTPA|
|2013||Revenue from sales crosses ₹1,550 million|
|2014|| Investment by Multiples India and Multiples Mauritius, acquiring a stake of 49% of the Equity Share capital of the Company
Expansion of our business into parboiling and pulse processing segments
|2015||Launch of elite series products; implementation of company wide enterprise resource planning systems|
|2017|| The Company acquires the assets of Sunshine
Our Company launches color sorters
Introduction of CMR
|2018||Introduction of pulse processing equipment, new parboiling equipment|