The company attributed the improvement to a sustained lift in consumer flour sales, where revenue grew 4.4%.
CEO and cofounder Palash Jain said that Kiara processes 100% locally sourced paddy rice, yet still faces acute supply constraints.
The facility houses 15 silos, built in various configurations to meet the customers’ specific needs.
Fernandes has served as CEO of the Cereal Millers Association for over 18 years, during which she has collaborated with government agencies and non-state actors to enforce mandatory food fortification standards in Kenya.
The Singapore-based agribusiness said the award affirms its long-term strategy of building integrated value chains that support farmers.