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Incorporated in 1994-95, Karuturi Global Limited is engaged in three businesses: floriculture, processing foods – gherkins, and information technology.
Floriculture
The company was initially set up as Karuturi Floritech in Doddaballapur, near Bangalore with an annual capacity to process 12 million premium cut roses at its state-of-the-art facilities.
Promoted by Ramakrishna Karuturi, the company has set up a wholly owned subsidiary in Ethiopia, Africa – Ethiopian Meadows Plc - to produce roses with a special focus on HT roses. And today with the combined production capacities of India and Ethiopia, Karuturi ranks amongst one the largest cut rose producers in the world with a strong global presence.
In addition to cut roses, the company also supplies cut rose products such as rose plants, coco peat and coco cups to customers across over 15 countries including Holland, Germany, United Kingdom, Italy, Singapore, Taiwan, Bahrain, Muscat, Dubai, Australia, Japan, New Zealand, Brunei and across North America.
Processed foods – gherkins
Having consolidated its presence in floriculture, Karuturi has now expanded into the fast growing agro-based and food processing business sector to export bulk and bottled gherkins to international processed food firms and super markets in major consuming nations such as the US, Europe and Russia, which are also the company's key rose markets.
Information technology
The company has also diversified into IT and network solutions under which it provides bandwidth to multinational companies and also develops software for the auction portal in its floriculture business.
Rosebazaar.com
The synergy between our two business divisions – floriculture and IT - is apparent in www.rosebazar.com , our Portal website for floriculture which is conceptualised, designed, developed and hosted by the combined efforts of the two divisions.
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