Matco Rice Processing Pvt. Ltd is founded by Syed Sarfaraz Ali Ghori, a visionary entrepreneur.

Matco sets up its first rice processing plant in Larkana, Sindh. At that time, direct export of rice by private companies was not allowed and Matco sold processed rice to RECP which was the Government export monopoly.

Matco Rice begins operations to serve as an agent of Satake Japan, in Pakistan.

Matco commissions Pakistan’s first fully-automated, modern rice processing plant supplied by Satake Corporation of Japan.

The company’s flagship brand Falak, is launched in the international market, with the first shipment of its own brand.

Matco’s second state-of-the-art rice processing unit is set up in S.I.T.E.-II Industrial Zone, Karachi. Ghori Trust is sponsored and formed by Matco to support community service initiatives.

The flagship brand Falak is launched in the local Pakistan market.

The company operates 25 warehouses for storing raw rice to meet its milling capacity.

Matco successfully adds its 4th processing line at its existing facilities in S.I.T.E.-II Industrial Area Karachi to meet the ever increasing demand.

Matco commissions Sadhoke Plant (Phase-1) in Punjab, Pakistan.

Subsequently, 3 more silos and 2 more dryers are added (Phase-II) are added to increase rice storage and drying capacity

IFC, a member of World Bank Group injects an equity investment of US$ 5 million for further expansion of Sadhoke Plant. Matco’s Kissan Dost Program (Friends of Farmer) is launched to provide farmers with services to improve their rice production capabilities and lower their costs.

Matco established a New Product Development unit to venture into new products, and launches Organic Rice Flour, Himalayan pink salt and Rice Bran Oil in the local and international markets.

The company formally changes its name from Matco Rice Processing (Pvt.) Limited. to Matco Foods (Pvt.) Limited in line with its vision to become a leading supplier of consumer foods.

Falak Masala range is launched in the local market, along with premium grinder bottle range. The company introduces Falak Kheer Mix, the first of the company’s new dessert range, in the local and international markets.

Matco sets up a dedicated state of the art organic Rice Glucose and Rice Protein manufacturing facility in Karachi. Matco Foods and Oxfam sign a pilot project Grassroots Farming Initiative in 10 villages in Punjab, targeting 1500 farmers, predominantly females, to improve their socio-economic wellbeing.

The first international shipment of Rice Glucose is made by Matco Foods. Falak Ginger and Garlic paste range is launched in the market. The company is formally listed as a Limited company at the Pakistan Stock Exchange (PSX). Commissioning for Phase 2 Expansion of the Rice Glucose Plant commences.

Matco Foods shifts to its new Corporate Head Office in Karachi. Falak Desi Shakar (jaggery powder) and Falak Arabian Sea Salt and Low Sodium Salt are introduced as part of its Gourmet Salt Range. Matco Foods and Barentz International, form a joint venture Barentz Pakistan (Private) Limited to provide a ‘one-stop-solution’ service for standard and specialty ingredients for the Food, Nutrition and Pharmaceutical industries. Rice Glucose plant Phase 2 Expansion is completed and production begins. Grassroots Farming Initiative Phase 2 commences and is extended till 2021, to reach 2500 farmers. Matco Goes Green initiative is launched with the aim of using sustainable and energy methods. Solar panels are installed in the Karachi facilities

Solar panels are installed in Punjab facilities as part of Matco Goes Green Matco receives the Foods Excellence Award for the best rice brand in Pakistan by Governor Sindh. Matco Foods formally announces its new venture to set up a corn starch manufacturing plant at a Special Economic Zone (SEZ) in Faisalabad, Punjab.

Ground breaking ceremony of Matco’s new Corn Star Plant at Faisalabad