For our entire lives rely upon FMCG (Fast Moving Consumer Goods) products that fulfill our fundamental necessities. FMCG products are those that have a short shelf life that is created in high volumes with minimal effort and are made for rapid consumption.
This industry incorporates household items, over the counter medicines, food, personal care items, and stationery and consumer electronics, etc. This fast-moving consumer goods products (FMCG) area is India’s fourth-biggest sector and has created employment for more than 3,000,000 individuals.
Top 5 FMCG Companies in India in 2020
Today, we take a look at the top 5 FMCG companies in India that are responsible for keeping over 1.3 billion Indians on their feet every day.
Hindustan Unilever Limited (HUL)
HUL was set up in 1931 as Hindustan Vanaspati Manufacturing Co. furthermore, following a consolidation of constituent groups in 1956, it was renamed Hindustan Lever Limited. The organization was renamed in June 2007 as Hindustan Unilever Limited. Consumer Goods Company headquartered in Mumbai of Unilever is a subsidiary of Unilever, a British organization. Its products include foods, beverages, cleaning agents, personal care products, water purifiers, and other fast-moving consumer goods.
HUL has served more than 2 billion clients for more than 87 years. HUL has more than 35 brands across 20 categories, for example, soaps, detergent, skincare, cosmetics, tea, toothpaste. The brand includes famous names like Surf, Excel, Dove, Lux, Lifebuoy, Clinic Plus, Wheel, Sunsilk, Knorr, Axe, etc. In December 2018, HUL announced its acquisition of GlaxoSmithKline’s India business for $3.8 billion in an all-equity merger deal with a 1:4.39 ratio. In April 2020, HUL finished its merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) after completing all legal procedures.
ITC Limited
ITC’s wholly owned Information Technology subsidiary, ITC Infotech India Ltd, gives IT services and solutions to leading global clients. Their products include Bingo, Sunfeast, Aashirvaad, Fiama Di Wills, Vivel, Savlon soaps and handwash, Papercraft, and Classmate. ITC sells 81% of the tobacco products in Asia including brands like Wills Navy Cut, Gold Flake Kings, Silk Cut, India Kings, Bristol, Gold Flake Super Star, Gold Flake Premium Lights, Classic Menthol, etc. and other FMCG products. ITC Limited is an Indian worldwide conglomerate organization headquartered in Kolkata, West Bengal. Established in 1910 as the Imperial Tobacco Company of India Limited, the organization was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Restricted in 1974. The organization currently stands renamed to ITC Limited.
The organization finished 100 years in 2010 and starting at 2019–20, had an annual turnover of US$10.74 billion and a market capitalization of US$35 billion. It utilizes more than 36,500 individuals and more than 60 locations across India and is essential for the Forbes 2000 list.
Nestle India
Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss global organization. The organization is headquartered in Gurgaon, Haryana. The organization’s products incorporate food, beverages, chocolate, and confectioneries. The organization was incorporated on March 28, 1959, and was promoted by Nestle Alimentana S.A. through a subsidiary, Nestle Holdings Ltd. As of 2020, the parent organization Nestlé owns 62.76% of Nestlé India. The organization has 8 production facilities in different areas across India.
Nestle India Ltd, one of the biggest players in the FMCG fragment, has a presence in milk and milk & nutrition, beverages, prepared dishes & cooking aids & & chocolate & confectionery segments. The food business incorporates product groups, for example, milk products and nutrition, beverages, prepared dishes and cooking aids, chocolates, and confectionery. Nestle India manufactures products under brand names, such as Nescafe,Maggi, Milkybar, Milo, Kit Kat, Bar-One, Milkmaid, and Nestea. The annual revenue of the company is Rs. 12,615.78 crores (as of 2019)
Britannia Industries
Britannia Industries is one of India’s leading food organizations with a long term inheritance and annual revenues in the abundance of Rs. 9000 Cr. Britannia is among the most trusted food brands and fabricates India’s number one brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are commonly recognized names in India. Britannia’s product portfolio incorporates Biscuits, Bread, Cakes, Rusk, and Dairy items including Cheese, Beverages, Milk, and Yogurt. It is a brand which numerous generations of Indians have grown up with and are cherished in India and the world over.
It was set up in 1892 in Kolkata with an initial investment of just Rs. 295. Their products are available in more than 5 million retail outlets. Over half of Indian family units are glad clients of their numerous range of food products. The FMCG is known as the initial Zero Trans Fat Business in the nation. They have a broad dissemination network in India and 60 different nations. The annual revenue of the company is Rs.10,672.97 crore.
Marico
Marico Limited is one of India’s leading consumer goods companies working in the health, beauty, and wellness space. With its headquarters in Mumbai, Marico is available in more than 25 nations across developing business sectors of Asia and Africa. It supports leading brands across categories of hair care, skincare, edible oils, healthy foods, hygiene, male grooming, and fabric care. In 2019-20, the organization created a turnover of INR 73.1 billion (USD 1.03 billion) through its products sold in India and chosen markets in Asia and Africa. Marico touches the lives of 1 out of each 3 Indians, through its portfolio of brands, for example, Parachute, Saffola, Saffola FITTIFY Gourmet, Coco Soul, Parachute Advansed, Hair and Care, Nihar Naturals, Livon, Set Wet, Set Wet Studio X, Veggie Clean, Kaya Youth, Travel Protect, House Protect, Mediker, Revive and Beardo. They maintain their innovation in manufacturing and packaging to preserve the tagline “Make a difference”.
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