In India, Fast Moving Consumer Goods (FMCG) companies have had remarkable growth in recent years. The diverse needs of the customer and the increasing purchasing power of the middle class have led to rapid development in the industry.
The FMCG sector consists of products that are consumed daily, like household items, food and beverages and personal care. In the Indian economy, the FMCG sector is considered the 4th largest contributor. Here are the top FMCG companies in india that you should know about:
- ITC Limited
ITC Ltd was started in 1910 with the name of Imperial Tobacco Company of India in Kolkata, West Bengal. The company name was changed to Indian Tobacco Company in 1970, and in 1974, it was renamed as I.T.C Limited.
ITC Ltd. has been in the Indian markets for over 110 years, and it has transformed into a diverse group of companies. Their products include paperboards, agricultural goods, printing and wrapping, hotel chains, personal care items, labeled processed foods, stationery, safety matches, branded apparel, and agarbatti.
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- Hindustan Unilever
Hindustan Unilever Limited (HUL) is among the top fmcg companies in india, and it has been in India for over 80 years. The HUL is a subsidiary of Unilever and is one of the leading suppliers of home care, personal care, food, and refreshments products.
HUL has 35 brands in categories such as soaps, skincare, detergents, shampoos, toothpaste, cosmetics, deodorants, tea, packaged foods, ice cream, coffee, and water purifiers. HUL products has wide reach all over the country and are part of life in many Indian households.
- Nestle
Nestle India is a subsidiary of Nestle Switzerland. It is one of the largest food and beverage companies and is present in 191 countries Worldwide. Nestle has a large number of FMCG distributors and co-workers, and it provides consumers with standard products.
Nestle has more than 2,000 brands across the globe. In India, it provides a large selection of milk products, nutrition and beverages. It also offers prepared dishes like Maggi and chocolates. Its head office is located in Gurgaon, Haryana and branch offices are located in Delhi, Mumbai, Kolkata, and Chennai.
- Amul
Amul is based in Gujarat, and it is an Indian dairy cooperative society formed in 1976. Amul is managed by a cooperative body, and it is the apex body of 13 District Milk Unions. It operates in 13,000 villages in India, and Amul has the distinction of spurring the White Revolution in India.
Amul’s foundation has an important role in the White Revolution in India and has made India the largest producer of milk and milk products. Amul mainly deals with milk and milk products such as fresh milk. Paneer, cheese, curd, milk powder, and it also sells beverages and chocolates. The company has 50 sales offices with 5,000 wholesale dealers and 7,00,000 retailers.
- Britannia Industries Ltd
With more than 100 years of legacy, Britannia Industries is one of the best FMCG companies in India. The company is the most trusted food brand and produces India’s favorite biscuits. Britannia’s products include biscuits, cakes, rusk, bread, and dairy products, including beverages, milk, cheese, and yogurt.
Britannia has an extensive distribution system in both urban and rural areas, which supports its strongest market positions. Britannia products are available all over the country, with nearly 5 million retail outlets.
- Dabur India Ltd
Dabur is the largest and most well-known natural health care and ayurvedic company in the world, with a 135-year history and expertise. Foods business, consumer care business, and international business are the three Strategic Business Units of Dabur.
The Dabur consumer care products include home and personal care as well as health care. With its products reaching consumers all over the world, Dabur has developed a unique product line based on all-natural components.
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- Marico Ltd
Marico Ltd was started in 1990, and it is based in Mumbai. Marico is one of the leading FMCG companies in India that manufactures daily products like edible oil, hair care, skin care products, men’s grooming, fabric care, and health foods.
In Asia and Africa, Marico has its business in over 25 countries. At least one out of every three Indians consume Marico products through its brands, such as Saffola, Parachute, Parachute Advanced, Mediker, Nihar Naturals, and many more.
- Godrej Consumer Products Ltd
Godrej was managed and owned by the Godrej family. It was founded in 1897 and is based in Mumbai. They launched the world’s 1st vegetable oil soap in 1918, and their soap was fondly known as Godrej No. 1 and was endorsed by many freedom fighters.
Godrej now operates in diversified sectors such as consumer products, real estate, industrial engineering, furniture, security appliances, and agricultural products. Godrej Industries is its affiliated company, and its subsidiaries include Godrej Properties, Godrej Consumer Products, Godrej Agrovet, and a private holding company, Godrej & Boyce Mfg. Co. Ltd.
- Tata Consumer Products
Under the Tata group of businesses, Tata Consumer Products is a fast-growing business. It is the second-largest producer and exporter of tea in the world and a significant producer of coffee as well.
Tata Consumer Products Limited was initially named as the Tata Global Beverages Limited (TGBL). In 2020, Tata Global Beverages Ltd. and Tata Chemicals Ltd.’s consumer products division amalgamated to form Tata Consumer Products. Now, it has a variety of spices and tea products in India.
- Emami Group
Emami Group is based in Kolkata and is an Indian multinational conglomerate company. The company has many manufacturing units in India and abroad. The Company mostly deals in healthcare and personal care segments.
Emami Group’s products are sold in more than 60 countries and are available in 45 lakh retail stores in India. Boro Plus antiseptic cream is a famous product that is well-known in India. Their other most consumed products include Fair and Handsome, Navratna Oil, Navratna Cool Talc., Himani Fast Relief, Sona Chandi Chyawanprash, Zandu Balm, and more.
Final thoughts
FMCGs are less expensive commodities that sell quickly. The FMCG sector is crucial to the Indian economy as it has a profound impact on every aspect of a person’s life. Previously, the majority of the income of India’s biggest FMCG companies was concentrated in urban areas, but this has been changing. The FMCG companies are quickly expanding to rural and semi-urban markets.
FAQs
- What is an FMCG company?
FMCG companies produce high-demand consumer goods, have a lower self-life and are sold at a relatively lower cost. Packed food and beverages, cosmetics, and cleaning products are some of the FMCG products.
- Is FMCG a competitive industry?
FMCG is one of the highly competitive fields. The field has both top multinational corporations and local companies competing for market share.
- What is the growth rate of the FMCG industry?
The FMCG industry in India grew by 12.2% in value in the 1st quarter of 2023. The higher growth is attributed to the higher consumption.
- How do FMCG companies distribute their products?
The FMCG companies use various distribution channels like retailers, wholesalers, hypermarkets, supermarkets, and e-commerce platforms to distribute their products.
- Is the FMCG business profitable in India?
The FMCG business has a very thin profit margin, and the profit margins can vary from 2% to 25% according to the nature of the business.
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Hello there, my name is Phulutu, and I am the Head Content Developer at Nivesh Karlo. I have 13 years of experience working in fintech companies. I have worked at Policybazaar, Paytm Money, Investopedia, and others. I love writing about personal finance, investments, mutual funds, and stocks. All the articles I write are based on thorough research and analysis. However, it is highly recommended to note that neither Nivesh Karlo nor I recommend any investment without proper research and read all the documents carefully.
