Elitecon plots Rs 700 cr FMCG push, eyes Rs 20,000 cr revenue by FY30
Elitecon International is deploying Rs 700 crore to scale 10 FMCG brands across 150+ SKUs, leveraging a 40,000 sq ft Nashik facility, 5,000 distributors and 500,000 retail outlets. A USD 119 million tobacco export book and the Rs 202 crore Bozza acquisition anchor the FY30 revenue ambition.
Elitecon International unveiled a Rs 700 crore FMCG expansion plan targeting Rs 20,000 crore revenue by FY30, leveraging its Nashik facility and USD 119 million tobacco export order book to build 10 brands across 500,000 retail outlets.
Why this matters
Follows Elitecon's 20% upper circuit on its Rs 20,000 cr FMCG roadmap, with this signal detailing the capital, capacity and distribution backbone behind that ambition.
Retail-company signals steady at 2,566 over 90 days, indicating sustained corporate activity.