Kerala's Synthite hits $500M revenue, eyes IPO and $1B by 2030
Kochi-based Synthite Industries, world's largest spice oleoresin maker with 30% global share, has grown quietly into a $500M supplier to Givaudan, IFF and Indian FMCG giants, now targeting $1B revenue and a stock market listing within three years.
Kerala's Synthite Industries, world's largest spice oleoresin producer, hits $500M revenue, supplies global F&F giants and Indian FMCG brands, plans IPO and expansion into higher-value natural ingredients by 2030.