12-Jun-2026 19:06:13
ELITECON UNVEILS ₹700 CR FMCG EXPANSION ROADMAP 🚀
• 🎯 Company targets ₹2,000 Crore revenue by FY30 through a phased FMCG expansion strategy • 💰 Planned investment of ₹700 Crore in FMCG business over the next few years • 🏭 Expansion supported by existing 40,000+ sq. ft. manufacturing facility in Nashik • 🌍 Backed by USD 119 Million+ international tobacco order book across Africa and the Middle East • 📦 Plans to build a distribution network covering 5,000 partners and 5,00,000+ retail outlets • 🛒 Aims to scale a portfolio of 10 consumer brands and 150+ SKUs • ⚙️ Capacity enhancement initiatives underway, including automation upgrades and quality assurance expansion 🟢 Impact: Positive (Large FMCG diversification plan with significant capex and revenue target can create a new long-term growth engine beyond tobacco exports.)
ELITECON INTERNATIONAL L