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.
What happened
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
Key facts
- Rs 700 crore capex
- Rs 20,000 crore FY30 revenue target
- USD 119 million order book
- Rs 202 crore Bozza deal
- USD 97.35 million Middle East order
- 40,000+ sq ft Nashik facility
- 5,000 distribution partners
- 500,000 retail outlets
- 10 brands
- 150+ SKUs
Why this matters
The Bozza playbook signals an acquisitive FMCG roll-up; expect Elitecon to keep hunting mid-market brands that plug SKU or distribution gaps under the Rs 20,000 cr umbrella.