Synthite Industries scales from ₹3 cr to ₹1,700 cr as spice-extracts backbone of Indian F&B
Business Today profiles Synthite Industries, the Kerala-based spice and oleoresin extracts major, tracing its growth from ₹3 crore to ₹1,700 crore in revenue. A key upstream supplier to Indian consumer F&B brands, the company's scale underscores the depth of India's flavour ingredient supply chain.
What happened
Profile of Synthite Industries, an Indian spice and oleoresin extracts company, charting its growth from ₹3 crore to ₹1,700 crore in revenue — relevant to F&B
Key facts
- ₹3 crore
- ₹1,700 crore
Why this matters
Synthite's upstream dominance makes it both a critical sourcing dependency to lock in and a potential strategic partner or acquisition target for vertically integrating F&B brands.