India is a great hub for Fast Moving Consumer Goods (FMCG) companies since last many years. Over 100 crore people of India depend on all the FMCG companies for their day-to-day products. Being the fourth leading FMCG industry in the world, the Indian FMCG sector promises to accept superior and improved shape with the recorded size of worth USD 33 billion by year 2015 and an enormous USD 100 billion by year 2025.
These companies sell products that are sold fast and at comparatively low cost all over India. Examples of products from FMCG Companies include non-durable goods such as soft drinks, over-the-counter drugs, toiletries, processed foods and numerous additional consumables. Below are the top 10 best and most famous FMCG companies in India in 2020.
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Amul Company has been a forerunner in the fields of the divisions of milk and milk products and it is a dairy product manufacturing company with head office located in Gujarat state. This FMCG Company has a yearly turnover of Rs 20733 crores which is a proof that it is worth to be on this list. It began its journey in the year 1946 and has the yearly milk production capacity of 3.6 million which is high. Milk manufacturers at rural community sell their product to Amul cooperative societies. Later this milk is processed in district unions and lastly at state level, these milk products are sold to customers. It has turnover of 21.5 Billion Dollars and currently 700+ employees are functioning in it.
9. Procter & Gamble
Procter & Gamble; was established in year 1964, now serves more than 650 million consumers all over India. Its company includes the Beauty & Grooming section, the Household Care section as well as the Health & Well Being section, with reliable brands that are now household names in the country.
The company is dedicated to justifiable growth in India, and is presently invested in the country through its five plants and more than nine contract manufacturing locations. This company is also has a great prospect for job as it has created 26,000 jobs directly and indirectly. Procter &Gamble; has more than 125000 employees that operated to manufacture finest quality products using advanced technology. Its corporate office is located in Cincinnati, USA with turnover of 83 Billion dollar and falls under public limited sector.
8. Godrej Group:
Godrej Group is the prominent FMCG Company of the country that owns head office in Mumbai. It produces personal care using contemporary technology, affordable prices through help of more than 25000 employees working with a goal to yield quality products. This company recognized as early as in the latter half of the 19th century and it appears to be continuing very strong also in this era of the 21st century. Godrej Group has turnover of 4 Billion Dollar till now, and it targets to expand itself by 10 times by the year 2020 to what it was holding in year 2010.
7. Colgate Palmolive (India) Ltd:
From an unassertive start in year 1937, when handcarts were implemented to distribute Colgate Dental Cream Toothpaste, Colgate-Palmolive (India) presently has one of the extensive distribution systems in the country. This is a logistical wonder that makes Colgate obtainable in nearly 5.0+ million retail outlets all over the country. This Company has developed to a Rs. 4132 crore plus association with an exceptional record of augmenting value for its strong shareholder foundation. It leads the 6735 crore Indian toothpaste market simultaneously holding 54.7% of the market share value.
6. Britannia Industries Ltd:
Britannia Industries Ltd. has yearly revenue of Rs. 8500 and has been marketing products at 4.2 million retail outlets which is a large number indicating its wide network. Maximum of the product that the company manufactures are supplemented with micro-nutrients for health of people. In year 1997, Britannia has begun selling Dairy products and has taken enormous marketplace share of dairy product industry. Its turnover is 730 million dollars and currently 2000+ employees are working in it.
5. Marico Ltd:
Marico is a prevalent FMCG company of the country and been involved in business of manufacturing Health and Beauty products. Its head office is located in Mumbai and has yearly turnover of 6000 crore. It owns 8 manufacturing units situated across PAN India. Marico owns 26 years of FMCG industry experience and holds 3000 employees functioning in diverse segment. Its turnover is 850 million dollars and its motto is to create a change to the lives of every stakeholder – members, consumers, associates, investors and the society.
4. Dabur India Ltd:
Dabur is presently India’s most reliable name and it is the world’s major Ayurveda and Natural Health Care Company. It has revenues of more than Rs 8,436 Crores and owns market capitalisation of Rs.44,000 crores. It serves quality products with experience of over 131 years, with a portfolio of more than 250 Herbal/Ayurveda products. Dabur’s FMCG portfolio currently comprises five flagship brands with separate brand identities .These flagship brands are Dabur as the principal brand for natural healthcare products, Hajmola for digestives, Réal for fruit juices and beverages, Vatika for premium personal care, and Fem for fairness bleaches and skin care goods.
Nestle is ranked among the best FMCG Companies in India the country Nestle India having captured the market for all your requirements. Examples of the requirements are ranging from the chocolates for the children or even the powdered milk. The company has well been capable to captivate the market in several fields at large. Its turnover is 87 Billion dollars and its corporate office is located in Vevey, Switzerland. Presently, 328000+ employees are working in the company delivering the best food, coffee and dairy products.
2. ITC Limited:
ITC Limited is one of the foremost FMCG Company of India and has been involved in the industry since last 100 years. It works in manufacturing Tobacco products and owns a head office in Kolkata. This company is listed in stock market and has 26000 employees associated with the production. It has outstanding distribution network and its goods are sold in distant villages of the country. Its turnover is 7 Billion dollars and major business it deals is tobacco, hotels and personal care.
1. Hindustan Unilever:
Hindustan Unilever Limited (HUL) is ranked at the foremost position in the list because of its years of experience in delivering quality goods to consumers. The Company was established in year 1933 and has head office functioning in Mumbai.
This Company has been developing products that comprises foods and beverages. More than 17000 employees are serving in diverse units and have been performing excellent job. Company owns distributes in majority part of India and more than 2 million retails shops are trading HUL products. It has over 35 brands spanning 20 distinct groups such as soaps, shampoos, detergents, toothpastes, skin care, deodorants, cosmetics, coffee, tea, ice cream, packaged foods, and water purifiers.
However the profit margin prepared on FMCG products is comparatively small (more for vendors than the producers/suppliers), they are usually traded in great quantities. Therefore, the increasing profit on such products can be considerable by these listed top companies. Currently FMCG Companies listed accounts for over half of all consumers spending, however they incline to be low-involvement acquisitions.