The population of India is growing at a faster pace. To feed a country with a population more than 130 crores is not an easy task. FPI or Food processing Industry in India takes the major responsibility to provide healthy food to its citizens and even for exporting to other countries.
By 2020, Indian food retail market will be generating revenue of US$915 billion. This industry is ranked as the fifth largest industry in India and contributes around 32% of food market of India. Some of the best food processing companies of India are listed below:
List of Top 10 Best Food Processing Companies in India in 2017-2018
10. Vikas Granaries Limited- http://vikasgranaries.in/
Before it was called as Adarsh Derivatives Limited and was established in the year 1995. In the beginning, a Guar Gum Powder manufacturing plant was started at Chandisar in Gujarat. Some of the major products produced by it are Guar Powder, Guar Seeds, Guar Plant and Guar Crop. It is famous for its “Adicol” Guar Gum Products, which meets the market standards.
The registered office of the company is located at Hisar Road, Haryana. Bimla Devi Jindal is the CEO of the company. Vikas Granaries is certified by ISO 9001 2008, SSI, and One Star by export houses.
Until December 2016 the standalone sales for the company was Rs. 0.81 crore and the net worth was Rs. 86.85 crore.
9. MTR Foods Pvt Ltd- https://www.mtrfoods.com/
In 1924, the Maiya family started MTR restaurant in Bengaluru. They diversified their business by using state of art technology in 1975. The corporate office of the firm is located at Ejipura, Bengaluru. And their office factory is located at Anekal Taluk, Bangalore. Different products of MTR include pickles and papads, frozen food, ice-cream and ready- to- cook gravies, etc.
Not only in India, but the products of MTR Foods are also famous in UK and USA. The company was listed in fortune as the mid-size company in India. It worth’s Rs. 700 crore and is a subsidiary of Orkla, a Norwegian conglomerate. Sanjay Sharma is the CEO of the company.
8. REI Agro Ltd- https://www.reiagro.com/
REI Agro Ltd was incorporated in the year 1994 to unite the fragmented basmati rice sector. It is the largest basmati rice processing firm in the world. Raindrops basmati rice is the major product of this company and is renowned worldwide. The headquarters of the company is based at Saket, New Delhi.
Sandip Jhunjhunwala is the Chairman and Managing Director of the company. REI Agro is listed in London Stock Exchange, Bombay Stock Exchange, Singapore Stock Exchange and National Stock Exchange. As per the company, the standalone sale for the quarter ended 31-12-16 is Rs. 9.49 crore.
7. Vadilal Industries Pvt Ltd- http://vadilalgroup.com/
The story goes back to the year 1907 when they used to sell Soda. In the year 1926, they imported modern ice-cream making machine and started their first small retail outlet. Some of the products of Vadilal are ice-cream, desserts, and dairy based products. Vadilal House, the corporate office is located at Ahmedabad, Gujarat.
Devanshu Gandhi is the Managing director and Rajesh Gandhi is the Chairman of this conglomerate. Vadilal is a diversified group and also deals in chemicals, real estate, and Forex sectors. The revenue of the company is Rs. 450 crores.
6. Kwality Ltd- http://www.kwality.com/
A popular brand in North India, Kwality Dairy India Ltd was started in 1992. It is one of the fastest growing dairy companies in India. With six manufacturing units situated at Ajmer (Rajasthan), Jarar (UP), Palwal (Haryana), Saharanpur (UP), Sitapur ( UP) and Bulandsahar (UP) , Kwality is able to handle 3 million liters of milk per day. Kwality delivers dairy products like paneer, butter, pure ghee, meethi dahi and etc. And the Kwality House is located in Rajouri Garden, New Delhi.
Sanjay Dhingra is the Managing Director of this firm. The turnover for Kwality till 31/3/16 is reported as Rs. 5724.22 crores. And the estimated profit for the year 2016 till March is Rs. 144.24 crores.
5. Rasna International Pvt Ltd- https://rasnainternational.com/
Rasna was founded in the year 1992 and is located in Ahmedabad. A popular brand, one of its products Rasna beverages is in great demand. It also caters to international customers by providing the best quality products. Rasna has one manufacturing unit in Himachal Pradesh and five in Gujarat.
The Managing Director of the company is Piruz Khambatta. In India, Rasna captures 93% of soft drink market. Moreover, the annual turnover of the company is more than Rs. 400 crores.
4. Mondelez India Foods Private Limited (Formerly Cadbury India Ltd.)- http://in.mondelezinternational.com/about-us/india-business
This company is a subsidiary of Mondelēz International group of companies and had been able to meet the requirements of international and domestic customers. Some of its products are chocolates, foods, beverages, gums and candy. Cadbury Bournvita, Cadbury Choclairs, Gems, 5-Star, Perk, Halls, Oreo, and Tang are few popular brands of this company. It is operating in India since 1948 by importing chocolates and is headquartered at Mumbai.
Deepak Iyer is the Managing Director of Mondelez India Foods Ltd. The turnover of the company was Rs. 7,000 crores.
3. Parle Agro Pvt Ltd- http://www.parleagro.com/
It started in the year 1959 by producing carbonated beverages, but the company was incorporated in the year 1984. India’s first mango drink, Frooti was developed by Parle Agro. It is considered as the largest food and beverage and company of India. Some of its manufacturing units are Ghaziabad, Ambala, Bhopal, Chennai, Lonavala and others. Head office is located at Andheri(E), Mumbai.
The Managing Director of the company is Prakash Chauhan. According to the executives of the company, they are aiming to reach a turnover of Rs. 5,000 crores by 2018.
2. Britannia Industries Limited- http://britannia.co.in
Serving the customers for more than a century, Britannia is one of the largest companies in India. List of products manufactured by this company is bread, Rusk, biscuits, cheese, cakes and dairy products. The Registered office of Britannia is located at Hunger Ford Street, Kolkata. Its manufacturing units are based at Uttaranchal and Chennai.
Nusli N Wadia is the Chairman of the business empire. Britannia is successful in reaching out nearly 50% of Indian customer’s through 4.2 million outlets in India. The revenue of the firm is Rs. 8,500 crores.
1. Nestle India- https://www.nestle.in
With more than a century old association with India, it first started importing and selling finished products to India in 1912 as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited. The first manufacturing unit was opened by Nestle India in the year 1961 at Moga, Punjab. With over four branch offices and eight manufacturing units, Nestle India is operating throughout the country. It is headquartered at Gurugram, Haryana.
Nestle India is well known for its brands like Maggi, KitKat, Munch, and Nescafe, etc. Suresh Narayanan is the CEO of Nestle India. The turnover of the company till 2016 is Rs. 9223.80 crores.
Above is a comprehensive list of the top ten best food processing companies in India. Some of them are family owned businesses but have been successful in catering to the needs of modern consumers. These companies have been serving the people of India with better quality and nutritious food. Tested by times and also tasted by millions, their products are present at each and every corner of India.