FMCG products are those which are produced in high quantity with low cost and are made for rapid consumption. This industry includes household goods, food, over-the-counter medicines, personal care items, stationery and consumer electronics, etc. The full form of FMCG is Fast-Moving Consumer Goods (FMCG). This sector is the fourth largest sector in India and has created employment for more than 3 million people.
FMCG sector is one of the fastest growing sectors in the world and companies whose products are used in every household. These companies industry is one of the fastest growing industries in India. FMCG companies are also called Consumer Packaged Goods (CPG). These include things like milk, fruits, vegetables, medicines, beverages. If you invest in these companies, it gives a good return. The reason for this is that the business of these companies is intertwined with our lives and we need it all the time so today, let us have a look at the top FMCG companies in India.
FMCG Companies In India
Hindustan Unilever Limited
Hindustan Unilever Limited is India’s oldest and largest (Fast Moving Consumer Goods) FMCG company and its products from Dove, Vaseline, Brew Coffee, Lux and Hamam Soaps to PureIt need no introduction, all of which are labeled by this company. Its main products are in these 20 different categories like Fabric Wash, Home Care, Purifier, Personal Wash, Hair Care, Skin Care, Color Cosmetics, Oral Care, Deodorants, Beverages, Ice Cream and Frozen Desserts and Foods, HUL has many other brands.
Nine out of ten Indian households use one or more HUL brands. The divisions – Home Care, Beauty & Personal Care and Foods & Refreshment comprise a portfolio of brands that serve consumers across India.
HUL is a subsidiary of Unilever, an Anglo-Dutch company that traded in foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. It has a historical presence in India for more than 80 years. It is included in the list of top FMCG companies in India.
ITC Limited
Established in 1910 as Imperial Tobacco Company of India Limited, in 1970 the company was renamed as India Tobacco Company Limited and now, the company is known as ITC Limited. In 2010, ITC completed its century in this business and establishment. It has been in the Indian markets for over 110 years, giving them a deep understanding of the Indian consumer. Apart from FMCG, the company is actively engaged in the business of hospitality, paper, packaging, agri-business and IT sectors. ITC is known to guarantee a certain standard in production and packaging. Its products are available in 6 million retail outlets worldwide. They have wide distribution channels in India. This has allowed them to enter even the most rural areas through multiple retail outlets.
NESTLE INDIA NESTLE INDIA
Nestle is an international food and beverage company headquartered in Switzerland. The company has been around for more than 150 years on a global scale. In India, Nestle’s origins date back to 1912, when the company began operating as the Nestle Anglo-Swiss Condensed Milk Company. Nestle sells a plethora of products including beverages, bottled water, milkshakes, breakfast cereals, instant foods, performance, and health care nutrition and more. They meet the nutritional and health needs of Indian consumers. Presently they have Nescafe, Maggi, Milky Bar, Kit Kat Bar, some of the 2000 brands. Also Nestle Cerelac has an undisputed market share of 96.5% as a milk supplement for infants aged 6 months and above.
Britannia Industries
Britannia Industries Limited is an Indian multinational food and beverage company based in Kolkata, India. It was established in 1892 which makes it the oldest existing company in India and it was started in Kolkata for just Rs 295. Their products are available in over 5 million stores. It is famous for its biscuit products. The company sells Britannia and Tiger brands of biscuits, rusk, good day, bourbon, marie gold, cakes, breads and dairy products across India and in more than 60 countries around the world. The company is the largest brand in the organized bread market. More than 50% of their product range is vitaminized with multiple nutrients.
MARICO LTD
Marico was established in 1990 in Mumbai. It started as a brand for coconut and refined edible oils and later expanded into a variety of consumer goods. Much of its success lies in its two brands ‘Saffola’ and ‘Parachute’. Despite being around for only 3 decades, the company has come a long way in this segment. Saffola, which competes in the premium refined edible oil segment, has maintained its market leadership with a product share of 73 per cent. Parachute, on the other hand, has a market share of 59 per cent. Its brands are used in every family. Due to which the profit of the company keeps increasing every year.
Godrej Consumer Products Limited
It is a major emerging market company and a manufacturing company headquartered in Mumbai, Maharashtra. Godrej Consumer Products Limited enjoys the patronage of 1.15 billion consumers globally across various businesses. It comes in the list of top FMCG companies in India. Godrej Consumer Products Limited has around 3396 employees and was established in 2001. It specializes in hair colours, household insecticides, personal washing, soaps, hair care, clothing care, home care, personal care, consumer products, emerging markets and FMCG. Godrej Consumer Products Limited is a public company.
Dabur India Limited
Dabur India Limited is the world’s largest and leading Ayurvedic and Natural health care company with a rich heritage and experience of 135 years. It is included in the list of top FMCG companies in India.
The business is divided into three strategic business units, the consumer care business, the food business, and the international business. The consumer care business includes interests in health care and home and personal care. Dabur ranks seventh in the list of top FMCG brands in India.
Amul
Amul is an Indian dairy cooperative and is a cooperative dairy located in the Anand district of Gujarat. Established in 1946, Amul is managed by a cooperative body, the Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), which is currently owned by the apex body of 36 lakh (3.6 million) milk producers in Gujarat and 13 districts . Kaira District Milk Union Limited which was later renamed as Amul-Anand Milk Union Limited was founded by Tribhuvandas Patel. Its short name is Amul, its full form is Anand Milk Union Limited. Milk union, which operates in 13,000 villages of Gujarat. Amul inspired India’s White Revolution, due to which the country became the world’s largest producer of milk and milk products. The foundation of Amul had an important role in the White Revolution in India. If anyone has to give credit for bringing about the White Revolution, it is Amul.
Also Read: Amul Case Study
Tata Consumer
Tata Consumer Products, a subsidiary of the Tata Group, is a fast growing consumer goods company. This company was started in the decade of 1981, headquartered in Mumbai. The company is considered the world’s second largest producer of tea, distributor and a major coffee producer. The business of this company is multinational, due to which it comes in the top FMCG company of India.
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