Top 10 FMCG companies in India (2020)
Description
View Blog:- https://www.visitbest.in/top-10-fmcg-companies-in-india/
Top 10 FMCG Companies in India:- Fast Moving Consumer Goods is the fastest growing sector all over the world.
FMCG also goes by the term Consumer Packaged Goods (CPG), which is a multi-billion-dollar industry.
The products manufactured by these companies are usually low in cost and high in volume.
Moreover, the products are used every day by people across the globe. Thus these companies have a great presence in the everyday lives of millions of people.
A wide variety of products used on a regular basis including cosmetics, detergents, shaving items, soap, toiletries, and non-durable products such as batteries, light bulbs, glassware, household electronics, etc.
The products fly off the shelves and are therefore referred to as Fast Moving.
FMCG industry is one of the fastest-growing industries in India as the consumer demand and penetration have greatly increased in the past few years.
Here is a detailed list of Top 5 FMCG Companies in India.
1. Hindustan Unilever (HUL)
It is one of the largest Fast-Moving Consumer Goods (FMCG) companies in India.
Unilever an Anglo-Dutch company set up 3 companies in India, Level Brothers Limited in 1933, Hindustan Vanaspati Mfg. Co. Ltd in 1933 and United Traders Limited in 1934.
HUL is the merger of these three companies and Unilever holds 67.25% stake in the company.
HUL manufactures 20 different products under 30 name brands. The company’s products are used by two out of three people in India and the products hits the aisles of over 6.4 million outlets.
The company is clearly the market leader having over 700 million consumers across India. Some of its products are Lux, Surf Excel, Clinic Plus, Ponds, Kissan, Knorr, Kwality walls, Bru Coffee, Close up, Lakme, Vaseline and Pureit water purifier
2. ITC Limited
ITC was founded in the year 1910 as Imperial Tobacco Company of India Limited. In 1970, the name was changed to India Tobacco Company Limited.
Later in 2001, the company was renamed as ITC Ltd. ITC Ltd. is headquartered in Kolkata.
The company is engaged in the production of personal care products, Foods, Cigarettes, Apparel, Incense sticks, Education, Safety matches, and stationery products.
According to a study by Brand Finance in Economic Times, ITC is listed as one of the ”10 Most Valuable Brands”.
The company also provides other products and services in Information Technology, Agri-Business, Packaging, and Hotels.
In 2001, the company’s name was changed to ITC limited with no acronym
3. Amul
The Brand Amul was established in the year 1946 by the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF).
The farmers went on a milk strike due to the unfair trade practices by the middlemen.
Amul is the largest food brand in India manufacturing products like Butter, Ice cream, chocolates, Curd, etc.
With the help of leaders like Sardar Vallabai Patel, Morarji Desai, and Tribhuvandas Patel, the GCMMF was formed.
There is a total of 3.6 million milk producers who are members of the association presently.
Amul’s products are ghee, milk, buttermilk, ice creams, curd, milk powders, paneer, gulab jamun, flavoured milk, and many more.
4. Nestle India
In 1959 Nestle India was incorporated at New Delhi as a subsidiary of Nestle S.A. of Switzerland.
Nestle India is a vibrant Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction.
They are key manufacturers of Food, dairy, chocolates, and coffee products. Some of their leading brands include Maggi, Nescafe, Kitkat, etc.
.
5. Dabur India
Dabur is one of the largest FMCG with a market capitalization of over 46,000 crore rupees. It was founded in the year 1884 by Dr. Burman a physician in Ayurveda.
Dabur India Limited started as a small company in Calcutta and is now the fourth-largest Fast-Moving Consumer Goods company in India.
Its healthcare, personal care, beverages, digestive, and skincare products are famous for their natural ingredients.
Some of the brands are Fem, Dabur Amla hair oil, Hajmola, Chyawanprash, and Real fruit juice.
Comments