Top 10 FMCG Companies in India (2023)

Top 10 FMCG Companies in India:- Fast Moving Consumer Goods is the fastest growing sector all over the world. It 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 significant presence in the everyday lives of millions of people.

A wide variety of manufactured by FMCG companies includes 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.

There are many FMCG companies in India, but only the top 10 are worth mentioning. These companies have proven themselves in the market and offer quality products and services. If you’re looking for the best FMCG companies in India, then look no further than the top 10 listed here.

Top 10 FMCG Companies in India

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1. Hindustan Unilever (HUL)

Hindustan Unilever

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Hindustan Unilever Limited (HUL) is a consumer goods company based in India. It is a subsidiary of Unilever, a British-Dutch multinational corporation. HUL was founded in 1933 and is headquartered in Mumbai.

Hindustan Unilever (HUL) is one of the largest FMCG companies in India. The company is the merger of three companies, and Unilever holds a 67.25% stake. HUL has a strong presence in the Indian market with popular brands like Surf Excel, Dove, Knorr, Lipton, and Axe. HUL reported a turnover of Rs. 30,651 crore in FY 2018-19.

HUL manufactures 20 different products under 50 name brands. Two out of three people in India use the company’s products, and the products hit the aisles of over 6.4 million outlets. The company has more than 21,000 workers and operates in over 100 countries. The company is the market leader having over 700 million consumers across India.

HUL is committed to reducing environmental impact. By 2030, the company intends to halve the environmental footprint of its products. Moreover, the company is working towards improving the livelihoods of small farmers.

HUL has a strong focus on rural markets and operates over 500 rural distribution centers. It also has a large direct-to-consumer business. In recent years, HUL has been undertaking several initiatives to drive growth. These include launching new products, expanding its distribution network, and increasing its focus on digital marketing. HUL is well-positioned to continue growing in the future and remains one of the top FMCG companies in India.

Achievements

  • HUL has been consistently ranked as one of the most trusted brands in India. It was ranked first in the Brand Trust Report 2014 and second in the Brand Trust Report 2015.
TypePublic
Founded1933
HeadquartersMumbai, Maharashtra, India
Total Subsidiary50 Name Brands
Number of employees21,000 (2022)

2. ITC Limited

ITC Limited Logo

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ITC Limited is one of the top 10 FMCG companies in India. It was founded in 1910 and is headquartered in Kolkata, West Bengal. It is one of the most profitable FMCG companies in India. In the financial year 2018-19, the company reported a profit of Rs 12,500 crore.

ITC is one of India`s foremost private sector companies, with a market capitalization of US $ 45 billion. The company has a wide range of products, including cigarettes, food, personal care, and home care products.

ITC Limited has a global presence in over 100 countries. The net sale turnover of the company as of March 2002 is 59745.56 Crore. The company employs over 36,500 people. The company shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India.

The company’s net worth or total equity as of 2020 is ₹62,021 crore. ITC Limited is also one of the largest taxpayers in India. In the financial year 2018-19, the company paid taxes amounting to Rs 9,600 crore.

ITC Limited is one of the largest cigarette manufacturers in India. It has a market share of over 50% in the Indian cigarette market. The company manufactures popular cigarette brands such as “Gold Flake,” “Navy Cut,” and “Capstan.” In addition to cigarettes, ITC Limited has an extensive portfolio of fast-moving consumer goods (FMCG) products. These include food items, personal care products, and home care products.

ITC Limited is also one of the largest hotel chains in India. It operates under the brand name “Welcomegroup.” The company has over 100 hotels across India. ITC Limited owns and operates the “The Park” chain of luxury hotels. In addition to cigarettes and hotels, ITC Limited also has a large paperboard business. It is the largest manufacturer of paperboard in India. The company’s paperboards are used for packaging various products such as food, beverages, pharmaceuticals, and cosmetics.

The company’s vast distribution network helps it reach its customers efficiently. ITC Limited has been growing steadily over the years. In 2017-18, its revenue was Rs 356 crore showing an increase of 9% from the previous year. The company’s net profit was Rs 22 crore during the same period. Overall, ITC Limited is one of the top FMCG companies in India. It has a wide range of products and a strong distribution network. The company is growing steadily and is profitable.

Incorporation and Name Change

The company got incorporated in 1910 as Imperial Tobacco Company of India Limited. In 1970 by passing a special resolution in a general meeting, the company changed its name to India Tobacco Company Limited. Later in 2001, the company was renamed ITC Limited.

Achievements

  • According to a study by Brand Finance in Economic Times, ITC is listed as one of the ”10 Most Valuable Brands”.
  • ITC ranks among Asia`s 50 best-performing companies compiled by Business Week. 
TypePrivate
Founded24 August 1910
HeadquartersKolkata, West Bengal, India
Key peopleSanjiv Puri (Chairman & MD)
Total Subsidiary30 Name Brands
Number of employees36,500 (2021)

3. Nestle India

Nestle Logo

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Nestle India Ltd is one of the top FMCG companies in India. It is a Swiss company Nestle S.A. subsidiary and has been operating in India since 1959. Nestle India Ltd is headquartered in Gurgaon, Haryana. As of 2020, Nestle’s parent company owns 62.76% of Nestlé India. The company has 9 production facilities in various locations across India.

Nestle India Ltd is a publicly listed company and its shares are traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). As of March 2022, the market capitalization of Nestle India Ltd was Rs 172,490.61 Crore.

Nestle India Ltd has a wide range of products, including baby food, cereals, coffee, dairy products, bottled water, and more. Nestle cereals, Maggi noodles, Nescafe coffee, and KitKat chocolate bars are some of their most popular brands.

Nestle India Ltd is committed to providing high-quality products to its customers. They have a strict quality control process that all their products must go through before they are released for sale. The process helps to ensure that only the best products reach the shelves.

Nestle India Ltd also strongly focuses on corporate social responsibility (CSR). They have several initiatives that help improve people’s lives in the communities where they operate. For example, they have programs that provide clean water and sanitation facilities to rural communities.

Nestle India Ltd has a workforce of over 8,000 employees. Various publications consistently rank the company as one of the top FMCG companies in India. In 2019, it was ranked as the second-largest FMCG company in India by sales turnover. Nestle India Ltd has substantial brand equity and is well-positioned to continue its growth in the Indian market.

Overall, Nestle India Ltd is a top FMCG company in India. It is known for its high-quality products and is committed to long-term sustainable growth.

TypePublic
Founded1959
HeadquartersGurgaon, Haryana
Area servedWorldwide
Total Subsidiary2000 Name Brands
Number of employees8,000

4. Amul

Amul-India-Logo

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Amul is another one of the top FMCG companies in India. It was established in 1946 and is headquartered in Anand, Gujarat. The company was started with a motto to serve humanity. In the 1940’s decade, farmers were being exploited by mediators. So to get rid of the clutches of mediators, the Amul cooperative society was founded.

Amul is known for its dairy products, including milk, butter, cheese, ice cream, etc. The company has a strong presence in the Indian market. All its product nourish health as they are made all dairy products. Amul India is currently the world’s 8th largest milk processor.

The company also sells various other products, such as chocolate, bread, etc. Its annual turnover on the profit and loss Account on March 2021 is Rs. 39,248 crores. Amul is one of the most successful FMCG companies in India and is poised for further growth in the years to come.

The company has a strong distribution network with over 10000 dealers and 10 lakh retailers. Amul products are available in over 500,000 outlets across India. It also has a strong international presence, with products sold in over 50 countries.

The company has won several awards over the years, including the prestigious National Award for Cooperative Excellence. Amul is also the world’s largest producer of ice cream and butter. Overall, Amul is one of the top FMCG companies in India and is known for its high-quality products and strong distribution network.

TypeCooperative society
Founded1946
FounderTribhuvandas Patel
HeadquartersAnand, Gujarat, India
Area servedWorldwide

5. Dabur India

Dabur India Logo

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Next Queued in the list of top 10 FMCG companies in India is Dabur. The company was founded in 1884. Its headquarter is based in Ghaziabad, Uttar Pradesh.

Dabur has a wide range of products, including health care, personal care, and food & beverages. Some of its well-known brands include Dabur Amla, Dabur Red toothpaste, and Hajmola digestive tablets.

Dabur has a strong R&D team that constantly innovates to develop new products. The company has also invested heavily in marketing and promotion to build its brand. Dabur is one of the most trusted brands in India and is known for its quality products.

The company has a strong presence in India’s rural and urban areas. Globally, the company’s products are sold in over 60 countries. The market network company has over 6.7 million retailers and more than 10,000 stockists across the country. The company’s workforce has more than 10,000 people working all across India. Its annual turnover on the profit and loss account on March 2021 is Rs. 8,179 crores.

It has a vast distribution network, and its products are available in almost all retail outlets. Dabur has a strong brand image and is often considered a trusted brand by consumers.

The company has also set up an Ayurveda Institute in Uttar Pradesh to promote the study of Ayurveda. Dabur is committed to sustainable growth and has been taking various initiatives to reduce its negative environmental impact. The company has installed solar power plants at its manufacturing units to reduce its dependence on fossil fuels. It has also started using recycled packaging materials.

TypePublic
IndustryConsumer goods
Founded1884
HeadquartersUttar Pradesh, India
OwnerBurman family

6. Britannia Industries Ltd

Britannia Industries Ltd logo

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Moving forward with the list of best FMCG companies in India. The next added to the list is Britannia Industries Ltd. The company got founded in 1892. The head of the company is in Kolkata, India. The company is listed on the National Stock Exchange of India and the Bombay stock exchange. It is one of India’s oldest companies and best known for its biscuit products.

Britannia Industries Ltd is a leading manufacturer of biscuits, bread, cakes, rusks, and dairy products. The company’s best-known brands include Tiger biscuits, Good Day biscuits, Milk Bikis biscuits, and Britannia Cake.

Britannia Industries Ltd has a strong presence in India’s rural and urban markets. The company has a vast distribution network with over 5 million outlets across India. Britannia Industries Ltd also has a strong export business. The company exports to over 70 countries around the world.

Britannia Industries Ltd has a workforce of over 5,000 employees. The business operates with 13 factories and four franchisees selling close to 1 mn loaves daily across more than 100 cities and towns of India.

The company has a wide range of products that cater to consumers’ different needs and preferences. Britannia Industries Ltd is one of the most trusted brands in India. The company has strong brand equity and is known for its quality products. The company’s net sale turnover as of March 2022 is 13371.62 Crore.

Overall, Britannia Industries Ltd is one of the top FMCG companies in India. Their wide range of quality food products makes them popular among Indian consumers.

FormerlyBritannia Biscuit Company Limited
TypePublic
Founded1892; in Calcutta
1918; as Britannia Biscuit Company Limited
HeadquartersKolkata, West Bengal, India
Area servedWorldwide
Parent CompanyWadia Group

7. Marico

Marico Logo

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Next queued in the list of top 10 FMCG companies in India is Marico. The company was founded in 1991 and had its headquarters in Mumbai. The company serves the market of health, beauty, and wellness products. With a primary presence in India, Marico is present in over 25 countries across Asia and Africa.

Marico is a publicly listed company, and its shares are traded on the Bombay Stock Exchange (BSE). The company has a market capitalization of over Rs. 64,096.39 crores. The net sales turnover of the company as of March 2022 is 7,500 crore. It has a workforce of over 2,000 employees.

In 2015, it launched a new line of skin care products under the brand name Kaya which was very successful. Marico is also involved in social initiatives such as the ‘Shakti Amma’ initiative, which provides training and employment opportunities for women in rural areas.

Marico has a strong presence in both rural and urban markets in India. The company has a vast distribution network, and its products are available in over two million outlets across the country.

Marico has a portfolio of well-known brands, including Saffola, Parachute, Mediker, and Zatak. The company has been successful in building strong brand equity for its products. Marico was also the first company to launch an Ayurvedic hair oil in India.

Marico’s brands are trusted by consumers and have a high degree of recall. The company has a strong focus on innovation and has recently launched several new products. Marico’s R&D team is constantly working on developing new products and improving existing ones.

The company has also launched several digital initiatives to connect with consumers and promote its products. Overall, Marico is one of the leading FMCG companies in India, with a strong portfolio of well-known brands. The company is focused on innovation and has a wide distribution network.

Achievement

  • Marico has won several awards over the years, including the ‘Best Employer’ award from the Business Today magazine.
TypePublic company
Founded2 April, 1990
FounderHarsh Mariwala Chairman
HeadquartersMumbai, Maharashtra, India
Area servedWorldwide

8. Pidilite Industries Limited

Pidilite Industries Limited Logo

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Another one of the best FMCG companies in India is Pidilite Industries Limited. They are best known for their range of adhesives and sealants. However, they also produce a wide variety of other products, including paints, construction chemicals, and car care products.

Pidilite is a well-known brand in India and has a strong presence in the country. It has a strong distribution network, and its products are available in over 50,000 outlets across the country. Pidilite also serves in the arts and crafts segment with famous brands like Fevicol and Fevikwik. Pidilite currently operates in more than 70 countries with eight facilities outside India, including one in Bangladesh.

Pidilite Industries was founded in 1959 by Late Shri H.M. Parekh. The Company started with a single factory that manufactured only one product, Fevicol. The Company has its headquarters in Mumbai, India. The Company employs over 7,000 people across its various operations. Pidilite Industries has a network of over 6,00,000 dealers and 6,000 distributors across India. 

Pidilite Industries is a publicly-listed company. It is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has a market capitalization of over Rs 1,10,705 Crore. The profit and loss account of the company as of March 2022 shows a net turnover of 8340.17 Crore. 

Highlights

  • Pidilite Industries Limited is the first company to manufacture of instant glue (Fevikwik) in India.

Awards

  • In 2019, Pidilite Industries was ranked as the 19th most trusted brand in India by Brand Trust Report.
  • The Company was also ranked as the second most trusted adhesives brand in India by EuroMonitor International in 2018.
  • In 2016, the Company received the ‘Most Promising Company of the Year’ at the CNBC-TV18, 11th India Business Leader Awards (IBLA).
  • The Company won Bronze at the Abby Awards 2016 in ‘Kwik Kwik Fevikwik,’ the digital boat race contest.
  • At the Golden Mike Awards 2016, Fevikwik’s ‘Pyaun Pyaun’ radio campaign won a Bronze award for Best Use of Branded Content/Sponsorship on Radio in Effectiveness.
  • Dr. Fixit’s stall at Acetech 2015 won the Gold Award at Design Wall 2015 alongside winning a Bronze in Grand Stand Awards.
TypePublic
Founded1959
FounderBalvant Parekh
HeadquartersAndheri, Mumbai, India
OwnerMadhukar Parekh and family (70%)
Number of employees7,000 (31 March 2022)

9. Godrej Consumer Products Limited

Godrej Consumer Products Limited

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Godrej Consumer Products Limited is another queued in the list of top 10 FMCG companies in India. It is the subsidiary of the Godrej Group. The company was founded in 2001, and its head office is in Mumbai. The company manufactures and markets a wide range of consumer products, including hair care, skincare, household cleaning, and personal care products.

GCPL is one of the largest household insecticide and hair care players in emerging markets. In household insecticides, it is the biggest name in India and the second-largest player in Indonesia.

The company provides the best products for the hair care needs of women of African descent. It is the champion company in hair color in India and Sub-Saharan Africa and is among the best players in Latin America. GCPL is the second-largest manufacturer of soaps in India. It is the number one player in air fresheners and wet tissues in Indonesia.

GCPL is the leading toilet soap company in the country, Cinthol Fairglow and Godrej No 1 are among its top brands. Fairglow India’s first fairness soap created marketing history as one of the most successful innovations.

The company’s geographical reach extends to more than 80 countries globally. They have a wide range of products that are available in both online and offline stores. The company has a strong distribution network, and its products are available in more than 2 million outlets across India. The company employs over 30,000 across all units of India.

Godrej Consumer Products Limited reported a Net Sales Turnover of Rs. 6951.56 crores in the financial year 2021-22. The company’s net profit stood at Rs. 1420.94 crores during the same period. The market capitalization of Godrej’s Consumer share is Rs 85,104.31 Crore.

TypePublic company
IndustryConsumer goods
Founded2001
HeadquartersMumbai, Maharashtra, India
ParentGodrej Group

10. Parle

Parle hd logo

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The Parle company was founded in 1928 by the Chauhan family. The company’s first factory was inaugurated in 1929, with just 12 people making confectionery. The company is best known for the biscuit brand Parle-G, which is the world’s largest selling biscuit brand. The Parle company is headquartered in Vile Parle (East), Mumbai, Maharashtra, India. The company’s market cap is Rs 11.05 Cr.

Parle has a long and rich history in the biscuit industry. They were the first company to bake a biscuit in India, and have been innovating ever since. In the 1940s, they introduced Monaco, India’s first salted cracker. And in the 1950s, they created India’s longest oven – 250 feet long! Today, Parle is a leading biscuit manufacturer in India, with over 50,000 employees. Their products are enjoyed by millions of people all over the country.

The 1970s saw the introduction of the original sweet and salty biscuit, Krackjack, and in 1981 the company rebranded as Parle-G. This new name reflected their focus on the glucose-based confectionery products that were becoming increasingly popular. In 1985, they received their first Monde Selection Award, and they continue to produce high-quality snacks and sweets that are enjoyed by people all over the world.

Parle has been a leading name in Indian confectionery for years, with various innovative and delicious products. In 1983, it launched the chocolate Melody, and in 1986, India’s first mango candy – Mango Bite. In 1996, it introduced the chocolate chip biscuits, Hide & Seek. In 2000, Parle launched its 20-20 Butter Cookies and Magix. In 2011, Parle led multiple product innovations and unveiled Parle Platina.

Parle has always been a leading innovator in the candy industry, and in 2011 they unveiled their most unique product yet: Parle Platina. With its delicious range of products, Parle is sure to bring a smile to the faces of Indian confectionery lovers everywhere.

TypePrivate
Founded1928
HeadquartersMumbai, India
Area servedWorldwide
Number of employees50,000

11. Colgate- Palmolive

Colgate-Palmolive-logo

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Colgate-Palmolive (India) Pvt. Ltd. was incorporated in 1937. It is a subsidiary of Colgate-Palmolive Company (an American multinational consumer products company).

It is one of the largest FMCG Companies offering Oral care products. In 2014, Colgate has named the No.1 Trusted brand in India.

The company focuses on the production, distribution, and provision of household, health & personal products and oral hygiene products (including toothpaste and toothbrushes).

Some of its famous branded products are Vicks, Olay, whisper, Tide, Gillette, Pampers, Pantene, Oral-B, Ariel, and Head & Shoulders.

12. Procter & Gamble Co.

Procter-Gamble-Co

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P&G is one of the largest fastest growing Fast Moving Consumer Goods (FMCG) companies in India. It was established in 1964 and is headquartered in Mumbai.

Some of its brand products are Vicks, Ariel, Tide, Whisper, Olay, Gillette, Ambipur, Pampers, Pantene, Oral-B, Head & Shoulders, Wella, and Duracell.

Conclusion

I hope you liked the list of top FMCG companies in India. If you find any error or want me to update anything in the list of top FMCG companies in India, feel free to drop a comment.

This list of top FMCG companies in India has been created based on the revenue data available at the time of posting. We do not claim that the list is 100% error-free.

3 thoughts on “Top 10 FMCG Companies in India (2023)”

  1. BONN is a quality-driven the best FMCG Company in India. Which was founded way back in 1985 by the visionary Mr Manjit Singh. Since then has grown constantly. The company’s corporate head office is based in Ludhiana. We produce a variety of food products including bread, biscuits, cakes as well as cookies. That is not only sold in India but also in the International markets too. In fact, Bonn is passionate about baking quality bread and biscuits. Also is a pioneer in starting production of cookies on an industrial scale in India. That’s the reason we are the best FMCG Company in India.

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