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Friday, November 29, 2024

Ghodawat Consumer achieves impressive revenue milestone, crossing INR 1600 Crore in FY23

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In FY23, Ghodawat Consumer (GCL), the fast-moving consumer goods (FMCG) division of Sanjay Ghodawat Group (SGG), reached an impressive milestone by exceeding INR 1600 crore in revenue. GCL’s dedication to innovation, customer-centricity, affordability, and quality has established a distinct brand image. As a result of these principles, GCL experienced a YoY growth of 20%, and aims to reach INR 2000 crore in revenue in FY24.

Initially focused on producing edible oils, Ghodawat Consumer (GCL) has since diversified its product portfolio to include staples and impulse categories. Today, GCL’s products, such as the popular ‘Star’ brand atta, edible oils, pulses, rice, salt, snacks, assorted namkeens, water, and ‘To Be Honest’ – real fruit and vegetable crunchies, have become household names in western and southern India. 

Furthermore, GCL’s beverages category boasts top-selling products such as Fizzinga – carbonated drinks, Frustar – fruit drinks, Coolberg – non-alcoholic beer, and Rider – Energy Drink.

Ghodawat Consumer (GCL) produces all of its products in cutting-edge facilities that follow the most stringent manufacturing protocols. The company’s skilled team ensures that only top-quality raw materials and packaging are utilized to provide customers with the finest products possible.

Shrenik Ghodawat, Managing Director, GCL, said, “We are committed to changing the experience of everyday food, merging innovation and technology to provide consumers with fresh and wholesome products. Our unique marketing strategies, quality products, and expansion into new markets have helped us achieve this milestone. Our business model is focused on providing customers with affordable products, greater ROI for distributors, and ease of stocking for retailers. We strive to ensure that every consumer utilizes at least one product from GCL in their day. We will continue to focus on maximizing value for all our stakeholders.”

GCL has set a goal to achieve plastic neutrality and carbon neutrality by 2030, and to that end, the company has established manufacturing facilities that are powered by solar and wind energy, and utilize co-generation to generate electricity. By undertaking these efforts, GCL is demonstrating its dedication to creating a sustainable future for everyone.

SnackTeam
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