Elitecon International chalks out Rs 700 crores expansion plan for FMCG sectror
Delhi-based manufacturer and trader of FMCG (Fast-Moving Consumer Goods), Elitecon International Limited, has chalked out a capital outlay of Rs 700 crores with a strategic roadmap to build a diversified FMCG business.
As per ET, the plan is backed by the company's existing manufacturing facility in Nashik, Maharashtra, which spans more than 40,000 sq. ft and involves a phased rollout of packaged foods and snacks, edible oils, and household essentials. Elitecon International is targeting revenue of approximately Rs 20,000 crore by FY30.
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