India, June 10 -- Elitecon International Limited has announced a strategic roadmap to establish a diversified FMCG business, targeting approximately Rs 20,000 crore in revenue by FY2030.
The company's growth strategy is built on a dual-platform model that combines its international tobacco export operations with a phased expansion into the FMCG sector. The planned FMCG portfolio will focus on packaged foods and snacks, edible oils, and daily household essentials.
To support this expansion, Elitecon plans to leverage its existing 40,000 sq. ft. manufacturing facility in Nashik, Maharashtra, while undertaking phased capability enhancements based on operational readiness and market demand.
The company currently has an international tobacco ...