2026.03.26
Britannia Industries, founded in 1892, is a leading biscuit maker under the Wadia Group. It's the country's top seller by revenue, and in recent years has expanded into perishable categories such as dairy products and croissants.
| Item | Details |
|---|---|
| Year founded | 1892 |
| Headquarters | Bengaluru (Karnataka) |
| CEO and MD | Rakshit Hargave (appointed December 15, 2025; shareholder approval in March 2026) |
| Consolidated revenue | ₹19,152 crore (FY2026, year ended March 2026; about ¥333 billion). FY2025 was ₹17,943 crore |
| Employees | About 5,000 |
| Parent company | The Wadia Group |
| Listing | Listed on the BSE and NSE |
| Main brands | Good Day, Tiger, NutriChoice, Marie Gold, Treat |
Biscuits keep for months at room temperature. They can be stocked even in stores without refrigeration and shipped to distant villages. The distribution network Britannia built over 130 years assumes this shelf stability.
Adding dairy products (cheese, yogurt), bread, cakes, and croissants to that means needing a different distribution network built around refrigeration and short shelf life. Delivery frequency per store also rises. Expanding the product range comes with rebuilding logistics.
Consolidated revenue for FY2026 (year ended March 2026) was ₹19,152 crore, up from ₹17,943 crore in FY2025. Biscuits and confectionery still make up the bulk of revenue.
Rakshit Hargave became CEO and MD effective December 15, 2025 (shareholder approval came in March 2026). He previously led Birla Opus, the paints business under the Aditya Birla Group, and has also worked at NIVEA India and Hindustan Unilever.
Bringing in someone from outside food, from consumer goods, shows the emphasis is on reworking sales and logistics rather than product development. Both paints and household goods are categories where success comes down to how you run a nationwide retail network.
For selling dairy or baking technology in India, Britannia is a realistic partner. It already has a nationwide retail network and is at the stage of trying to add refrigerated items onto it. This is a period when gaps in equipment or process tend to become clear.
On the other hand, competing directly on biscuits is difficult. The company separates brands by price tier — Good Day, Tiger, Marie Gold — and has already secured shelf space.
Before pursuing this, the first step is to check which cities the company can already reach with refrigerated distribution. Cold-chain networks in India vary widely by city, and that determines what kind of product can be handled.
MORE
Kwality Wall's (India) | HUL separated frozen from ambient distributionCoffee Day Enterprises (Cafe Coffee Day) | The pioneer of Indian cafés, now smallerEverest Food Products | 42 spice blends, and a 2024 recallCG Foods India | Sidestepped Maggi with instant noodles eaten without boilingVeeba | Brought foodservice-grade quality control straight into retailUdaan | The largest B2B e-commerce platform supplying small shopsSOJAPAN
We support Japanese companies entering India, from market research through local partner development, test sales, and import.