Elitecon International Announces Rs 700 Crore FMCG Expansion Roadmap, Targets Rs 20,000 Crore Revenue by FY30

Elitecon International Announces Rs 700 Crore FMCG Expansion Roadmap, Targets Rs 20,000 Crore Revenue by FY30​

New Delhi, June 10, 2026: Elitecon International Limited has unveiled a strategic roadmap aimed at building a diversified Fast-Moving Consumer Goods (FMCG) platform. The company is targeting an approximate revenue of Rs 20,000 crores by the fiscal year 2030. This expansion strategy focuses on establishing a dual platform comprising its existing international tobacco export business and a systematic rollout in the FMCG segment, covering packaged foods and snacks, edible oils, and everyday household essentials.

The planned FMCG growth is set to be anchored at Elitecon’s 40,000+ sq. ft. manufacturing facility in Nashik, Maharashtra. The expansion requires capability enhancements which will be undertaken based on commercial visibility and operational readiness.

Elitecon International currently commands a strong international tobacco contract order book valued at USD 119 Million+, spanning Africa and the Middle East. This portfolio includes two significant contracts: a two-year export agreement with South Africa’s Bozza Tobacco (PTY) Ltd, valued at approximately INR 2.02 billion, and an ongoing USD 97.35 million order for the Middle East executed through Yuvi International Trade FZE.

The FMCG roadmap includes an indicative capital outlay of Rs 700 crore. The company plans to build a substantial distribution network, aiming for presence across more than 5 lakh retail outlets and in over 15 international markets, securing 5,000 partners along the way. In terms of product scale, Elitecon intends to grow its portfolio, which comprises 10 consumer brands and over 150 SKUs through the phased rollout framework.


Kumar Anubhav Upadhyay, Executive Director of Elitecon International Limited, commented on the development. He stated that the company's focus is on the disciplined execution of established milestones. "An USD 119 Million-plus international order book across Africa and the Middle East, a 40,000+ sq. ft. manufacturing engine at Nashik, and a clearly articulated FY30 FMCG ambition give Elitecon a credible multi-year growth corridor," he said. He added that the management’s task is to convert this direction into capacity utilization, distributor onboarding, SKU shipment, and customers served.

The company further detailed that the expansion strategy will follow a milestone-led rollout structure. Category launches are contingent upon documented readiness across various parameters, including manufacturing, sourcing, packaging, inventory, pricing, and distribution.

To support this growth vision, Elitecon is implementing capability enhancement initiatives at its Nashik facility. These initiatives include automation upgrades on specific production lines, expanding the in-house quality assurance laboratory, and calibrated capacity additions aligned with confirmed order visibility.

ELITECON Stock Price Movement​

Trading strongly in the live market, Elitecon International Limited's stock is edging higher to ₹27.88 as of 10:20 AM, after gaining 3.22% or ₹0.87. The company has seen a robust trading volume of 345,024 shares in the current session.