Elitecon International Limited has announced a strategic roadmap to build a diversified FMCG platform, targeting approximately Rs 20,000 crores in revenue by FY2030.
According to a BSE filing, the company’s expansion strategy is anchored on a dual-platform model comprising its international tobacco export business and a phased FMCG rollout.
The planned FMCG expansion will be supported through the company’s existing 40,000+ sq. ft. manufacturing facility in Nashik, Maharashtra, together with proposed capability enhancement initiatives. Elitecon International currently holds a USD 119 Million+ contracted tobacco order book spanning Africa and the Middle East.
The company has outlined an indicative capital outlay of Rs 700 crore, with plans to build a distribution network targeting 5,000 partners and presence across 5,00,000+ retail outlets and 15+ international markets over time.
As part of the phased rollout framework, Elitecon International aims to scale a portfolio comprising 10 consumer brands and 150+ SKUs.
The order book includes a two-year export agreement with South Africa-based Bozza Tobacco (PTY) Ltd valued at approximately INR 2.02 billion, alongside an ongoing USD 97.35 million order under execution for the Middle East through Yuvi International Trade FZE. This development is expected to strengthen Elitecon International’s position in the FMCG sector.
This expansion reinforces Elitecon International’s position as a diversified manufacturing, export, and emerging FMCG enterprise, with a strong focus on growth and revenue targets.
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