Britannia Industries Ltd:
Britannia Industries Limited is a company associated with manufacturing and selling multiple food products elementarily in the Indian market. Britannia offers products including butter, dahi, milk, ghee, cheese, dairy whitener among dairy products and multiple bakery related products like bread, rusk, cake, and biscuit. Some of its popular products include 50:50, Milk Bikis, Tiger, NutriChoice, Good Day, Treat and Marie Gold.
These are just some of the branded products belonging to the company with a target consumer section in the Indian market, and apart from this it also includes its branded products like Jim Jam, Nice Time, Little Hearts, Crackers, Bourbon and Pure Magic. The company initially spread in 60 countries in the 20th century and now has a global presence with exports in 79 countries. It has its local manufacturing units in Oman as well as UAE. It is also a market-leading company in Nepal. This is a Bengaluru based company in India and was incorporated in 1892.
About Company Information:
In 1918 Britannia Industries Ltd became a public limited company. The company has its plants located in Uttarakhand, Delhi, Chennai, Kolkata and Mumbai. In 1921 it was the first-ever company to use the imported gas oven on the east side of Suez Canal. In 1924 Britannia opened up a new unit in Mumbai at Kasara Pier Rd. It was the same year Britannia turned into a subsidiary of a reputed British company named Peek, Frean & Company Ltd and further established itself through its production units in Mumbai and Kolkata. In 1952 the company wished to expand its Kolkata unit and shifted base from DumDum to Taratola.
The company set up a new bakery in Delhi in 1965, and within a decade in 1975 it took over the distribution from famous Parrys. During 1978 the company’s shareholding for the Indian region had grown to 60%. The company was renamed on the 3rd of October in 1979 from its former name Britannia Biscuit Company to Britannia Industries Ltd. In 1990 the company went ahead and launched two new biscuits, namely, Petit Beurre and Elaichi Cream.
In August of 1991, the soya unit of the company was hand-over to SM Dyhem Limited. In 1993, BIL was acquired by the Wadia group; it was then running the company as a partner with Danone Group. Via internal accruals, Britannia Industries Ltd agreed to acquire 49% of Kwality Biscuits in 2001. In 2004, BIL was recognized as a super brand, and the company had newly added Choconut in its wide range. In 2007, Khimji Ramdas Group went into a joint venture with the company. These two companies together acquired a 65.4% stake in Sallan Food Industries (Oman-based Company) and a 70% stake in Strategic Foods Int. Co. LLC (Dubai-based Company).
On the June cover of Business Today, in 2008, Britannia bagged the 27th position in the category of India’s fastest-growing large scale companies. In the same year, the company took great steps, it acquired Daily Bread, and BNZF turned into a complete subsidiary after Britannia bought it off from Fonterra (New Zealand-based Company). BNZF was then re-christened to Britannia airy Private Limited. In the same year, Wadia Group finally acquired the stakes of Danone in Britannia. Five years later, in 2013, the company launched the NutriChoice range.
The next year, Britannia went into an alliance with Amazon for its super-premium chocolate cookie launch, named Good Day Crunchies. The mix of cookie and cake by the brand name of Cake Biscotti was launched by the company in 2016. On the 28th of March in 2017, Chipita S.A. (Greece-based Company) had entered into a joint venture with Britannia Industries Limited for manufacturing and selling croissants (ready-made) via a joint venture firm, named Britchip Foods Ltd. It was agreed that Chipita would be having a 40% stakeholding in the company while the 60% rests with Britannia Industries Ltd.
How Britannia Industries Ltd, is categorised as Food Processing Sector and Food Processing - Bakery/Dairy/Fruits/Others Industry:
The food processing sector is referred to as "A sunrise sector". The Food & Grocery business in India is the sixth-largest in the world. It also accounts for about 65% of the whole retail market in India. India's food ecosystem offers enormous opportunities for investments with exciting growth in the retail food division, decisive economic policies and attractive financial incentives.
Britannia Industries Ltd, is categorised as Food Processing Sector and Food Processing - Bakery/Dairy/Fruits/Others Industry. The Bakery - Food processing industry include companies that produces Bakery products and other food products from Diary and more. The Indian food processing industry is expected to have tremendous growth, expanding its addition to world food trade every year. In India, the food sector has risen as a high-growth and high-profit sector due to its enormous potential for value addition, especially within the food processing industry.
Britannia Industries Ltd,, Competitors and Sector Peers:
Agro Dutch Industries Ltd. AGRDUT
ANS Industries Ltd. ANSAGR
Apex Frozen Foods Ltd. APEFRO
Bambino Agro Industries Ltd. BAMAGR
Belapur Industries Ltd. BELIND
Chordia Food Products Ltd. CHOFOO
Chothani Foods Ltd. ASHMAS
Energy Products (India) Ltd. ENEPRO
Euro India Fresh Foods Ltd. EURINF
Future Consumer Ltd. FUTVEN
GlaxoSmithKline Consumer Healthcare Ltd. GLACON
Godrej Agrovet Ltd. GODAGR
Goldcoin Health Foods Ltd. GOLHEA
Hatsun Agro Products Ltd. HATAGR
Heritage Foods Ltd. HERFOO
Herman Milkfoods Ltd. HERMIL
Himalaya Food International Ltd. HIMINT
Himalchuli Food Products Ltd. HIMFOO
Hind Industries Ltd. HINDIN
Hindustan Foods Ltd. HINFOO
ICE Make Refrigeration Ltd. ICEMAK
Indo Asian Foods and Commodities Ltd. INDASH
Indo Biotech Foods Ltd. INDOB
Jhandewalas Foods Ltd. JHAFOO
Jiya Eco Products Ltd. JIYECO
Jubilant Foodworks Ltd. DOMPIZ
Kengold (India) Ltd. KENIN
KMG Milk Food Ltd. RAHDAI
Kothari Fermentation & Biochem Ltd. KOTFER
Kovilpatti Lakshmi Roller Flour Mills Ltd. KOVLAK
Kutch Salt & Allied Industries Ltd. KUTSAL
Lotte India Corporation Ltd. LOTIND
Lotus Chocolate Company Ltd. LOTCHO
Megastar Foods Ltd. MEGFOO
Milk Specialities Ltd. MILSPE
Modern Dairies Ltd. MODDAI
Moneshi Agro Industries Ltd. MONAGR
Nakoda Group Of Industries Ltd. NAKGRO
Neopolitan Pizza Ltd. NEOPIZ
Nijjer Agro Foods Ltd. NIJAGR
Nimbus Foods Industries Ltd. SHYSOF
Oceanic Foods Ltd. OCEFOO
Parag Milk Foods Ltd. PARMIL
Prabhat Dairy Ltd. PRADAI
Prataap Snacks Ltd. PRATSN
Ravalgaon Sugar Farm Ltd. RAVSUG
Sampre Nutritions Ltd. SAMNUT
Saptarishi Agro Industries Ltd. SAPAGR
Sarveshwar Foods Ltd. SARORG
Sayaji Industries Ltd. SAYIND
Sheetal Cool Products Ltd. SHECOO
Shivamshree Businesses Ltd. SIDBUS
Sita Shree Food Products Ltd. SITSHR
SKM Egg Products Export (India) Ltd. SKMEGG
Spectrum Foods Ltd. SPEFOO
Sugam Agro-Tech Ltd. SUGAGR
Sukhjit Starch & Chemicals Ltd. SUKSTA
Sunil Agro Foods Ltd. SUNAGR
Super Bakers (India) Ltd. SUPBAK
Swojas Energy Foods Ltd. SWOJEN
SYP Agro Foods Ltd. SYPAGR
Tanvi Foods (India) Ltd. TANFOO
Tasty Bite Eatables Ltd. TASBIT
Tasty Dairy Specialities Ltd. TASDAI
Tirupati Starch & Chemicals Ltd. TIRSTA
Transglobe Foods Ltd. TRAFOO
Tricom Fruit Products Ltd. RIDSEC
Umang Dairies Ltd. UMADAI
Uniroyal Marine Exports Ltd. UNIMAR
Universal Starch-chem Allied Ltd. UNISTA
Vadilal Dairy International Ltd. VADDAI
Vadilal Enterprises Ltd. VADENT
Vadilal Industries Ltd. VADIND
Vikas Proppant & Granite Ltd. ADADER
Vintage Foods & Industries Ltd. VINFOO
