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Britannia Industries expects rural segment to account for 35% of total sales in next 18 months

21 Oct 2020 Evaluate

Britannia Industries is expecting the rural segment to account for about 35 percent of its total sales in the next 18 months from 30 percent currently on the back of network expansion. The company is using the current opportunity, when the rural market is showing a higher rate of growth than the urban segment, to expand its reach by investing and adding more distributors. Besides, the company is also democratizing some of its premium offerings by making them available in small packs for lower-income consumers.

Britannia Industries, one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG Segment.

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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