Marico Bets on Food Business Overtaking Edible Oils by FY29

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’s MD Saugata Gupta shared that the food business under Saffola is set to surpass its edible oil vertical in 3–4 years. The food division crossed ₹900 crore in FY25, contributing 11% to domestic revenue with 33% growth, while oils grew at a low single-digit pace. Key brands include Saffola oats, honey, snacks, True Elements, and Plix, with a 25% growth target driven by product expansion. Marico aims to hit ₹20,000 crore revenue by 2030 (13% CAGR), banking on strong food, diversified, and international business growth.