Elitecon International Limited has announced a strategic roadmap to establish a diversified FMCG business, targeting approximately Rs 20,000 crore in revenue by FY2030.

The company's growth strategy is built on a dual-platform model that combines its international tobacco export operations with a phased expansion into the FMCG sector. The planned FMCG portfolio will focus on packaged foods and snacks, edible oils, and daily household essentials.

To support this expansion, Elitecon plans to leverage its existing 40,000 sq. ft. manufacturing facility in Nashik, Maharashtra, while undertaking phased capability enhancements based on operational readiness and market demand.

The company currently has an international tobacco export order book exceeding USD 119 million across Africa and the Middle East. This includes a two-year export agreement with Bozza Tobacco (PTY) Ltd valued at around ?202 crore, along with an ongoing USD 97.35 million export order for the Middle East through Yuvi International Trade FZE.

As part of its FMCG roadmap, Elitecon has outlined an indicative capital investment of ?700 crore. The company plans to build a distribution network comprising 5,000 partners, establish a presence across more than 5 lakh retail outlets, and expand into over 15 international markets. It also aims to develop a portfolio of 10 consumer brands and more than 150 SKUs over time.

Commenting on the development, Kumar Anubhav Upadhyay said the company remains focused on disciplined execution of its disclosed growth plans. He highlighted that the strong export order book, existing manufacturing infrastructure, and clearly defined FMCG ambitions provide a credible long-term growth trajectory for the company.

Elitecon stated that its FMCG expansion will follow a milestone-driven approach, with new product launches contingent on readiness across manufacturing, sourcing, packaging, inventory management, pricing, and distribution. The company also plans to enhance capabilities at its Nashik facility through automation upgrades, expansion of quality assurance infrastructure, and calibrated capacity additions aligned with confirmed demand.

The company said all material developments related to the FMCG rollout will continue to be disclosed in accordance with SEBI regulations.