According to a syndicated retail audit research by AC Nielsen for the
April 2004-March 2005, Ruchi Soya Industries Limited (RSIL) has been rated
as the fastest growing FMCG company in the country with an annual growth of
62 per cent. The overall growth in the FMCG sector for the same period was
6.3 per cent. RSIL, an agri-business company with an annual turnover of Rs3,868
crore, is the flagship of the Rs11, 000-crore Ruchi Group of Industries.
survey spans across all sectors from durables, media, pharma, social, business
to business, industrial, political and FMCG across retail segments in 24 towns.
This market research is further customised according to the category, brand,
subgroups, volume, value and distribution.
on the Nielsen rating, Dinesh Shahra, managing director, RSIL, said, "We
are proud and delighted that RSIL has proved itself in the FMCG market. In
order to build our healthy brands, we have spent considerably this past year
and will spend substantially more in the future."
in 1986, Ruchi Soya is India's largest producer and supplier of vegetable
oil and Soya foods. RSIL moved from commodity to the branded portfolio model,
which have yielded a CAGR
of 26 per cent over the past five years from Rs2.5 billion in FY '99 to around
Rs10 billion for FY '05 and now account for 25 per cent of overall revenues.