Company lists
The Ahmedabad edition · 2026

Consumer goodscompanies in Ahmedabad

Food & FMCG, durable goods, apparel & fashion, home furnishing, beauty & personal care and more: the companies building consumer goods in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

578 company profiles222 with reported revenue25 with recorded fundingSeptember 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent consumer goods business events in Ahmedabad

Funding, M&A, contract wins and launches involving 651 consumer goods companies in Ahmedabad, last 24 months: 35 M&A deals · 7 Contracts · 6 launches · 4 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

LaunchCafé Mocha

Vadilal Industries

Vadilal Industries launches its latest campaign, ‘#IceCreamWaliSituationship’, and two delicious new flavours - Café Mocha and Pista Kunafa.

Ice Cream Flavor
ContractService

Glassbox · client: Gokul agro resources

Gokul Agro Resources Ltd. has appointed Glassbox, a Komerz company, as its integrated brand and growth partner

FMCG
LaunchRiteBite Max Protein RTD Protein Shakes

Zydus wellness

Zydus Wellness Ltd has expanded its RiteBite Max Protein range into three new formats—ready-to-drink (RTD) protein shakes, protein bars, and protein chips—as it looks to broaden its…

Protein beverage
LaunchGlucon-D Recharge

Zydus wellness

India, March 26th, 2026: Zydus Wellness today announced the expansion of its iconic brand Glucon-D into the fast-growing performance hydration category with the launch of Glucon-D Recharge.

Performance Hydration
M&AAcquisition · Completed

Arjunsinh Rajput acquires Gokul refoils & solvent

Arjunsinh Rajput acquired 12,238 equity shares of Gokul Refoils & Solvent Limited through open market purchase on March 10, 2026.

M&AAcquisition · Announced

Ankit Jalan and Anuj Jalan acquires Shah foods

The draft letter, dated February 25, 2026, outlines an open offer by acquirers Ankit Jalan and Anuj Jalan to acquire up to 60,61,900 equity shares of Shah Foods Limited, representing…

Food products and vegetables trading
M&AAcquisition · Announced

Recomotor acquires Barcelona

Recomotor, distributor of recovered parts for workshops and automotive professionals, continues its expansion with the acquisition of a new scrapping in Sant Andreu de la Barca (Barcelona).

ContractSupply

Ashapuri gold ornament · client: Na

Ashapuri Gold Ornament Limited secured ₹102 crore in domestic orders at IIJS Premier 2025, to be executed within 90 days.

Gold jewellery
LaunchWagh Bakri Royale

Wagh Bakri

Targeting tea connoisseurs, Wagh Bakri, a Gujarat-based tea brand on Tuesday launched a “super‑premium” category of blended tea which is about 30-40 per cent costly that the most premium…

Super‑premium blended tea
Funding

Renee cosmetics

Beauty brand Renee Cosmetics secured second position with $30 million in a funding round led by Playbook.

Investors Playbook
Beauty, cosmetics
M&AAcquisition · Announced

Lence acquires Adani wilmar

ACL and Lence have entered into a share purchase agreement (SPA), under which “Lence has agreed to purchase, and ACL has agreed to sell up to a maximum of 25.99 crore shares representing…

M&AMerger · Pending

Vadilal Industries acquires Vadilal International Pvt. Ltd, Vadilal Finance Co. Pvt. Ltd, Veronica Constructions Pvt. Ltd

As part of a family agreement, the families decided to merge three promoter-owned companies—Vadilal International, Vadilal Finance Co. Pvt. Ltd, and Veronica Constructions Pvt. Ltd—into…

M&AAcquisition · Announced

Rasna acquires Jumpin

Instant beverage major Rasna has acquired popular juice brand Jumpin from Hershey’s India, marking its foray into the ready-to-drink (RTD) segment.

M&AAcquisition · Announced

Rasna acquires Hershey's India

Instant beverage maker Rasna on Monday announced that it has acquired the brand Jumpin from Hershey's India for expanding into the ready-to-drink category.

Beverage
FundingOFS

Adani wilmar

Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on…

Investors Non-retail investors, Retail investors
Oil and Gas
ContractService

Primex media services · client: Clear premium water

Primex Media Services, one of India’s leading public relations and media management agencies, has been awarded the PR mandate for CLEAR Premium Water for the third consecutive time

Public Relations
M&AAcquisition · Announced

Hometown acquires Chef boyardee

Hometown Food Co. (part of the Brynwood Partners IX L.P. portfolio) has entered into a definitive agreement to acquire Chef Boyardee for $600 million from Conagra Brands Inc.

Food
ContractSupply

Ashapuri gold ornament · client: Na

Ashapuri Gold Ornament: Company has received an order for the supply of Gold Jewellery with a value of Rs 21 crore. (Positive)

M&AAcquisition · Announced

Adani wilmar acquires G.D. Foods Manufacturing (India) Pvt. Ltd

Adani Wilmar Ltd (AWL) is doubling down on branded foods with its ₹603 crore acquisition of G.D. Foods Manufacturing (India) Pvt. Ltd

Food manufacturing
Contract

GD Foods Manufacturing (India) Private Ltd · client: Adani wilmar

Adani Wilmar has signed a definitive agreement to acquire GD Foods Manufacturing (India) Private Ltd.

M&AAcquisition · Completed

Gemspring capital acquires Creative

Intrepid Investment Bankers ... announced today that it acted as the exclusive buyside advisor to Gemspring Capital Management, LLC (“Gemspring”) on the acquisition of Creative…

Hair and Skin Care Products
M&AAcquisition · Announced

Hometown acquires The J.M. Smucker Co.

Hometown Food Co. was to acquire a portfolio of brands from The J.M. Smucker Co.

M&AAcquisition · Announced

Na acquires Adani wilmar

We, Adani Commodities LLP ('Seller'/'Promoter'), one of the promoters of Adani Wilmar Limited ('Company'), have sold 17,56,01,314 equity shares of face value of ₹1 each, representing…

M&AAcquisition · Announced

Wilmar international acquires Adani wilmar

Indian billionaire Gautam Adani’s Adani Group will sell a 20 per cent stake in Adani Wilmar for 71.48 billion rupees (S$1.1 billion) as it exits non-core activities to focus on the…

Retail
M&AAcquisition · Completed

Non-retail investors acquires Adani wilmar

The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar as part of a strategy to exit non-core activities to focus on main…

FMCG
M&AAcquisition · Announced

Public market acquires Adani wilmar

Adani will sell the remaining 13.94 per cent stake in the open market to the public to satisfy the 25 per cent public shareholding prescribed by Sebi for public listed companies.

Food & FMCG
M&AAcquisition · Announced

Lence Pte. acquires Adani wilmar

Adani Enterprises, Adani Commodities LLP (a wholly-owned subsidiary of AEL) and Lence Pte. (a wholly owned subsidiary of Wilmar International) have entered into an agreement on 30…

M&AAcquisition · Announced

Pence acquires Adani wilmar

Upon signing the agreement today, Pence, a wholly‑owned subsidiary of Wilmar International, will acquire all the paid‑up equity shares of joint venture Adani Wilmar.

M&AAcquisition · Announced

Na acquires Adani wilmar

Adani Enterprises will sell ~13% in Adani Wilmar Ltd to achieve minimum public shareholding requirements and Wilmar International has agreed to acquire ~31% held by Adani Enterprises in…

FMCG

Consumer goods companies in Ahmedabad, by revenue

Browse consumer goods companies in Ahmedabad by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 222 consumer goods companies in Ahmedabad, Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of edible and non-edible oils, derivatives, and feed meals

Food & beverage products
₹19,584.78 crFY 2024-25
+41%2024–2025
810+22% 12 mo to Aug 2024recorded Aug 2024
12 yr2014
0none in 3 months

Manufactures consumer care products

Home care products
₹9,120.78 crFY 2021-22
Not reported
340-12% 12 mo to Sep 2024recorded Sep 2024
57 yr1969
—No postings tracked

Producers of edible oil

Food & beverage products
₹3,146.91 crFY 2022-23
Not reported
446+0% 12 mo to Jul 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Brand of healthcare nutrition products

Food & beverage products
₹2,722.50 crFY 2024-25
+16%2024–2025
2,301+3% 12 mo to Mar 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Manufacturer & Supplier of Home Appliances Products

Household durables
₹2,396.42 crFY 2022-23
Not reported
1,208-15% 12 mo to Oct 2023recorded Oct 2023
42 yr1984
0none in 3 months

Tea Exporters & Suppliers - Tea Brands - Wagh Bakri Group

Food & beverage products
₹1,897.86 crFY 2022-23
Not reported
1,048+7% 12 mo to Sep 2024recorded Sep 2024
134 yr1892
—No postings tracked

Brand of groundnut oil

Food & beverage products
₹1,728.84 crFY 2024-25
+36%2024–2025
101+12% 12 mo to Feb 2024recorded Feb 2024
34 yr1992
0none in 3 months

Internet first brand of casual wear for men and women

Contract manufacturers
₹1,454.80 crFY 2024-25
-1%2024–2025
375recorded
10 yr2016
0none in 3 months · last posted Jun 2026

Manufacturer and exporter of knit fabrics, offering a wide range of products including BCI yarn, organic yarn, and regular yarn

Home furnishing products
₹1,137.32 crFY 2021-22
Not reported
—Not available
56 yr1970
—No postings tracked

Air coolers brand

Household durables
₹1,207.00 crFY 2023-24
Not reported
471+5% 12 mo to Sep 2024recorded Sep 2024
87 yr1939
—No postings tracked

Ice Creams - Vadilal

Food & beverage products
₹1,137.80 crFY 2023-24
Not reported
209+8% 12 mo to Apr 2024recorded Apr 2024
119 yr1907
—No postings tracked

Brand offering ice cream products

Food & beverage products
₹1,010.95 crFY 2023-24
Not reported
594+13% 12 mo to Aug 2024recorded Aug 2024
36 yr1990
—No postings tracked

Brand of diamond & gold jewellery

Fashion accessories
₹896.47 crFY 2021-22
Not reported
24-1% 12 mo to Sep 2024LinkedIn · Jul 2026
48 yr1978
—No postings tracked

Internet first brand of jewellery

Fashion accessories
₹872.57 crFY 2021-22
Not reported
113-64% 12 mo to Feb 2024recorded Feb 2024
56 yr1970
—No postings tracked

Manufacturer of eco-friendly denim textiles

Home furnishing products
₹710.46 crFY 2024-25
+40%2024–2025
8-11% 12 mo to Feb 2024recorded Feb 2024
16 yr2010
0none in 3 months

Brand of spices, chips, pickles, snacks, flours, and toast

Food & beverage products
₹641.33 crFY 2022-23
Not reported
1,220-7% 12 mo to Jul 2024recorded Jul 2024
61 yr1965
—No postings tracked

Manufacturer of food and beverage products and operator of hospitality services

Traditional conglomerates
₹516.02 crFY 2024-25
-3%2024–2025
146-5% 12 mo to Oct 2023LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of home appliances, sanitaryware, and kitchen products

Household durables
₹483.58 crFY 2024-25
+40%2024–2025
412+27% 12 mo to Aug 2024recorded Aug 2024
8 yr2018
0none in 3 months

Provider of textiles, fabrics, and flocking services

Home furnishing products
₹471.77 crFY 2024-25
+29%2024–2025
44LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Manufacturer of bottled water and eco-friendly packaging

Food & beverage products
₹431.69 crFY 2024-25
+22%2024–2025
198+62% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Brand offering skin, hair & health care products

Beauty & personal care products
₹425.64 crFY 2024-25
+31%2024–2025
1,812+86% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months · last posted Jun 2026

Provider of fancy fabric and apparel manufacturing services

Contract manufacturers
₹353.65 crFY 2021-22
Not reported
504-16% 12 mo to Sep 2024recorded Sep 2024
56 yr1970
—No postings tracked

Textile manufacturer in India with interests in investment and financial services.

Fashion accessories
₹319.66 crFY 2021-22
Not reported
116recorded
14 yr2012
0none in 3 months

Brand of rice

Food & beverage products
₹322.47 crFY 2023-24
-50%2023–2024
23+35% 12 mo to Jul 2017recorded Jul 2017
45 yr1981
0none in 3 months

Lincon Polymers is a manufacturer and supplier of laminated bags, woven bags, and woven fabrics.

Fashion accessories
₹289.71 crFY 2021-22
Not reported
113+4% 12 mo to Feb 2024LinkedIn · Jul 2026
—
0none in 3 months
50 of 578 companies shown here · the full list is on Radar
Fliar Radar

Explore all 578 consumer goods companies in Ahmedabad on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open consumer goods in Ahmedabad on Radar
  • Every company, not just 50All 578 consumer goods companies in Ahmedabad, filterable by stage, funding, team size, revenue model and age.
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Explore consumer goods companies in Ahmedabad by what you are looking for

Find top consumer goods companies in Ahmedabad, from fast moving consumer goods brands to durable goods makers. Browse consumer goods startups in Ahmedabad, listed companies and those that are hiring.

9 ways to explore consumer goods in Ahmedabad

Food, beverage & FMCG companiesHousehold durables & home appliance makersApparel, fabric & fashion brandsHome furnishing, textiles & furniture brandsBeauty & personal care brandsJewellery, bags & fashion accessories

Food, beverage & FMCG companies

Fast moving consumer goods makers of packaged food, snacks, oils and beverages.

  1. Gokul Agro

    Manufacturer of edible and non-edible oils, derivatives, and feed meals

    Food & beverage products
    See in list
  2. Wagh Bakri Tea Group

    Tea Exporters & Suppliers - Tea Brands - Wagh Bakri Group

    Food & beverage products
    See in list
  3. Gulab Oils

    Brand of groundnut oil

    Food & beverage products
    See in list
  4. United Foods

    Brand of peanut butter

    Food & beverage products
    Website
  5. Vadilal

    Ice Creams - Vadilal

    Food & beverage products
    See in list

Household durables & home appliance makers

Durable consumer goods such as appliances, kitchenware and coolers.

  1. Hitachi Home & Life Solutions

    Manufacturer & Supplier of Home Appliances Products

    Household durables
    See in list
  2. Symphony

    Air coolers brand

    Household durables
    See in list
  3. Varmora Plastech

    Manufacturer and exporter of houseware products

    Household durables
    Website
  4. Amazoone

    Manufacturer of quartz and porcelain slabs for various interior applications

    Home furnishing products
    Website
  5. Mahalaxmi Utensil

    Manufacturer of stainless steel household utensils, offering a range of products such as storage boxes, casseroles, and more

    Household durables
    Website

Apparel, fabric & fashion brands

Clothing brands, fabric makers and contract garment manufacturers.

  1. Nandan Terry

    Internet first brand of casual wear for men and women

    Contract manufacturers
    See in list
  2. Sekhani Group

    Provider of fancy fabric and apparel manufacturing services

    Contract manufacturers
    See in list
  3. Linconpolymers

    Lincon Polymers is a manufacturer and supplier of laminated bags, woven bags, and woven fabrics.

    Fashion accessories
    See in list
  4. RAMESWAR APEX

    Manufacturer and exporter of cotton yarn, work wear, and fabrics

    Contract manufacturers
    See in list
  5. Nakoda Fashion

    Manufacturer of shirting & suiting fabrics

    Apparel brands
    See in list

Home furnishing, textiles & furniture brands

Home textiles, furniture, laminates and decor products.

  1. Vaibhav Laxmi

    Manufacturer and exporter of knit fabrics, offering a wide range of products including BCI yarn, organic yarn, and regular yarn

    Home furnishing products
    See in list
  2. Shanti Spintex

    Manufacturer of eco-friendly denim textiles

    Home furnishing products
    See in list
  3. Gujarat Flotex

    Provider of textiles, fabrics, and flocking services

    Home furnishing products
    See in list
  4. Kankariya Textile Industries

    Brand of fabrics and garments, from yarn to finished products

    Home furnishing products
    See in list
  5. Heritage Board

    Manufacturer and distributor of MDF, particle boards, pre-lamination, and decorative surfaces

    Home furnishing products
    Website

Beauty & personal care brands

Skin care, hair care, cosmetics and personal care brands.

  1. Smart Laboratories

    Brand offering skin, hair & health care products

    Beauty & personal care products
    See in list
  2. Renee Cosmetics

    Online retailer of cosmetics, fragrances, skincare, and beauty accessories

    Beauty tech
    See in list
  3. Paradyes

    Internet-first brand offering multi-category hair coloring products

    Beauty & personal care products
    Website
  4. Brillare Science

    Brand of hair oils

    Beauty & personal care products
    Website
  5. Manohar International

    Leading manufacturer, supplier, and exporter of spa-salon disposable products and medical textiles

    Beauty & personal care products
    Website

Jewellery, bags & fashion accessories

Jewellery, watches, bags and luggage brands.

  1. Laxmi Jewellery

    Brand of diamond & gold jewellery

    Fashion accessories
    See in list
  2. Suvarnakala

    Internet first brand of jewellery

    Fashion accessories
    See in list
  3. Linconpolymers

    Lincon Polymers is a manufacturer and supplier of laminated bags, woven bags, and woven fabrics.

    Fashion accessories
    See in list
  4. Rsbcottex

    RSB Cottex is a human resources and scientific management system to supply reliable and consistent quality products.

    Fashion accessories
    See in list
  5. LAKHTARWALA

    Provider of gold and diamond jewelry

    Fashion accessories
    See in list

Home care & detergent companies

Detergents, cleaning and home care product makers.

  1. Nirma

    Manufactures consumer care products

    Home care products
    See in list
  2. Hipolin

    Manufacturer of detergent powder and cake

    Home care products
    Website
  3. Ekam Online

    Online brand offering home fragrance products

    Home care e-commerce
    Website
  4. Wownandi

    Retailer of Panchgavya-based products for pooja and general wellbeing

    Home care products
    Website
  5. Azafran Homecare

    Manufacturer of detergents for fabric care

    Home care products
    Website

Consumer goods startups in Ahmedabad

Newer consumer goods and internet-first brands.

  1. Dermatouch

    Online platform offering personalized skin care products

    Beauty & personal care products
    Website
  2. Auro Diam Exports

    Manufacturer and exporter of diamond jewellery and precious stone jewellery

    Fashion accessories
    Website
  3. Koura Diamond Jewellery

    Provider of diamond jewelry

    Fashion accessories
    Website
  4. PROTOUCH

    Internet first brand offering multiple beauty care devices

    Beauty & personal care products
    Website
  5. Innovitoy

    Toy manufacturing company that designs and develops a range of innovative, educational, and engaging toys for children

    Baby & kids products
    Website
86 companies in Ahmedabad

Listed consumer goods companies in Ahmedabad

Publicly listed consumer goods companies; consumer goods stocks.

  1. Gokul Agro

    Manufacturer of edible and non-edible oils, derivatives, and feed meals

    Food & beverage products
    See in list
  2. Zydus Wellness

    Brand of healthcare nutrition products

    Food & beverage products
    See in list
  3. Hitachi Home & Life Solutions

    Manufacturer & Supplier of Home Appliances Products

    Household durables
    See in list
  4. Symphony

    Air coolers brand

    Household durables
    See in list
  5. Vadilal

    Ice Creams - Vadilal

    Food & beverage products
    See in list
34 companies in Ahmedabad
Mobile reach

Top 10 consumer goods apps from Ahmedabad

The most-installed Android apps published by consumer goods companies headquartered in Ahmedabad — 25.4M installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Nail Salon Makeover Girl Games

by yories

Installs22.9M
Rating4.5414K ratings
Installs, year on year+21%
Last updatedMay 2026
View on Google Play ↗
Nail Salon Makeover Girl Games screenshot 1Nail Salon Makeover Girl Games screenshot 2Nail Salon Makeover Girl Games screenshot 3Nail Salon Makeover Girl Games screenshot 4Nail Salon Makeover Girl Games screenshot 5Nail Salon Makeover Girl Games screenshot 6
3

R for Rabbit - Baby & Kids

by R for Rabbit

Installs362K
Rating—
Last updatedMay 2026
View on Google Play ↗
R for Rabbit - Baby & Kids screenshot 1R for Rabbit - Baby & Kids screenshot 2R for Rabbit - Baby & Kids screenshot 3R for Rabbit - Baby & Kids screenshot 4R for Rabbit - Baby & Kids screenshot 5R for Rabbit - Baby & Kids screenshot 6
10

Astmangal Chains

by Astmangal

Installs8K
Rating—
Last updatedJun 2026
View on Google Play ↗
Astmangal Chains screenshot 1Astmangal Chains screenshot 2Astmangal Chains screenshot 3Astmangal Chains screenshot 4Astmangal Chains screenshot 5Astmangal Chains screenshot 6
The business behind the activity

Consumer goods financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 190 consumer goods companies in Ahmedabad, Gujarat for FY24-25 — 223 of the 578 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 63% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹55,203.65 cr

190 companies filing accounts

combined net profit−₹972.62 cr

-1.8% aggregate margin

are profitable76%

145 of 190 companies

median revenue~₹26.6 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five63%

revenue concentration

Six-year view

Combined revenue of filing companies

₹28,432.00 crFY19-20156 filers
₹32,176.81 crFY20-21171 filers
₹42,737.17 crFY21-22186 filers
₹47,174.20 crFY22-23190 filers
₹47,263.26 crFY23-24192 filers
₹55,203.65 crFY24-25190 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 168 companies over three years

+20%
FY22-23₹45,913.18 cr₹2,083.40 cr net
FY23-24₹46,762.49 cr₹1,665.58 cr net
FY24-25₹54,909.74 cr−₹947.29 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2548% profitable
₹1–10 cr4365% profitable
₹10–100 cr7180% profitable
₹100–1,000 cr4195% profitable
Over ₹1,000 cr1090% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking52
0–20%53
20–50%38
50–100%19
Doubled+16

178 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

145profitable
45loss-making
-1.8%aggregate margin
1.2%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
DermatouchCLOUD WELLNESS PRIVATE LIMITED+314%₹62.95 cr
Wellvort FashionWELLVORT FASHION PRIVATE LIMITED+137%
HCP WellnessHCP WELLNESS PRIVATE LIMITED+99%₹62.13 cr
RoasteaTCT VENTURES PRIVATE LIMITED+91%₹63.80 cr
Ashapuri Gold OrnamentASHAPURI GOLD ORNAMENT LIMITED
ShayonaSHAYONA LIFESTYLE PRIVATE LIMITED+89%₹18.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Goldkart JewelsGOLDKART JEWELS LIMITED17.5%₹82.35 cr
Urmin GroupURMIN PRODUCTS PRIVATE LIMITED15.0%₹516.02 cr
SymphonySYMPHONY LIMITED14.3%₹1,231.23 cr
VedlakshanaVEDIK GO UTPAD FOUNDATION₹29.87 cr
RasnaPIOMA INDUSTRIES PRIVATE LIMITED12.9%
VadilalVADILAL INDUSTRIES LIMITED11.1%₹1,028.59 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products59₹32,788.14 cr~₹55.3 cr85%2.1%
Household durables8₹4,751.56 cr~₹115.4 cr62%4.4%
Fashion accessories26₹2,999.16 cr~₹49.3 cr96%2.8%
Contract manufacturers8₹2,442.35 cr~₹136.4 cr75%1.5%
Home furnishing products21₹2,235.41 cr~₹51.2 cr71%1.2%
Apparel brands15₹728.25 cr~₹15.3 cr93%2.7%
Beauty & personal care products23₹688.65 cr~₹9.5 cr57%-1.6%
Fashion tech5₹20.27 cr~₹3.1 cr60%-62.1%
Leaders

Largest consumer goods companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Gokul AgroGOKUL AGRO RESOURCES LIMITED₹17,146.60 cr₹200.86 cr1.2%+32%
NirmaNIRMA LIMITED₹7,219.15 cr−₹2,096.21 cr-29.0%-4%
N.K.ProteinsN K PROTEINS PRIVATE LIMITED₹57.55 cr1.1%+15%
Hitachi Home & Life SolutionsBOSCH HOME COMFORT INDIA LIMITED₹2,782.20 cr₹58.83 cr2.1%+44%
Wagh Bakri Tea GroupGUJARAT TEA PROCESSORS AND PACKERS LIMITED₹2,358.22 cr₹150.75 cr6.4%+12%
Gulab OilsGULAB OIL AND FOOD (AHMEDABAD) PRIVATE LIMITED₹1,728.84 cr₹10.55 cr0.6%+36%
Nandan TerryNANDAN TERRY LIMITED₹1,454.80 cr₹24.52 cr1.7%-1%
SymphonySYMPHONY LIMITED₹1,231.23 cr₹175.91 cr14.3%+46%
Vadilal IcecreamsVADILAL ENTERPRISES LIMITED₹1,125.18 cr₹5.73 cr0.5%+11%
VadilalVADILAL INDUSTRIES LIMITED₹1,028.59 cr11.1%+11%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Consumer Goods Industry Landscape of Ahmedabad

The financials above are one chapter. The full consumer goods landscape of Ahmedabad maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the consumer goods landscape of Ahmedabad
For investors and data teams

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The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Consumer goods funding and M&A across India

3,248 recorded equity rounds have gone to 19,060 consumer goods companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months162

US$416.17m

equity rounds, last 24 months494

US$1.41bn

raised over five yearsUS$6.81bn

1,925 rounds in India

M&A deals, Ahmedabad35

last 24 months

Capital by year

Equity funding into consumer goods in India

amount rounds
$567m2018173
$763m2019224
$470m2020200
$1.7bn2021336
$1.7bn2022423
$1.2bn2023364
$956m2024374
$948m2025325
$246m2026103

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.74bn across 336 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$105.27m380 rounds · median US$112k
SeedUS$817.27m1,036 rounds · median US$371k
Series AUS$1.21bn257 rounds · median US$3.50m
Series BUS$1.28bn126 rounds · median US$7.32m
Series CUS$1.18bn68 rounds · median US$14.46m
Series D+US$1.74bn46 rounds · median US$19.66m
Private equityUS$117.49m4 rounds · median US$25.71m
Where the money went · five years

Most-funded sub-sectors

Fashion techUS$1.12bn176 rounds · 78 companies
Online groceryUS$1.05bn247 rounds · 80 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Beauty techUS$703.50m186 rounds · 66 companies
Beauty & personal care productsUS$661.05m235 rounds · 99 companies
Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Apparel brandsUS$383.36m109 rounds · 61 companies
Corporate activity · last 24 months

M&A in Ahmedabad

30Acquisition
4Merger
1Announced

Most active acquirers

  1. Vadilal Industries5
  2. Zydus wellness4
  3. Lence3
  4. Rasna3
  5. Hometown3

Most acquired or merged

  1. Adani wilmar11
  2. Comfort click2
  3. Vadilal2
  4. Gokul refoils & solvent1
  5. Shah foods1

Each deal appears in the events strip at the top of the page.

Consumer goods funding in Ahmedabad

25 consumer goods companies in Ahmedabad have recorded equity funding, US$135.70m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Ahmedabad

Meet the people behind consumer goods companies in Ahmedabad. 236 of 578 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad consumer goods companies by sub-sector

The most common specialisations among consumer goods companies in Ahmedabad. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring consumer goods in India and nearby markets.

Coming soon