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Marico eyes gulf as digital brands set sights on Rs 4,000 crore by FY30

From vietnam to the middle east, marico bets big on digital-first growth

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MUMBAI: Marico is gearing up to take its digital-first brands to the Gulf, targeting the United Arab Emirates and Saudi Arabia as it seeks a fresh wave of international growth.

The Mumbai-based consumer goods giant, famous for Parachute hair oil and Saffola edible oils, is riding the surge in smartphone use and e-commerce adoption in the region.

“In the Middle East, we are focusing on markets like the UAE and KSA, which rank among the world’s most connected,” said MD and CEO Saugata Gupta.

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Marico has been sharpening its digital edge over the past eight years, scooping up six homegrown online brands including Beardo, Just Herbs, and Plix. Earlier this month, it boosted its Southeast Asian presence with a 75 per cent stake in Vietnam’s Skinetiq, home to the brand Candid, for Rs 261 crore. Altogether, these deals tally to around Rs 1,665 crore.

The strategy is already paying off. Beardo has grown fivefold since joining Marico, while plant-based nutrition brand Plix has expanded six times in two years and pivoted from pure nutraceuticals into hair and skin food, significantly improving profit margins. Functional wellness brand Cosmix, with an annual revenue run-rate of Rs 100 crore, targets the protein deficiency gap affecting 73 per cent of India’s population and boasts high-teen Ebitda margins.

Gupta said the company is now eyeing profitable brands with annual revenues of Rs 100–150 crore, a sweet spot that allows rapid expansion without heavy losses. Organic launches continue to add spice. In Vietnam, Marico rolled out Astroman and Lashe, aimed at men’s and women’s personal care, using a social commerce model that taps bloggers and influencers on platforms like TikTok. After navigating currency and demand challenges, Vietnam returned to 22 per cent constant-currency growth in Q3 FY26, with double-digit momentum expected to continue.

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The company’s broader digital strategy is organised as a three-pronged digital chessboard: digital foods, digital personal care, and global digital brands. Gupta projects that Marico’s digital portfolio could collectively generate Rs 4,000 crore by FY30, while its new businesses are expected to contribute roughly 33 per cent of total India revenues in the same period.

To boost margins in competitive categories like food, Marico plans to leverage its institutional weight by cutting costs through centralised media buying on platforms like Meta and Google and using high-velocity supply chain capabilities. In the Middle East, the group intends to replicate its Indian success by bringing digital food brands to markets with high smartphone penetration.

With this blend of strategic acquisitions, organic launches, and operational know-how, Marico is clearly betting that its digital-first brands will power the next chapter of growth, beyond staples and across borders.

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Brands

Godrej clarifies ‘GI’ identifier after logo similarity debate

Says GI is not a logo, will not replace Godrej signature across products.

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MUMBAI: In a branding storm where shapes did the talking, Godrej is now spelling things out. Godrej Industries Group (GIG) has issued a clarification on its newly introduced ‘GI’ identifier, addressing questions around its purpose and design following a wave of online criticism. At the centre of the debate were two concerns: whether the new mark replaces the long-standing Godrej logo, and whether its geometric design mirrors other corporate identities.

The company has drawn a clear line. The Godrej signature logo, it said, remains unchanged and continues to be the sole logo across all consumer-facing products and services. The ‘GI’ mark, by contrast, is not a logo but a corporate group identifier intended for use alongside the Godrej signature or company name, and aimed at stakeholders such as investors, media and talent rather than consumers.

The need for such a distinction stems from the 2024 restructuring of the broader Godrej Group into two separate business entities. With both continuing to operate under the same Godrej name and signature, the identifier is positioned as a way to differentiate the Godrej Industries Group at a corporate level.

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The rollout, however, triggered a broader conversation on design originality. Critics pointed to similarities between the GI mark’s geometric composition and logos used by companies globally, raising questions about distinctiveness.

Responding to this, GIG said its intellectual property and legal review found that such overlaps are common in minimalist, geometry-led design systems. Basic forms such as circles and rectangles appear across dozens of brand identities worldwide, the company noted.

It added that the identifier emerged from an extensive design process and was chosen for its simplicity, allowing it to sit alongside the Godrej signature without competing visually. While acknowledging that elemental shapes may appear less distinctive in isolation, the group emphasised that the mark is part of a broader identity system that includes a custom typeface, sonic branding and other proprietary elements.

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Following legal and ethical assessments, the company said it found no impediment to using the identifier, reiterating that the GI mark is a corporate tool not a consumer-facing symbol.

In short, the logo isn’t changing but the conversation around it certainly has.

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