India: Elitecon International to invest 700 crore INR in FMCG expansion
Elitecon International, the Indian fast-moving consumer goods (FMCG) company, has announced plans to invest 700 crore INR ($84 million) over the next five years to scale its operations. The capital expenditure is a core pillar of the firm’s “Vision 2030” strategy, which aims to increase annual revenue from its current 150 crore INR ($18 million) […]