Advantage Adani Wilmar
The company, after listing, seems to be making all the right moves to improve its bottom line
- After listing on the bourses in February, Adani Wilmar Ltd (AWL) has emerged as the third-largest FMCG firm, with a valuation of ₹45,000 crore
- In the first nine months of FY22, AWL, with more than ₹39,000 crore in revenues, is ahead of FMCG behemoth HUL (₹38,679 crore)
- With seamless links with sea ports, market leader AWL has a unique advantage over its rivals in the edible oil business, with costs set to come down further
- The edible oil business has thin margins; to circumvent that, AWL is aggressively expanding into the foods and personal care segment
- It is also expanding its edible oil business in West and South India. And it has forayed into Bangladesh and Singapore
EVER SINCE PRAMOD KUMAR took charge of operations at Adani Wilmar’s (AWL) newly built manufacturing facility at Hazira, Gujarat in 2019, he has never been happier. The 45-year-old engineer has been devoted to the company’s edible oil derivatives operations for well over a decade, but the fully-automated edible oil manufacturing plant on the outskirts of Surat gives him an immense sense of satisfaction. With a refining capacity of 2,500 tonnes a day, the plant is already one of the largest for the edible oil giant. But what keeps a seasoned professional like Kumar expectant is its future prospects.
Esta historia es de la edición April 03, 2022 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 03, 2022 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.