Post-Adani exit, Wilmar to emulate ITC; leverage cash-cow oil business to expand FMCG portfolio

Post the Adani exit, Wilmar India plans to emulate ITC's successful strategy to expand its FMCG portfolio. The company aims to diversify and grow its presence in the fast-moving consumer goods sector, focusing on food products, personal care, and health supplements. Wilmar's efforts are part of a broader push to compete with established players like ITC, which has a well-established FMCG footprint. This strategy includes strengthening their distribution network and expanding product offerings to capture a larger market share in the competitive FMCG space.