Archive · 12 Dec 2025
Orkla India targets growth via acquisitions and quick meals
Orkla India, which owns popular brands like MTR and Eastern Spice, wants to grow bigger by buying other companies.
They are especially interested in businesses that fit well with Indian culture and food.
The company is also focusing on making and selling quick meals that people can eat easily, like vermicelli and ready-to-cook breakfast kits.
They believe that more people, especially young ones and families with two incomes, will want these convenient foods.
Orkla India has seen a big increase in sales through online shopping, and they think this trend will continue.
They have enough money to make these purchases and are looking for deals that start at around 11 million dollars and can go higher.
The company expects to start growing their revenue by more than 10% each year starting in 2026.
Orkla India is seeking acquisitions to expand its portfolio, focusing on businesses that reflect local culture and food.
The company aims to drive double-digit revenue growth from fiscal 2026, with a focus on convenience foods and e-commerce.
Online sales for Orkla India jumped 47% last financial year, increasing their share of domestic sales to 7.5%.
Convenience foods, including vermicelli and ready-to-cook breakfast kits, made up 33.4% of the company's revenue last year.
Orkla India is targeting acquisitions starting at 1-2 billion rupees (about $11-$22 million) and above.
- Who
- Orkla India, a Norwegian consumer goods group's Indian arm, owns MTR and Eastern spice brands.
- What
- Orkla India is looking to expand its portfolio through acquisitions and is focusing on quick-delivery platforms and ready-to-eat meals for growth.
- When
- The company expects to return to double-digit revenue growth in fiscal 2026.
- Where
- The operations are primarily focused in India, with a significant emphasis on large cities for quick-delivery services.
- Why
- The company aims to capitalize on the growing demand for convenience foods and the rapid growth of e-commerce, especially through hyperfast delivery apps.
- Company
- Orkla India
- Brands Owned
- MTR, Eastern Spice
- Expected Revenue Growth
- Double-digit from fiscal 2026
- Online Sales Growth
- 47% last financial year
- Convenience Foods Revenue Share
- 33.4% last year
- Target Acquisition Size
- 1-2 billion rupees (about $11-$22 million) and above
- CEO
- Sanjay Sharma
