GCL sets sights on ₹5,000 crore turnover by 2030, plans foray into breakfast and kids markets

Ghodawat Consumer Limited (GCL), the FMCG arm of the Sanjay Ghodawat Group, is aiming to achieve ₹5,000 crore in revenue by 2030, a significant jump from its current ₹1,200 crore, as part of an ambitious expansion strategy. The plan includes entering new product categories and moving toward an asset-light manufacturing model.

“The ambition is to grow five times from ₹1,200 crore to ₹4,000 or ₹5,000 crore by 2030,” said Salloni Ghodawat, CEO of GCL. The company is also considering an initial public offering (IPO) within the next five years, though no formal plans have been finalised yet.

Based in Kolhapur, GCL operates brands such as Star (staples), Coolberg (non-alcoholic beer), and TBH (To Be Honest — vacuum-cooked fruit and vegetable chips). The company is planning to enter the breakfast segment and develop products for children.

“Breakfast is an underexplored segment with a lot of potential, and the kids’ category is also under-penetrated in India,” Ghodawat said.