Britannia restructures for enhanced growth!

Close on the heels of good results for FY 2012-13, Britannia Industries Ltd. today announced key organisational changes that will enhance Britannia’s position to become an all-embracing Foods Company from a Bakery/Dairy Company. The company also intends to aggressively scale up its International Operations and at the same time increase focus on its large and profitable India operations with a view to growing scale and market share in the face of increased competition.

The India operations will be led by COO Varun Berry who recently joined the Company. He has 27 years of experience with leading companies like Hindustan Unilever and Pepsico Foods.  His last assignment was with Pepsico Foods India as CEO.

MD Vinita Bali will focus on International Business, Britannia Nutrition Foundation and new Business Development so as to create adjacencies and new opportunities that will lead Britannia from being a Bakery/Dairy Company to becoming an all-embracing Food Company.

Says Chairman Nusli Wadia: “With these changes we are preparing Britannia for high growth in Britannia’s India operations by catering to the changing food habits of the evolving Indian consumer and pursuing opportunities for growth in the overall food domain, here and abroad.” Vinita Bali added “The new structure will help Britannia grow faster in India while it also focuses on growth in the International markets and addresses new business opportunities for the Company.”