Deoleo bets big on India, targets ₹500 crore Figaro business by FY27

Spanish olive oil major Deoleo is stepping up investments behind its Figaro brand in India as it works towards building a ₹500 crore business by expanding distribution, deepening quick-commerce and broadening its portfolio beyond edible oils. The company expects India’s ₹880 crore olive oil market to accelerate from annual growth of about 8 per cent over the past three years to 12-15 per cent going forward, expanding to nearly ₹2,000 crore by 2034 and creating one of the strongest long-term growth opportunities in its global portfolio

Raccontata dathehindubusinessline.com