Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years

Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio

Having doubled its turnover in three years to Rs 2,100 crore in FY22, Gujarat's emerging cooking medium brand Gulab Oils is now eyeing a turnover Rs 5,000 crore over the next 3-4 years on the back of its pan-India presence and capacity expansion.

"We more than doubled our turnover on the back of healthy growth in the edible oil business during the past three years. Now that we are expanding our presence from four states to 10 on the back of capacity and product portfolio expansion, we hope to touch Rs 5,000 crore in next 3-4 years," Dishit Nathwani, director