India's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit,

It’s not just about perceived difficulty in raising money or reduce high debt levels. Analysts say the business does not sit well with the overall infrastructure piece of the conglomerate.

Adani Wilmar Ltd is shifting its strategy to expand its FMCG portfolio, much like ITC, by utilizing its dominant edible oil business foundation. The company's recent 24% year-on-year growth in its FMCG sector highlights its successful expansion efforts,

On December 30, billionaire Gautam Adani's group announced its exit from Adani Wilmar, selling its entire stake

Adani Wilmar Ltd (AWL) is leveraging its dominant edible oil business to drive growth in its high-margin FMCG portfolio following the Adani Group's exit. With a 24% FMCG business growth in volume and a strong distribution network,