Britannia Industries Ltd has announced the appointment of Rakshit Hargave as its new Chief Executive Officer and Executive Director, with his tenure beginning on 15 December 2025. The company’s board approved the decision during its recent meeting, marking an important leadership transition for the FMCG giant. In its regulatory filing, Britannia stated that Hargave has been appointed as an Additional Whole Time Director and CEO for a five-year term, subject to shareholder approval. To formalize this, the company has initiated a Postal Ballot process, inviting members to vote on the new leadership appointment.
Rakshit Hargave brings more than 20 years of experience across both Indian and global markets in the FMCG and retail sectors. Before being chosen by Britannia, he served as the CEO of Birla Opus, the paints division of the Aditya Birla Group. His career also includes an extensive stint at Beiersdorf AG, the parent company of NIVEA, where he led operations in the ASEAN and ANZ regions, served as the Managing Director of Nivea India, and earlier oversaw the company’s business in Africa. Before joining Beiersdorf, Hargave held significant leadership roles at prominent consumer companies. At Hindustan Unilever Ltd (HUL), he worked as Sales and Marketing Director. He later moved into senior roles at Kimberly Clark Lever and Lakme Lever, eventually becoming Chief Operating Officer. He has also been part of the leadership team at Jubilant Foodworks, a major player in India’s quick-service restaurant industry.
Hargave began his professional journey at Tata Motors and later joined Nestlé India, gaining early experience in brand building and operational management before moving into higher leadership roles at global consumer brands. A graduate of the Faculty of Management Studies (FMS), Delhi, and the Indian Institute of Technology (IIT), Varanasi, Hargave’s appointment signals Britannia’s intention to further strengthen its executive leadership as it expands its presence in India’s rapidly growing packaged food and bakery segments. This leadership shift comes at a time when India’s packaged food industry is undergoing major changes driven by evolving eating habits, rising urban consumption and a greater emphasis on trusted, high-quality homegrown brands. For Britannia, known for household favourites such as Good Day, Marie Gold, Winkin’ Cow and Milk Bikis, the decision to bring in an industry veteran with deep roots in FMCG and brand development is expected to support its next stage of growth.
Britannia Industries continues to enhance its management team as it seeks new opportunities in India’s expanding retail and consumer goods landscape, aiming to strengthen its leadership position in the years ahead.
Date : 10 to 14 November 2025 (5 Days)
Time : 7 PM to 9:30 PM
Fee : Rs. 4,720
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