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Thriving Indian pet care market provides big opportunity for FMCG majors | News

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Thriving Indian pet care market provides big opportunity for FMCG majors | News



The Indian pet care market is hotting up with a new player set to enter the arena soon.


Earlier this month, Godrej Consumer Products (GCP) said it will foray into the sector in FY26 with an investment of Rs 500 crore over five years.


Currently valued at Rs 5,000 crore, the market has the potential of a strong double-digit growth for the next few decades, the company said in an exchange filing, while announcing its move.


“To give a perspective, only 10 per cent of Indians own a pet, of which only 10 per cent feed packaged food and that

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