Industry | Food |
---|---|
Founded | 1967 |
Founder | Vadilal Shah |
Headquarters | Mumbai, Maharashtra, India |
Products | Spices |
Revenue | ₹2,601 crore (US$310 million) (2022) [1] |
Website | www |
Everest Food Products Pvt Ltd (Everest Spices) is an Indian manufacturer, distributor and exporter of ground spices and spice mixtures under the brand name Everest. [2]
Everest has been accorded the Superbrands status Eight times: in 2003, 2006, 2009, 2012, 2015, 2017, 2019 & 2021. It also won FMCG Consumer Reaction Award. [3] Everest began advertising aggressively on television in 2003, and by 2005, it had 30% share of the branded pure spices market in India. [4] According to the 2007 study, Everest was India's largest spices brand based in Mumbai. [5] More than two crore (20 million) households used Everest spices regularly. The brand was stocked by four Lakh (4,00,000) outlets in more than 1,000 towns across India. More than 370 crore (3.705 billion) packs of Everest product were sold each year. There were more than 42 blends under the Everest brand name. [6]
Everest Spices competes with MDH, which has 12% market share.[ citation needed ]
In May 2024, New Zealand's food safety regulator said it was investigating contamination in spice products of Indian brands Everest and MDH. [7] Its products were recalled by regulators in Hong Kong and Singapore for containing ethylene oxide. [8]
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company's motto is Growth is Life.
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of June 2024, it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4% and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.
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Mahashian Di Hatti Private Limited, doing business as MDH, is an Indian spice producer and seller based in New Delhi, India. It is the second largest leader in the Indian market with 12% market share, following S. Narendrakumar's Everest Spices.
Marico Limited is an Indian multinational Consumer goods Company providing consumer products and services in the areas of health, beauty and wellness. With its headquarters in Mumbai, Marico is present in over 25 countries across Asia and Africa. It owns brands in categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care.
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Duke and Sons Pvt. Ltd was an Indian manufacturing company based in Bombay. Established in 1889, Duke produced and marketed soft drinks. It was originally owned by the Pandole family, a well-known Parsi business name. In 1994, the company was acquired by Pepsi, which relaunched the Duke's brand in 2011 through its Indian subsidiary.
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Dharampal Gulati, also known as Mahashay Dharampal Gulati, was an Indian businessman, and founder and CEO of MDH, an Indian spice company.
Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.
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In April 2024, Singapore and Hong Kong halted sales of some spices produced by Indian companies MDH and Everest over suspected elevated levels of ethylene oxide, a cancer-causing pesticide.