Elitecon International, the Indian fast-moving consumer goods (FMCG) company, has announced plans to invest 700 crore INR ($84 million) over the next five years to scale its operations. The capital expenditure is a core pillar of the firm’s “Vision 2030” strategy, which aims to increase annual revenue from its current 150 crore INR ($18 million) to 20,000 crore INR ($2.4 billion) by the 2029-30 financial year. The investment will facilitate …

