Britannia Appoints Rakshit Hargave as CEO & Managing Director
Britannia Industries, India’s leading food company, has appointed Rakshit Hargave as its Chief Executive Officer and Managing Director.
His appointment is effective December 15, 2025, the company said in a regulatory filing. He succeeds Varun Berry, who stepped down earlier this year after a successful decade-long tenure marked by consistent growth and portfolio expansion.
On assuming charge, Rakshit Hargave expressed enthusiasm for his new role, describing his first day at Britannia as “amazing” after engaging with teams across the organisation. He said he looks forward to partnering with employees and leadership to build Britannia into a “total foods global company,” aligned with its long-term strategic vision.
The company said that the leadership transition reinforces its focus on diversifying beyond biscuits and dairy while accelerating its transformation into a global food powerhouse. Rakshit’s immediate priorities include sustaining growth in a price-sensitive market and advancing Britannia’s international expansion agenda.
Diverse Global Experience
Rakshit Hargave has more than 30 years of leadership experience across consumer goods, retail, and manufacturing in India and global markets.
Most recently, he was CEO of Birla Opus, where he led a large decorative paints launch. He set up the company from the ground up, built six greenfield plants with ₹10,000 crore in capex, and led R&D, sales, distribution, and brand work. Under his leadership, Birla Opus became the most successful consumer launch of 2024–25.
Earlier, Rakshit held senior roles at Beiersdorf AG, managing operations across ASEAN and ANZ, and served as Managing Director of NIVEA India.
His career also includes senior sales and marketing roles at Hindustan Unilever, along with experience at Kimberly-Clark Lever, Lakmé Lever, Jubilant FoodWorks, Tata Motors, and Nestlé India.
He is an alumnus of IIT Varanasi and the Faculty of Management Studies (FMS), Delhi.
About Britannia
Britannia is a 100-plus-year-old company with businesses in biscuits, bread, cakes, rusks, dairy, and snacks.
Since marking 100 years in 2018, it has led the biscuit market while adding new products and categories, moving toward its goal of becoming a global food company. It is widely recognised as a trusted employer.
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