Britannia Industries, a top food company in India, has named Rakshit Hargave as its new Chief Executive Officer (CEO) and Executive Director. His appointment, effective December 15, 2025, was approved by the Board of Directors on Wednesday.
A regulatory filing states that Hargave will serve as Additional Whole-Time Director and CEO for five years, pending shareholder approval. The company has started a Postal Ballot to confirm his appointment before he begins.
Rakshit Hargave’s Experience
Rakshit Hargave has extensive leadership experience in consumer goods and FMCG, both in India and internationally. Before joining Britannia, he was CEO of Birla Opus, the paints division of Aditya Birla Group.
He also held senior leadership roles at Beiersdorf, the German company behind NIVEA, managing operations in ASEAN, ANZ, and Africa. As Managing Director of NIVEA India, he helped grow the brand in a competitive skincare market.
During his 30-year career, Hargave has worked with several respected organizations, including:
- Hindustan Unilever Limited (HUL) – Sales & Marketing Director
- Kimberly Clark Lever – Senior leadership role in marketing
- Lakme Lever – Chief Operating Officer
- Jubilant FoodWorks – Strategic leadership role in the quick-service restaurant segment
- Nestlé India and Tata Motors – Early career foundations in engineering and marketing
Hargave graduated from the Faculty of Management Studies (FMS), Delhi, and the Indian Institute of Technology (IIT), Varanasi. He brings strong academic and industry experience.
Britannia’s decision shows its trust in Hargave to guide the company’s next stage of growth. He is known for being results-driven, strategic, and focused on people, and is expected to help drive innovation, brand growth, and global competitiveness.
Recently, Britannia has worked to strengthen its core bakery business, expand into new product categories, and control costs to stay profitable. The company’s Q2 profit rose 23.2% to ₹655 crore, thanks to efficiency and higher sales volume.
We are sure Rakshit Hargave’s diverse experience across FMCG, retail, and global markets positions are well-suited to guide the company’s strategic transformation. Industry experts expect his leadership to focus on product innovation, sustainability, and global expansion, aligning with Britannia’s mission to deliver high-quality, trusted food products to consumers worldwide.
With Hargave stepping in as CEO and Executive Director, Britannia looks poised to begin a new chapter of growth, innovation, and excellence in India’s dynamic FMCG industry.
