- Business
- AWL Agri Business Ltd, formerly Adani Wilmar Limited, is an India-based food and fast-moving consumer goods company that produces, refines, and markets a diverse portfolio of kitchen staples and industrial products including edible oils such as soyabean, palm, sunflower, rice bran, mustard, groundnut, cottonseed, and blended oils under brands like Fortune; wheat flour or atta; rice including the Kohinoor brand; pulses; sugar; specialty fats comprising industrial margarine, bakery shortenings, vanaspati, and lauric fats for ice cream and confectionery; castor oil derivatives; oleochemicals; value-added soya products; and home and personal care items such as soaps, handwashes, and multipurpose cleaners. The company operates over 70 state-of-the-art manufacturing facilities across India, including the largest integrated food complex at Gohana in Haryana and the largest port-based refinery at Mundra in Gujarat; serves retail households reaching 123 million consumers through a network of 10,000 distributors and 2.1 million outlets; supplies HoReCa, institutional, and B2B sectors with large-volume staples, bakery fats, and ingredients; and exports to over 50 countries including the Middle East, Southeast Asia, Africa, the United States, and Canada. Founded in 1999 as a joint venture between Adani Enterprises and Wilmar International and headquartered in Ahmedabad, Gujarat, AWL Agri Business maintains leadership as India's largest processor of palm oil, lauric fats, and castor oil while expanding its FMCG presence; recent developments include the rebranding from Adani Wilmar Limited in March 2025 following Adani Enterprises' exit from the joint venture, Wilmar International's subsidiary increasing its stake to become the majority shareholder with up to 63.94% ownership through acquisitions of 13% and additional shares from Adani totaling around $860 million, and key prior expansions such as the 2022 acquisition of Kohinoor rice and the Tops brand from GD Foods.