Idhayam (brand)

Idhayam
Industry Manufacturing
Founded 1986
Founder V.V.V. Rajendran
Headquarters Virudunagar, Tamil Nadu, India
Products Sesame oil
Revenue Increase₹11,900 million (US$170 million) (2017)
Increase₹3,600 million (US$50 million) (2017)
Number of employees
 2,300
Website Official website

Idhayam ( pronunciation ) is a sesame oil brand produced by Idhayam Group of Companies. The company was founded in December 1986 by V. V. V. Rajendran, however, soon thereafter, his sons V. R. Muthu, V. R. Sathyam and V. R. Thendral began to manage the operations of the company. V. R. Muthu is the current CEO of the company.[1][2]


The company started producing and marketing Mantra groundnut oil from year 2006 starting in Tamil Nadu. It also has introduce the Mantra Brand in Kerala and Andhra Pradesh.[3] Today the company sells its Sesame and other oil brands in all indian states and exports to 49 Countries generating an annual revenue of Rs.1,190 Crores. The Company is the fastest growing oil brand in Ijndia, with a market share of 90% in Sesame Oil and 70% in Groundnut oil.[4][5][6]

References

  1. ↑ "TimesofIndia article retrieved from Idhayam official website". Timesofindia.
  2. ↑ "Mr V.R. Muthu, CEO, Idhayam Group of Companies, Virudhunagar". The Hindu Business Line. 30 January 2009.
  3. ↑ "Idhayam diversifying into branded groundnut oil". The Hindu Business Line. 12 November 2006.
  4. ↑ "The toil for oil - The Hindu"
  5. ↑ "The other oil: How a product almost entirely imported has defied food inflation - The Indian Express"
  6. ↑ "ndian Sesame Oil Industry Outlook 2017-2022 - Research and Markets"
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