Orkla India Limited, a subsidiary of Norway-listed Orkla ASA, is a leading multi-category Indian food company with a rich heritage that dates back several decades. Originally established as MTR Foods Limited in 1996, the company underwent name changes and restructuring, culminating in its current form in 2025. Orkla India specializes in Spices and Convenience Foods, offering a diverse range of products for breakfast, lunch, snacks, dinner, beverages, and desserts.
The company’s flagship brands, MTR and Eastern, underscore its strong presence in the Indian market. MTR, founded in 1924, holds a prominent position in the processed and packaged foods segment with products such as Gulab Jamun mix, Rava Idli mix, and Dosa mix. Eastern, established in 1983, complements the portfolio with authentic South Indian spices and flavors, particularly focusing on Kerala cuisine. Orkla India acquired a majority 67.82% stake in Eastern Condiments in 2021 and finalized its amalgamation with the subsidiary in FY 2023.
Orkla India’s product portfolio in Spices includes a variety of pure and blended spices such as Turmeric, Coriander, Sambar Masala, and Chicken Masala. Its Convenience Foods segment simplifies cooking with ready-to-use products like 3-Minute Poha and instant mixes. The company also serves international markets by catering to the Indian diaspora seeking authentic South Indian flavors.
Orkla India's strategic alignment with Orkla ASA's focus on branded consumer goods and strong global presence bolsters its growth prospects. The company is planning its initial public offering (IPO) to issue 22,843,004 equity shares with a face value of Re 1/- each through an offer for sale, providing an opportunity for investors to participate in this promising player in the Indian food sector.
