Britannia's New MD Rakshit Hargave Flattens Hierarchy, Fosters Open Culture

• Rakshit Hargave takes charge as Britannia's new MD & CEO, replacing Varun Berry, and pledges to implement a non-hierarchical, open, and approachable work culture.
• Hargave plans to be accessible to all staff levels and travel extensively across markets and manufacturing plants to connect with employees.
• Subhashis Basu joins as Chief Business Officer for dairy and will also lead Britannia's joint venture with France’s Bel SA for cheese products.
• Varun Berry, who stepped down after 13 years, is credited with Britannia's significant turnaround, tripling profit margins and expanding into new categories like cheese and dairy.
• Britannia aims for future growth through innovation, global expansion, cost efficiencies, and addressing intensifying competition from regional and digital-first brands.

Why It Matters: Britannia's new MD Hargave ushers in an open culture and strategic growth focus after Berry's successful tenure.