One sometimes wonders how in a nation that is famous for its varied food, a relatively simple snack like the biscuit ever gained prominence. Credit goes to Britannia for a marketing revolution. Starting life armed with a few good recipes and Rs 295 (US $7) as capital in 1892's Kolkata, its network has widened to include India's big cities and regions including Bangalore, New Delhi, Mumbai, Chennai and Uttaranchal. Today, Britannia Industries Ltd exports its products to over 55 countries around the world. The fact that the company closed the last quarter of 2007 with a net profit of Rs 45 crore (US $1.1 million) reflects that it has come a long way indeed.

Managing Director Vinita Bali says of the company's performance, "BIL achieved a growth of 16 per cent in the quarter and industry growth of 12 per cent in an extremely competitive environment. Simultaneously, we improved margin, due to higher price realisation and continued focus on operational efficiencies. Investment in advertising and sales promotion increased by 70 per cent to support our brand building initiatives." The 90s and 2000s have seen the company step up its ambition and collect several accolades. In 1997 Britannia adopted the corporate mantra 'Eat Healthy, Think Better', and correspondingly has also changed the formulation of all its biscuits to 'Zero Transfat'. So much for the spread sheets, forecasts and pie charts. At the heart of Britannia's business, however are intangibles like goodness, happiness, enjoyment, sharing…That perhaps is why the company has partnered the Andhra Pradesh government's midday meal scheme, which hands out iron-fortified Tiger biscuits to supplement the meals of lakhs of underprivileged school children in Hyderabad. A company grows. It diversifies. Market share goes up. The export market widens. Profits gallop. At the end of the day however, things do not change all that much. The business is still about putting smiles on faces.