Brand Comparison
Horlicks vs Complan
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Foreign-owned profile
Horlicks
India ownership score: 23/100
Foreign-owned profile
Complan
India ownership score: 25/100
Comparison Fit
These brands map as direct alternatives within Health Drinks.
Profile match: segment:health drinks
Ownership Insight
Horlicks is owned by Hindustan Unilever, headquartered in United Kingdom. Complan is owned by Heinz India, headquartered in United States.
Score Breakdown
Equity ownership
Horlicks: 0%
Complan: 0%
Manufacturing presence
Horlicks: 70%
Complan: 20%
Revenue retention
Horlicks: 60%
Complan: 30%
Strategic control
Horlicks: 0%
Complan: 0%
Side-by-side Details
| Feature | Horlicks | Complan |
|---|---|---|
| Country of origin | India | India |
| Headquarters | Mumbai | New Delhi |
| Founded | Unavailable | 1954 |
| Parent company | Hindustan Unilever | Heinz India |
| Parent company country | United Kingdom | United States |
| Manufacturing in India | 70% | 20% |
| Revenue retained in India | 60% | 30% |
| Ownership type | Subsidiary of Foreign Company | Indian Public Company |
| Strategic control | United Kingdom | United States |
More comparisons in Health Drinks
Indian Competitors
Foreign Competitors
Frequently Asked Questions
Is Horlicks Indian-owned?
Horlicks is foreign-controlled.
Is Complan Indian-owned?
Complan is foreign-controlled.