Cadbury India to launch Oreo cookies, enters biscuit market
Cadbury India will launch Oreo cookies, a billion dollar brand owned by its US-based parent Kraft Foods, as it looks to gatecrash into Rs 13K cr biscuits market.
In a suit filed in the Delhi High Court, Kraft said Britannia’s Treat-O biscuit is a copy of its cream-filled sandwich cookies. The US firm also sought an injunction to prevent Britannia from manufacturing, selling, marketing or advertising any product with any distinctive element of Oreo cookies. Britannia is expected to file its response next month. Oreo is present in the Indian market through the import route, but hardly had sales traction due to its premium sticker price.
But now, Kraft has slashed its price tag to Rs 5 for 3 biscuits; Rs 10 for 7 biscuits; and Rs 20 for 14 biscuits so that it is within the reach of a wider consumer base. Yet it won’t be easy for the world’s largest selling biscuit to attract price-obsessed Indian consumers, feel industry experts.
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