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KALPESH PARMAR
Catch you later, Snickers? Execs unwrap exit plans at Mars India ahead of Kellanova mergerMars Wrigley India is experiencing leadership changes and uncertainty among executives due to its upcoming global merger with Kellanova. Se...
Small-size sugar rush carries revenue to record in FY23The sales of candies, toffees, and chewing gum bars in India broke records in the fiscal year 2022, reaching almost 40 billion units and gr...
Mars Wrigley elevates Kalpesh Parmar as GM Asia; announces Tamer Kadry as India headAfter leading the India business for three years with double-digit growth, Kaplesh Parmar will lead the company’s Asia business with immedi...
Essentials get costlier as local output dipsA fall in domestic production, strong export demand, lag time in offloading the central pool of wheat stocks and supply constraints have le...
India is among fastest growing markets for Mars Wrigley: Kalpesh R Parmar"There is a resurgence around India; some of the larger economies are facing tougher headwinds. If companies want to exist for the next few...
Tax slab rejig could help bolster disposable income, boosting consumption across segments: FMCG cos"Without being populist, it has been responsible and pragmatic to encourage investment and boost economic growth. With the rejigging of tax...
Budget to fuel consumption; positive specially for mid-income consumers across 2 and 3 tier markets“The budget will push and revive demand growth in both urban and rural markets that will in turn drive the Indian economy,” said Kalpesh Pa...
Convenience food, premium packs countering FMCG slideThe movement is similar to that of lifestyle products in the consumer durables segment, where demand for mass-priced merchandise is under p...
Focus on shoppers in Bharat: Mars Inc global chief tells India unitThe India unit of Mars Wrigley is the fastest growing market for the company within its emerging markets businesses. Weihrauch, who took ov...
Premium pack sales growing amid inflationWhile market conditions have improved in the last quarter, demand pick-up is in cities and for premium packs, with inflation continuing to ...
Indians lapping up festive gift packsTo prevent stock-outs, executives said they are stepping up supplies across channels and are pushing new launches to feed demand that's bea...
As Omicron fear goes viral again, companies bring back travel curbsThese measures come at a time when the Indian economy is showing signs of recovery. Most companies do their financial and strategic plannin...
Mars begins local production of its Galaxy chocolatesThe Indian unit of the $35 billion confectionery and snacking company which makes Galaxy, Snickers, Twix, Bounty and M&Ms is straddling its...
More employees back to feeling at home in officeThe sectors where the majority of employees are likely to return to office sooner than the rest include financial institutions, engineering...
Mars Wrigley gets 3 women in India leadership teamThey are Richa Singh, chief financial officer, Shahine Ardeshir, director – people and organisation, and Sunita Patnaik, director – corpora...
Mars Wrigley readies rural push, healthier product lineMultinational manufacturer of confectionery, Mars Wrigley has envisioned to transform itself int a treat & snacks company. It has planned t...
Big rise in cases driven by religious festivities, state elections and probably some fatigue in India - Mondelez"We have seen near the end of the quarter and then into the second quarter, big rise in cases driven by religious festivities, state electi...
Mars India unit in caution mode for 3-6 monthsThe Indian unit of Mars Inc, the company behind Snickers and Wrigley, said it will be cautious in the next three to six months in the count...
Maharashtra Covid curbs may hit suppliesManufacturers want more trucks now to immediately ship their finished-goods inventories out of the factories in Maharashtra to various part...
Brands bring the premium down to keep demand ticking in peak festive seasonCompanies such as Tanishq are launching light-weight jewellery to make it more affordable. In alco-beverage segment, several companies have...