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LOTTE CONFECTIONARY
Lottee to invest Rs 450 cr in Havmor Ice Cream in 5 yrs; to boost manufacturing capacityLotte Confectionary, which acquired Havmor Ice Cream for Rs 1,000 crore in December 2017, has positioned the home-grown brand in the mass a...- Lottee Confectionary to invest Rs 450 cr in Havmor Ice Cream in 5 years; to enhance manufacturing capacityLotte sees India as a strategic market, with headroom to grow consumption is large given that the per capita consumption of ice creams is l...
- UPI, inflation and OTT are making toffee makers sweatThe past few years have been especially tough for confectionary companies. But they are now learning to fight new-age battles.
- Lotte India relaunches its iconic coffee toffee brandThe Chennai-based company has rolled out a targeted nationwide marketing campaign for the coffee toffee’s comeback 'Coffy Bite' to stay rel...
- HUL to acquire Karnataka based ice-cream brand AdityaaHUL seeks a larger slice of the market that is gradually seeing local or family owned brands selling out to multinationals.
- How Indian ice cream brands are adopting coolest strategies as competition heats upThe $1.5-billion domestic ice cream industry is now serious business, with popular homegrown brands showing up on the big boys’ radar.
- Parle eyes confectionary business againThe Rs 10,000 crore organised confectionary market, currently growing at 12%, has the potential to grow at 15-20% because the category rema...
- Global price slump to boost Cocoa importIndian chocolate companies get a breather on their shopping bill overseas for cocoa as global prices drop on the back of higher sales from ...
- Tainted milk crisis hits more global companiesSnackers, beware: Your favorite chocolate or creamy treats might contain milk contaminated with melamine.
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