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MONDELEZ INDIA EXPANSION
Global brands like Apple, Unilever hail India as top growth market in June quarterSeveral global consumer goods corporations, including prominent players like Apple and Unilever, delivered outstanding results in the June ...- Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
- Korean food startup Gimi Michi raises $1 million led by IndiaQuotientFounded by IIM Ahmedabad alumni Nishank Goyal, Akhil Kumar, and Bodhi Rathor, Gimi Michi is building a Korean food brand for the Indian mar...
- FIFA World Cup marketing spends in India may halve as brands stay awayThe FIFA World Cup has begun in India with minimal marketing buzz. Brands are hesitant due to poor match timings and late broadcast deals. ...
- Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
- Mondelez India to expand its plant in Andhra PradeshSnack company Mondelez India is expanding its manufacturing plant's capacity at Sri City in Tirupati district and Andhra Pradesh Chief Mini...
- Chocolates in demand amid stress, inflation: MondelezMondelez India, the country's biggest confectionery maker, said there has been a strong volume growth in chocolate sales, bucking the slowd...
- Global consumer companies make India one of their focus marketMondelez International global chief executive officer Dirk Van de Put said it will replicate Indian strategy on selling lower priced chocol...
- Mondelez India sales declined in April and May but now growing at mid-single digit: Global CEO"Will India go back to double-digit growth in the coming months? Maybe not, but if India delivers us a 6%, 7%, 8% topline growth, that's mo...
- Mondelez cuts sugar content in new variant of flagship brand Cadbury Dairy Milk by 30%The move is in line with Mondelez’s global commitment to reduce sugar and national food regulator FSSAI’s ‘eat right’ initiative for packag...
- Cadbury chocolate maker Mondelez engaging in unfair practice, allege distributorsAlthough Mondelez has denied all allegations, the dispute may now spill over to Delhi, Andhra Pradesh, West Bengal, Maharashtra, Haryana an...
- Global FMCG's push for higher margins to benefit Indian cos: Credit SuissePrivate equity owners delivered 800-basis-point margin expansion after they acquired Heinz.
- Mondelez names Deepak Iyer MD of India businessIyer has more than two decades of experience, mostly with beverages and snacks maker PepsiCo, and other consumer-facing companies such as M...
- Mondelez gets income-tax breaks for factory found non-existent by excise departmentIn March 2015, central excise dept found that it had tried to pass off part of its already existing factory as a second unit to claim excis...
- We create new occasions for chocolate sales: Chandramouli Venkatesan, MD, Mondelez India"We have over 20,000 new villages and have added about 500,000 new stores in these villages. There is a clear expansion programme," Venkate...
- Mondelez global CEO Irene Rosenfeld concerned over slow growth in India unitIrene Rosenfeld, global chief executive of foods major Mondelez, has raised concerns over its soft revenue expansion in India.
- Mondelez India Foods posts 64 per cent rise in PAT in 2013The company's profit after tax rose 64 per cent to Rs 498 crore, thanks to higher sales of premium chocolates such as Cadbury Dairy Milk Si...
- Cadbury investing heavily in sales to expand market in India as sales slipAlthough India is one of the fastest growing markets for chocolates, domestic sales of the commodity have fallen with consumers spending le...
- GDP falling but top executives from HUL, P&G, Pepsi and others return to India on growth hopesOver half-a-dozen top-level executives from P&G, PepsiCo, Mondelez, Coke have given up global roles to move back to India in the past 6 mon...
- Cadbury’s Andhra Pradesh unit will eventually be biggest in Asia: Daniel MyersCadbury India plans to invest at least $300 million over next three years and use India as a hub for manufacturing equipment.
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