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CHOCOLATE AND CONFECTIONERY MAJOR
India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explainedIndia's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98...- India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
- India becomes largest market for KitKat globally for NestleIndia is now the world's biggest market for KitKat. This iconic chocolate wafer bar has seen accelerated growth. Nestle India attributes th...
- Snack companies can't break free from sugar yetIndian snack companies face challenges in reducing sugar content. Consumers, especially teenagers and parents, desire low-sugar and high-pr...
- Cargill to partner with Indian firm for chocolate plantIndustry estimates the market size of chocolate in the confectionery sector alone to be 260,000 tonnes.
- Ferrero aims Rs 2,000 crore investment, to double distribution networkFerrero, which has brands like Ferrero Rocher, Kinder, Tic Tac and Nutella, is considering to get into the affordable segment in the sugar ...
- Ferrero is said to be near deal for Nestle U.S. chocolatesFerrero, which has traditionally shied away from acquisitions, is expanding its portfolio beyond Nutella hazelnut spread, Tic Tac candies a...
- Toys bring great (Kinder) Joy to Ferrero in IndiaFerrero India makes 900 million toys, of which 270 million are used for domestic consumption and the rest are exported, either as part of K...
- Nestle to cut sugar in Milkybar by 10 per centThe chocolate market in India is estimated to be Rs 7,500 crore and Nestle has a 15 per cent market share in the same.
- Got a sweet-tooth? Mondelez India and Amazon to launch a virtual chocolate storeThe virtual store will house most of the company's chocolate portfolio.
- Cadbury's UK forces name change on Pune coCad B has changed its name to Cafe Chokolade, following a stay obtained by Cadbury’s UK from the Bombay High Court.
- Godrej Consumer rises on report it may end Hershey ventureShares of Godrej Consumer Products Ltd settled higher on the bourses today amid a media report that the household products maker may end it...
- Nestle takes majority stake in Turkish buscuit companyNestle estimated that in Turkey this segment accounted accounted for half of the total confectionery sector, valued at around 3.6 billion T...
- Confectionery major Cadbury moves key jobs to IndiaCadbury Schweppes has begun moving several international roles to the Indian terrain, identifying it as a low-cost hub for key global jobs....
- Nestle to expand chocolate portfolioSwiss FMCG major Nestle is expanding its chocolate portfolio in India with an aim to strengthen its market share in the estimated Rs 1,900-...
- India among Cadbury's top 12 global marketsThere could be a lot more sweet moments for Indian consumers.
- Ferrero to set up unit in PuneThe Italian major announced plans to set up its unit at Indapur, near Pune. The Alba, Italy based company will invest Rs 130 crore in the f...
- Mint-O Fresh overtakes ChlormintTobacco and hospitality giant ITC Ltd's big-bang entry into the foods segment has begun shaking the dominance of market leaders across cate...
- Nutrine may chew on mint & gum marketNutrine, which was recently acquired by Godrej Hershey Foods and Beverages (the erstwhile Godrej Beverages and Foods), is mulling an entry ...
- Hershey to buy Godrej BeveragesHershey is acquiring 51% equity stake in Godrej Beverages & Foods for Rs 238 crore.
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