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CONFECTIONERY FIRM
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...
Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
DS Group eyes Rs 5,000 crore sales from confectionery business in 5 yearsDharampal Satyapal Group targets Rs 5,000 crore revenue in five years from their confectionery business. It surpassed Rs 1,000 crore in 202...
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...
We have stepped up our communication strategy and connect with the leadership: Ritu Kochhar, head of HR at Perfetti Van Melle IndiaKochhar says the confectionery firm is focusing on driving employee engagement, health and wellness, as it adapts to the work-from-home mod...
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...
Chocolate makers lose some appeal in a ‘slowing’ IndiaMondelez, India’s largest chocolate maker, and Nestle’s chocolate division saw sales rise by about 6% each in the year ended March 2017
Prices of soft drinks to increase 5-10%Rs 22,000-crore soft drinks industry is likely to be the hardest hit as the increase in taxes comes at a time when firms' capacity utilisat...
Ex-business head of Mars India MV Natarajan to join VLCCNatarajan, who moves from heading confectionery maker Wrigley's operations in India, will take up his new assignment at the wellness firm i...
DS Group expects confectionery business turnover to double in FY14The Noida-based company had earmarked a total investment of Rs 150 crore in the confectionery business for 2012 and 2013.
Slowdown makes candies, toffees sweeter than chocolateThe slowdown in Indian consumers’ discretionary spend is impacting chocolate sales, but it hasn’t changed people’s love for “meetha”.
- Dharampal Satyapal Group to invest Rs 65 crore on new milk-based powdered drink brand 'Yomil'
The company, which had forayed into the powdered beverages segment with 'Piyoz' brand in June this year, is expanding its powdered beverage...
- Union Budget 2011: Consumer goods firms may pass on duty change to customers
Candymakers such as Parle Agro and Perfetti Van Melle that make 'Alpenliebe' and 'Big Babol' have expressed concern over the hike saying th...
- Kraft appoints bankers to sell Cadbury businesses: Report
Kraft Foods has hired bankers HSBC and BNP Paribas to sell the Polish and Romanian businesses of Cadbury, paving way for the American confe...
- ITC plans to enter UAE food market through partnership: Report
ITC, a multi business conglomerate, is planning to enter the food market of the UAE and the Gulf Cooperation Council (GCC) through a partne...
- Lotte India to delist from bourses
Lotte India Corp Ltd, previously known as Parrys Confectionery Ltd, today said it will delist from all stock exchanges of the country.
- Nutrine may chew on mint & gum market
Nutrine, which was recently acquired by Godrej Hershey Foods and Beverages (the erstwhile Godrej Beverages and Foods), is mulling an entry ...
- Cadbury looks beyond chocolate
Cadbury is importing big brands from its global portfolio to prop up its sugar confectionery sales.
- Ministry plans flat tax on food items
Come next year, your bowl of soup could be attracting the same tax as the rasam.
- Godrej Foods set to acquire Nutrine for Rs 270 crore
Godrej Foods and Beverages, the foods unit carved out of two other Godrej group companies, is set to buy Nutrine Confectionery for about Rs...