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LOCAL CONFECTIONERY INNOVATION
Reliance Consumer Products to bring Finnish Fazer’s chocolates to IndiaReliance Consumer Products Limited has partnered with Finland's Fazer to produce, market, and distribute premium chocolates in India. This ...- When chocolate turns costly, India picks candy: Local players dent giants like Mars, Mondelez & Hershey amid cocoa price surgeMajor global candy makers saw their slowest India sales in years during FY25. Record cocoa prices forced price increases, pushing shoppers ...
- Parle revenue grows 8.5 pc to Rs 15,568.49 cr in FY25; Britannia maintains lead in biscuit marketParle Products saw revenue rise in FY25, though profits fell. Britannia Industries remains India's top biscuit maker. Mondelez India's reve...
- Britannia Industries reports strong demand growth in rural and urban marketsBritannia Industries witnessed a surge in demand across both rural and urban markets, with the Hindi belt showing exceptional growth, leadi...
- India key driver of future growth for Nestle: Suresh NarayananNestle views India as a key growth driver due to its economic and political stability, large consumption basket, and high consumer resonanc...
- Cargill inaugurates new corn milling plantThis facility will enhance supply chain efficiencies and support industry growth, aligning with the 'Make in India' vision.
- Mondelez signs agreement with Lotus to make and sell Biscoff in IndiaMondelez partners with Lotus Bakeries to produce and market Biscoff biscuits in India, leveraging its vast distribution network. This move ...
- Orion India announces expansion of Korean snacks portfolioOrion India, a subsidiary of South Korea’s Orion Holdings, is expanding its Indian snacks portfolio by introducing new products and increas...
- 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...
- Ambani's cola-to-biscuit market dominance rush is coming at a painful cost for distributors"This competition between large companies with lower consumer prices and promotions directly hurts the margins of lakhs of distributors," D...
- Perfetti Van Melle partners with actyv.ai to drive digital maturity and growth across its business partner ecosystem
- PLI Scheme: Perfect recipe to boost economic growth of Indian food processing industryGovernment has taken steps in its endeavour to promote 'Make in India', by covering only those products, for incentivisation, whose end to ...
- 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...
- Global candy giants Mondelez, Nestle hike prices, feel the crush of domestic rivalsGlobal firms such as Perfetti Van Melle, Mondelez and Nestle either remained stagnant or lost share last calendar year, hurt by higher pric...
- Global consumer goods companies push for localisation to fight domestic competition“There are many Indias in India. Each of them needs to be served differently,” Nestle India chairman Suresh Narayanan said.
- Global Consumer Products launches chocolate brandLuvit chocolates will compete with brands such as Cadbury from Mondelez International and Nestle’s KitKat.
- Strategy of selling premium products in niche areas helps Ferrero double salesFerrero India posted a 68% rise in sales at 575 crore during the year-ended August 2013, against Cadbury and Nestle's growth in low teens, ...
- Aspirational goods to drive FMCG growth: StudyKOLKATA: Aspirational products such as chocolates, cold cream, fragrances and breakfast cereals will drive the future of the consumer produ...
- Now, ice-cream parlours take on cafesParlours are paying more attention to ambience and seating to appear as hang-outs rather than take-away joints. Basics of customer service
- 'Real growth will always be at the bottom of the pyramid'“While the FMCG market is growing faster than GDP, overall consumer spends in the category, as a percentage of consumers’ income, are going...
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