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...
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...
Lotte Confectionery seeks 5% of its global revenues from IndiaFounded by Satish Chandra Chona in Karachi in 1944, Havmor had to wind up and cross the border within three years following the partition. ...
South Korea's Lotte Confectionery to buy Havmor's ice cream business for Rs 1,020 croreAhmedabad-based Havmor has a significant parlour network across 14 states in India. It makes 150 kinds of products from two plants and sell...
Modi's Make in India may get $6 billion cheque from Lotte, PeugeotModi’s plan encourages foreign firms to manufacture locally by offering easier land acquisition, pruning the number of approvals and, in so...
Lotte’s feuding brothers are brought together by their motherLotte Group has been spinning off chunks into publicly held companies, including Lotte Shopping, Lotte Chemical and Lotte Confectionery.
Lotte India to invest Rs 300 crore in HaryanaLotte India Corporation Ltd, a subsidiary of Lotte Confectionery Company Ltd of Korea, will invest a sum of Rs 300 crore at IMT Rohtak.
- South Korea's Lotte Shopping abandons plan to start cash-and-carry venture in India
South Korea's Lotte Shopping, which runs department and discount stores stores and cinemas, has abandoned plan to start a cash-and-carry ve...
- Global price slump to boost Cocoa import
Indian chocolate companies get a breather on their shopping bill overseas for cocoa as global prices drop on the back of higher sales from ...
- Lotte setting up Rs 200 cr plant near Chennai
Korean major, Lotte Foods to invest Rs 200 cr on a greenfield confectionery plant in TN.
- Fichtner India gets Lotte, South Korea, contract
Fichtner Consulting Engineers, Chennai, has signed a contract with Lotte Engineering & construction company, South Korea.
- 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.
- Lotte setting up separate arm
Korean confectionery major Lotte is setting up a separate wholly-owned subsidiary in India, which would operate parallel to its existing pu...
- Arch rival Lotte Mart may chase Wal-Mart in India
Wal-Mart will not get a respite from its Korean nightmare just yet. Discount store chain Lotte Mart, which played a role in elbowing out Wa...
- Lotte India acquires 22 acres land in Chennai
Lotte India Corporation Ltd, formerly known as Parrys Confectionery Ltd, on Wednesday said it has acquired land measuring 21.52 acres in th...
- Godrej gamble
Godrej Foods and Beverages’ acquisition of Nutrine gives it a strong brand to enter the confectionery market, which is otherwise a rather t...