Zurich-based Barry Callebaut, a $3.3 billion world leader in manufacturing cocoa, chocolate and confectionery products, is set to enter the Indian market in September this year.
Currently a ton of cocoa costs about $1,845 (1,500) at the exchange, $25,610 (20,821) at big chocolate producers like Barry Callebaut and $32,082 (26,083) in the shop.
It is not just Nestle India which has violated the regulatory and manufacturing standards leading to recall of its products.
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