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In India, love affair with chocolates continues

 Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery......

How Mondelez plans to boost sales of Brand Cadbury

 To lure health-conscious consumers, who prefer lower intake of sugar, Mondelez is launching a variant of its most sold product Dairy Milk bar with 30 per cent less sugar. Mondelez India, makers of......

How Cadbury keeps hitting the sweet spot

 The market share of Mondelez, which owns Cadbury, for its premium brands is way ahead of competitors, despite a stiff fight in this arena.  IMAGE: The premium segment, say experts, is around......

Investment board clears 14 FDI proposals worth Rs 1,528 crore

 FIPB has approved foreign direct investment proposals worth Rs 1,528.38 crore (Rs 15.28 billion) from 14 firms, including ACME Solar Energy and Sinclairs Hotels. The proposals were considered by......

Premium chocolates take off in India

 Higher disposable incomes and a taste for richer chocolates are ensuring a steady growth of the premium chocolate market in India. At 10 per cent of the overall Rs 2,000-crore (Rs 20-billion)......

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