Lotte Wellfood Co., a South Korean confectionary company, said Wednesday it has completed construction of its first overseas ...

Lotte Wellfood announced the establishment of a new production line in Haryana, India to produce Lotte Pepero. The company plans to expand its investments in the Indian market and target over 20% ...

Lotte’s product portfolio includes Lotte Choco pie, confectionery and Havmor ice cream in India. “We have a roadmap of 3 to 5 years. We are looking for an additional investment of $300 million.

Lotte India’s sales marked 103.4 billion won in 2023, up from 92.9 billion won in 2022. In 2017, Lotte Wellfood acquired Havmor Ice Cream, which reported sales of 165.6 billion won last year.

Lotte India: Lotte, which opened an ice cream manufacturing facility in Pune for its Havmor business, has plans to launch 'Pepero', its famous chocolate-coated biscuit stick, said Lotte Wellfood ...

— Deepak Shenoy (@deepakshenoy) October 14, 2022 Lotte India is best known for manufacturing Choco Pie, Coffy Bite, Lotte Eclairs and Lacto King.. In its 67th annual report, the company said ...

Lotte Wellfood plans a $300-million investment in India, expanding its ice-cream and confectionery business. The company will merge its local units, launch Pepero biscuits, and use India as an ...

Lotte India has invested ₹185 crore in the expansion of the confectionery factory to increase production of its Lotte Choco Pie products. SENSEX 81,361.87 -82.79. NIFTY 24,793.25 -18.80 ...

Lotte India and Havmor announce merger to strengthen market share in Indian confectionery and ice cream With this merger, the integrated entity will aim to achieve an annual sales of 1 Trillion ...

The unified Lotte India entity aims to secure a virtuous financial structure and achieve annual sales of 1 Trillion KRW (approx. Rs 6000 crore) through aggressive investments for future growth.

Lotte to enter snacks segment; to invest USD 300 million in next 5 years in India Lotte, which opened an ice cream manufacturing facility in Pune for its Havmor business, has plans to launch ...

According to Yi, India's ice cream market is small in comparison to other countries, but it has "tremendous opportunity" as it scales up. On being asked about the next phase of investment in India, Yi ...