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Chocolate prices are likely to go up in India as its key ingredients – cocoa and its products – have become costly. Global cocoa prices have increased 28% over the past year and are set to climb further following a crisis in West Africa, the top producing region....
Nearly eight years after entering India, Italian chocolate maker Ferrero India, the maker of Kinder Joy chocolates and Nutella chocolate-hazelnut spread, posted revenues of Rs 929 crore during the seven months ended March 2015. The company changed its accounting year from August in 2014. Nestle’s chocolate division, which...
Confectionery maker Mars International on Wednesday said it is launching the world's biggest confectionery brand M&M's in the country. Mars' top selling brand across markets, M&M's which tops sales of over a billion dollars, will add to the company's domestic portfolio which includes Mars, Snickers, Galaxy and Bounty....
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