Havmor Elevates Premium Dairy Ice Cream Offerings with Lotte
Havmor Ice Cream, an 80-year-old Indian brand, is intensifying its focus on premium, real dairy ice cream products, leveraging the capabilities of its parent company, South Korea’s Lotte Confectionery. Acquired by Lotte in 2017 for ₹1,020 crore, Havmor has since utilized Lotte’s manufacturing prowess, research and development infrastructure, and global supply chain to enhance its […]
India’s Ice Cream Market to Grow at 14.79% CAGR by FY 2031
Come summer, and the Indian ice cream industry gears up for its biggest season of the year. With temperatures rising, consumer cravings for icy indulgences are reaching peak levels, driving innovation, expansion and strategic positioning across the market. The ice cream market in India is forecast to witness a CAGR of 14.79 per cent during […]
LOTTE Confectionary to invest INR 450 crores in Havmor Ice Cream
Havmor Ice Cream, one of India’s the most loved and trusted Ice Cream brand and a subsidiary of the South Korean company LOTTE Confectionary , has committed to invest INR450 crores over 5 years. This investment comes four years after LOTTE Confectionery acquired Havmor Ice Cream for INR1000 crores in December 2017. Havmor Ice Cream […]