Ice cream
Food & Beverage
India ice cream market expected to touch Rs 45,000 cr in next 3 years: IICMA
PTI -
Though seasonal in nature, the market has witnessed huge growth helped by rise in disposable incomes, changing consumer preferences, and expanding distribution channelsNew Delhi: The Indian ice cream market has grown four-fold in the last decade and is expected...
Food & Beverage
Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26
Ankit Chona, Founder and Managing Director of HOCCO, delves into the company’s revenue model, growth strategies, and vision for the future…Bengaluru: HOCCO (House of Chonas Collaborative), the Ahmedabad-based ice cream and quick-service restaurant (QSR) chain, boasts a rich legacy...
Food & Beverage
Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26
Ankit Chona, Founder and Managing Director of HOCCO, delves into the company’s revenue model, growth strategies, and vision for the future…Bengaluru: HOCCO (House of Chonas Collaborative), the Ahmedabad-based ice cream and quick-service restaurant (QSR) chain, boasts a rich legacy...
FMCG
HUL incorporates new subsidiary Kwality Wall’s for ice cream biz
PTI -
HUL will own 100 per cent of the issued and subscribed share capital of Kwality WallNew Delhi: FMCG major HUL on Friday said it has incorporated a new subsidiary Kwality Wall's for the proposed demerger of the ice cream...
Food & Beverage
Naturals Ice Cream eyes scooping Rs 500 crore revenue by FY27, touch 200 stores by FY25
Currently, the over 40-year-old brand, operates more than 170 outlets across 15 states in IndiaBengaluru: Mumbai-based ice cream brand Naturals Ice Cream, owned by Kamaths Ourtimes Ice Creams, plans to operate more than 200 stores by the end of...
FMCG
HUL Board approves demerger of ice cream business into an independent listed entity
PTI -
The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...
FMCG
HUL to separate ice cream business, does independent valuation
PTI -
The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
Food & Beverage
Softy ice cream mix not dairy produce, attracts 18% GST: AAR
PTI -
AMRG & Associates senior partner Rajat Mohan, said the ruling emphasised that the product's major ingredient is sugar, not milk solids, making it a processed food preparation rather than a dairy-based product.New Delhi: Softy ice cream mix in vanilla...
Latest News
Mother Dairy expects 30% demand surge this summer for milk products: MD Manish Bandlish
PTI -
Currently, the company has nine company-owned dairy processing plants with a total capacity of more than 50 lakh litres per dayNew Delhi: Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as...
Latest News
Evaluating various future options for ice cream business in India, says HUL
PTI -
The company intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs.New Delhi: Hindustan Unilever on Tuesday said it is...
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Non-Essentials Delivered at Quick-Commerce Speeds: Will it work?
As Q-commerce races beyond groceries into the realm of non-essentials, the industry stands divided on whether these items truly...
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