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Lotte Wellfood to invest $300 mn in India for capacity, supply chain growth
The merger of Lotte India and Havmor Ice Cream India to be completed in March
Lotte planning to invest Rs 550 cr to expand ice cream business in India
The company plans to develop a state-of-the-art manufacturing plant in Maharashtra's Pune district which is expected to become operational by June 2024
South Korea's Lotte to invest Rs 450 cr in Indian unit Havmor Ice Cream
Money will be used for new production facility in Maharashtra
Lotte Confectionary to invest Rs 450 cr in Havmor Ice Cream in 5 years
Its Talegaon plant would be operational by the fourth quarter of 2024, in which Lottee range of premium ice cream would be manufactured
South Korea's Lotte buys Havmor Ice Cream for Rs 1,020 crore
Havmor makes 150 products from its two plants and has around 30,000 dealers
Post $10.2-bn Lotte Confectionery takeover, Havmor streamlines logistics
The home-grown ice cream brand is paring down its distribution network as it nurtures a pan-India ambition
Havmor prepares for the next big leap with Lotte
The South Korean major, best known as a confectioner, will use its latest acquisition to make inroads into a new category in India
