 "Hershey")
The Hershey Company, fourth-largest confectioner maker in the world, is stepping up its India presence. The $7.4-billion (Rs 48,000-crore) entity has been here for nine years, four of which were with Godrej Group in a joint venture (JV). It would, the Pennsylvania-headquartered company said, introduce some of its global brands here, besides increasing its manufacturing base.
It has five big brands in its portfolio, beside the flagship Hershey’s — Kisses, Reese’s, Jolly Rancher and Ice Breakers. Of these, Hershey’s syrups, spreads and milkshakes, as well as Jolly Rancher lollypops, are already in India.
Praveen Jakate, chairman and managing director of
