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Mondelez India expects some pockets of Covid disruption in India

Addressing investors during a concall, Chairman and CEO Dirk Van de Put said while India had delivered double-digit sales growth in the March quarter, concerns over rising Covid-19 cases remained

Dirk Van de Put, Global chairman & CEO, Mondelez
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Dirk Van de Put, chairman & CEO, Mondelez

Viveat Susan Pinto Mumbai
Confectionary major Mondelez on Wednesday said it expected some pockets of disruption in India, amongst its key markets, because of the surge in Covid-19 cases over the past one-and-a-half months. The firm, which follows a January-December accounting calendar, is best known for chocolate brand Cadbury and biscuit label Oreo in India.
 
Addressing investors during a concall, Chairman and Chief Executive Officer Dirk Van de Put said while India had delivered double-digit sales growth in the March quarter, concerns over rising Covid-19 cases remained.
 
“India delivered extraordinary gro­wth underpinned by great execution and robust consu­mption in chocolates and biscuits