Unibic plans aggressive expansion with slew of new product launches

Bengaluru-based cookie maker plans 2nd plant

At a time when most of the large fast-moving consumer goods (FMCG) players are going slow on new product launches because of a demand slowdown, cookie maker Unibic has set an aggressive expansion plan.

A relatively smaller player — with a top line of around Rs 500 crore — in the Rs 35,000 crore biscuit market, the Bengaluru-based company is looking at setting up a new plant, which will help it double production capability.

The company plans to set up the plant in the central part of the country, with an investment of around $12 million (Rs 87 crore). “The