LOTTE India Corporation on Wednesday announced the appointment of Debabrata Mukherjee as Managing Director for its Havmor Ice Cream business. Mukherjee will head the Ice Cream Division under Havmor Ice Cream, according to a statement issued by Lotte India Corporation. Lotte India Corporation is part of South Korean multinational food company Lotte Wellfood Co. In his new role, Mukherjee will lead the strategic direction and business growth of LOTTE India's ice cream portfolio, steering innovation and expansion for Havmor Ice Cream, the company said. Mukherjee has over three decades of experience in leadership, business strategy, marketing and innovation. Prior to this, he served as the Managing Director and CEO of Bata Shoe Company (Bangladesh) Ltd. He has also held senior leadership roles at The Coca-Cola Company across India, South Korea, and South-West Asia for 20 years. Lotte India Corporation, already well recognised in India for its iconic Choco Pie and candy portfolio, and
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The merger of Lotte India and Havmor Ice Cream India to be completed in March
This expansion will help extend the company's regional coverage from the west to the south-central regions of 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
Money will be used for new production facility in Maharashtra
The carts will be located at 100 locations across Delhi and NCR, which can also be located via Google MyMap.
With a group turnover of Rs 450 cr, company is currently valued at Rs 1000 cr
The ice cream brand is stepping into five new states, using a premiumisation strategy to go national