Lotte to invest Rs 400 cr in new Havmor ice-cream factory; Also plans to launch localised version of popular confectionery products

The move is part of Lotte's strategic initiative, One India, that aims to enhance Lotte’s brand presence and secure growth momentum in the Indian Confectionery and ice cream market. (Image: Brooke Lark via Unsplash)

Lotte Wellfood announced plans to merge its Indian subsidiary Lotte India and Havmor Ice Cream. It also plans to set up a new ice-cream production facility for Havmor with an investment of Rs 400 crore in Pune.

Pamela Forbus joins Mondelēz International as SVP, Global Chief of Insights and Analytics

In her previous role, Forbus led as Executive Leadership Team member, SVP, and CMO of Pernod-Ricard USA.

Pamela Forbus’s longest stint was her 17-year career at PepsiCo, where she held numerous leadership roles, refining, and executing the new demand science approach to marketing and consumer insights across PepsiCo’s top 30 global markets.

RC Bhargava says Maruti will never forget needs of Indians who cannot afford expensive cars

"We have believed that the company will benefit most if, while enhancing its competitiveness, the economic and social needs of society are also met to the maximum extent possible," Bhargava said in the auto major's annual report.

“We have believed that the company will benefit most if, while enhancing its competitiveness, the economic and social needs of society are also met to the maximum extent possible,” said RC Bhargava, chairman, Maruti Suzuki India Limited.