Cadbury india share price

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Cadbury india share price

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The chocolate maker will expand capacity at its manufacturing facilities, build more warehousing capacity and augment cold-chain facilities such as refrigerators so its chocolates and cookies reach more households. The investment is among the largest such announced by the maker of Dairy Milk chocolates. India remains a priority market for the maker of Oreo cookies, Cadbury Dairy Milk and Toblerone chocolates, Iyer said. Investments will go into expanding capacity at existing factories, warehousing and logistics associated with factories, and augmenting its route-to-market including investments in cold chain to reach rural markets, via chillers and refrigerators. This investment is in addition to any other investments we continue to make on our brands, advertising and media," he said. The company draws a majority of its business from chocolate brands such as Cadbury Dairy Milk, Cadbury 5Star, and Perk; while the remainder comes from powdered beverages such as Tang and Bournvita apart from biscuits such as Cadbury Oreo and Bournvita. Iyer said investments would be diverted towards ramping up production of all categories. We are growing consumption across these three categories, a lot of this investment will be across all the categories," he added. Investments come at a time when demand for packaged foods remains on an upswing, albeit impacted by high inflation that is eating into household budgets. Some of it is also being used as meal replacement.

Cadbury india share price

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The Estimates data displayed by Moneycontrol is not a recommendation to buy or sell any securities.

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