Lotte India Corporation Limited came into existence
post the takeover of Parrys Confectionery from
Murugappa Group in 2004.
Lotte Confectionery, the parent company of Lotte India
is part of the Korean conglomerate, Lotte Group.
The company is a respectable player in the confectionery space with strong brands like Coffy Bite, Caramilk, Lacto King and Lotte Eclairs apart from BooProo and Spout gums.
Coffy Bite, a power brand has a history of more than 3 decades of existence. It enjoys cult status even today, courtesy the iconic “Is it a Coffee or a Toffee?...the argument continues” advertising.
Lotte India has been instrumental in creating ‘Pie’ category in India -
Lotte Choco Pie enjoys near monopoly status.
Lotte Choco Pie [100% Vegetarian] enjoys great patronage with
all consumer age groups - offering a multi-textural eat experience.
The company has earmarked huge plans for growing
the pie category in India.
With 26 CFAs and 4 regional offices, Lotte India’s products reach out to over a million retail
outlets through 2000+ distributors spread across the country.
Apart from the two state-of-the-art, fully automated Choco Pie facilities in Chennai and Rohtak,
Lotte India has its own confectionery manufacturing unit in Nellikuppam (near Pondicherry).
Additionally, the company outsources its confectionery manufacture to three other units spread
Lotte India aspires to achieve leadership status in all categories it operates in.
Founded by Mr. Shin Kyu-kho, the twin head quartered Lotte Group was first established in 1948 in Japan as a confectionery company. The second headquarter was established in 1967 in Korea. Over the years, the Group has successfully diversified into businesses ranging from F&B, Retail and Hospitality to Chemicals and Construction to Finance. The Group has now over 80 affiliates. Notwithstanding Korea, the group’s presence extends to India, China, Pakistan, Russia, Kazakhstan and Belgium along with South East Asia. Lotte Group aspires to be amongst the top 10 business groups in Asia.
Lotte Confectionery, Korea, the parent company of Lotte Group, opened its doors in 1967 and swiftly solidified its reputation as a leader of Korea’s food industry. Lotte Confectionery enjoys leadership status in gums, candies, biscuits, chocolates and ice cream in Korea. Juicy Fresh, Spearmint, Freshmint chewing gums and Ghana Chocolates have served as long-time favorites for over four decades. Xylitol chewing gum continues to grow strong since its launch - thanks to its ability to reduce risk of tooth decay. To this end, it has been adding new business lines in the domestic market, growing existing business while actively participating in the overseas markets.