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Havmor launches World Cone with a vision of BIG IS BETTER
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Ice-cream players hope to scoop up double-digit growth this summer season
March 03, 2021
Keen to ride on demand revival during likely harsher summer months After facing a completely washed-out summer in 2020 due to the pandemic-induced lockdown, ice-cream players are banking on a strong revival in the upcoming season. Early onset of the season, projection of a harsher summer in the country this year and a uptick in the out-of-home consumption channel are making players bullish about this season’s sales.
The organised ice-cream industry in India was projected to grow at a CAGR of 18-20 per cent between 2019-2025. But the pandemic put brakes on the category’s growth last year. Now, industry players are hoping to get back to double-digit growth, and expect the industry to achieve a growth of 12-13 per cent in 2021.
Havmor Ice Cream appoints Komal Anand as Managing Director
Prior to joining Havmor Ice Cream, he was associated with McCain Foods.
Havmor Ice Cream, a brand owned by South Korean major Lotte Confectionery, has announced the appointment of Komal Anand as its Managing Director. The appointment is with effect from January 12, 2021. Anand has 24 years of management experience across food and beverage and CPG companies and has been instrumental in leading multiple business transformation agendas. Prior to joining Havmor Ice Cream, he was associated with McCain Foods. He has worked with companies including PepsiCo, Reckitt Benckiser, Dabur, and Reliance Retail.
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