Mondelez India Launches Limited Edition Cadbury Dairy Milk Vintage Tin Pack
To commemorate the 70th anniversary of Mondelez India, formerly Cadbury India Ltd, the company has launched the new limited edition Cadbury Dairy Milk Vintage Tin Pack. This collector’s edition contains Cadbury Dairy Milk chocolates packaged with covers from four distinct eras – 1907, 1923, 1961 and 1999. Consumers can take a trip down memory lane with these retro pack designs and relive their favourite Cadbury Dairy Milk memories. Mondelez has had a good run in India as Cadbury remains the country’s favourite chocolate.
Mondelez has had a fruitful 70 years journey in India and they are excited to launch yet another exclusive e-commerce proposition. Through the launch of this vintage tin package, Mondelez hopes to connect with consumers at an emotional level and thank consumers for they support Cadbury has always had from them. Therefore, the vintage pack is being seen as a symbol of love as India’s favourite chocolate brand. The Cadbury Dairy Milk Limited Edition Vintage Tin Pack, priced at Rs.544 and contains four Cadbury Dairy Milk Chocolate bars and will be available on Cadburygifting.in, and exclusively on e-retailers like Amazon, Flipkart and Paytm.
Chai Point Set to Open 20 More Outlets by 2019
It is a well-known fact that tea occupies about 70 percent of the non-alcoholic beverage market in India and Chai Point has found a niche in the space. Chai Point began its tea journey eight years back and today there are approximately 106 Chai Point stores. They also have about 2,000 plus milk-based dispensers – boxC – which are installed at corporate houses and their line of packaged products. The company wants to build a globally relevant tea platform and are doing this with the help of cloud-based platform – SHARK.
Though the brand is beverage-centric yet they get 25 to 30 percent of revenue from food. While there is no aggressive marketing they do lay stress on their digital audience. The company has also married technology with tea to give consumers a seamless experience. They also work through facial recognition to serve customers quickly and easily. The company feels that they can tap into iced-tea which has yet to take off in India. The company will open 20 more outlets in the next three to four months. All the outlets are company-owned and company-operated and Chai Point will continue with the same operating model.
Uno Chicago Bar & Grill to Foray into India
Ambuja Neotia Group’s hospitality vertical recently introduced globally recognized American casual dining chain, Uno Chicago Bar & Grill in India through franchise route. The first outlet has opened at Gardens Galleria Mall, Noida. The brand is now planning to open 12-15 outlets in the next 3 years with estimated investments of around Rs.60 crore. The brand targets well-travelled consumers who have acquired a taste for world cuisine. In this space the Indian market is untapped and the company sees immense potential in it.
As an authentic American Bar & Grill concept, the brand is positioning itself as a smart casual dining restaurant. Customers can enjoy a truly American cuisine paired with crafted drinks and entertainment with live performances. As an ‘Eat-ertainment’ driven casual dining space, it is inclusive and welcoming to all generations – millennial, the young-at-heart and kids. The restaurants will operate as a family style full-service restaurant. Each restaurant in India, which will spread across 2,500-3,000 square feet at an approximate capex of Rs.4-5 crore. In 2018 the brand is opening outlets in NCR, Kolkata, and Bengaluru. The group has signed a franchise agreement with the food chain to open about 70 outlets across the country over the next seven years spreading across Tier I and II cities.
The ThickShake Factory to Open 1,000 Outlets Across India
The ThickShake Factory, a premium thick shake brand that recently completed 100 outlets in India. The brand brings the concept of running a cold dessert beverage quick service business (QSB) for the first time in the country. The ThickShake Factory serves over 50 types of shakes with more than 40 topping/ mix-ins. It is famous for their ‘Shape your Shake’ feature where customers can choose what they want from the variety of toppings. The brand brings the best flavours in the form of not just ThickShakes, but a complete range of cold coffee varieties, slushies, chocolate, and fruit-flavoured drinks.
The ThickShake Factory journey has been a good one since the opening of its first outlet in 2013 with winning ‘Franchisor of the Year’ award twice, one in 2016 and the other in 2018 along with many other awards. The company is recognised as one of the fastest growing QSR chains in India. They already have 100 outlets. Now the company is planning to expand its footprint into Telangana, Tamil Nadu, Andhra Pradesh, Karnataka, Gujarat, Maharashtra and many more states in the coming few months.
Keventers Launches Premium Ice-creams
Iconic dairy brand, Keventers, is all set to expand its product portfolio with the introduction of Ice Creamery, ice cream parlours. Keventers Ice Creamery outlets will serve premium ice cream across three prime locations in Delhi NCR including Select City Walk Mall, DLF Promenade Mall, and Ambience Mall, Gurugram. The brand is also planning to add three more outlets across Delhi NCR by the summer of 2019.
Innovation has always been important for Keventers and so they have been steadily working towards diversifying their dairy portfolio. Ice Creamery is their first step towards innovation and they look forward to adding more delectable dairy products in the future. Keventers Ice Creamery will include a varied range of innovative and delicious flavours, using handcrafted and original recipes. They use the finest chocolates, regional favourites, and fresh seasonal fruits and exotic ingredients. Their premium range of specially curated ice cream flavours is served in reusable glass bowls which one can easily take home. The ice-creams are priced at Rs.150 for single scoop and Rs.270 for a double scoop.
People and Appointments
Cargill Appoints Piyush Patnaik as Managing Director for its Oils Business in India
Cargill has announced the appointment of Piyush Patnaik as Managing Director of its oils business in India. Patnaik brings over 18 years of in-depth industry experience. Most recently, he was the strategy and business development head for Cargill’s oils business in India. Patnaik joined Cargill in 2006 and has held key positions in various functions including procurement, sales, business development, M&A and supply chain management. Prior to joining Cargill, Patnaik worked with large consumer companies including Coca-Cola and Dabur.
Sattviko Appoints Ayush Arora as CFO
Sattviko, a packaged food company providing light snacks of Indian origin, has announced the appointment of Ayush Arora as its first Chief Financial Officer (CFO). He is a seasoned professional and will be looking at Finance, Data Analytics and Business Strategy of Sattviko. Arora holds extensive experience in Treasury, Business Finance, Funds Management and other aspects of Company Financial Strategy. Prior to Sattviko, Arora was heading the liquidity solutions and investments department at Bharti Airtel Limited’s Group Treasury.
Sattviko is known as the Indian food brand where age-old Indian recipes, based on unique household practices, have been revived and given a modern twist. They offer traditional but tasty and light quick bites for today’s generation. Sattviko is an innovative food company that is changing the way people consume snacks.