Havmor's New Pune Factory to Boost Production and Introduce Unique Candy Range
Havmor Ice Cream announces its new Pune factory, set to operate by November, which will increase production capacity by 4 lakh liters per day and introduce a unique candy range.
Ice CreamCandyProductionFactoryLotte WellfoodHavmorReal Estate PuneJul 25, 2024
According to Havmor Ice Cream Managing Director Komal Anand, the company's current production facilities in Ahmedabad and Faridabad have a daily production capacity of 1.5 lakh liters each. The Pune factory will be the third plant and will help enhance production capacity to address future demand.
The company has designed the factory building to accommodate more production lines in the future, allowing for an increase in capacity up to 5 lakh liters. Anand expressed confidence that the factory will be operational by October or November this year, stating that they are planning for the long term.
Havmor will launch a new range of candies in the fourth quarter, which will be manufactured at the Pune factory. These candies will be the first of their kind in India, offering unique flavors and packaging. The company plans to launch other innovative products, including water-based candies, milk-based candies, and cones, in 2025.
Since Havmor's acquisition by Lotte in 2017, the company's turnover has more than doubled, currently standing at nearly Rs 1,200 crore. Profits have also grown by nearly 50 per cent since the acquisition.
Information Lotte Wellfood, a South Korea-based company, acquired Havmor Ice Cream in 2017. Havmor Ice Cream has been in operation for 80 years and currently has production facilities in Ahmedabad and Faridabad.
Havmor Ice Cream is a leading ice cream brand in India, known for its unique flavors and high-quality products. Lotte Wellfood, the parent company, is a South Korea-based conglomerate with a presence in various industries, including food, retail, and construction.
Frequently Asked Questions
When will Havmor's new Pune factory be operational?
The factory is set to be operational by November this year.
What is the daily production capacity of Havmor's current facilities?
The current facilities in Ahmedabad and Faridabad have a daily production capacity of 1.5 lakh liters each.
What new products will Havmor launch in the fourth quarter?
Havmor will launch a new range of candies, which will be the first of their kind in India, offering unique flavors and packaging.
What is the current turnover of Havmor Ice Cream?
The current turnover of Havmor Ice Cream is nearly Rs 1,200 crore.
Who acquired Havmor Ice Cream in 2017?
Lotte Wellfood, a South Korea-based company, acquired Havmor Ice Cream in 2017.
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