Mondelez India’s Chocolate Expansion a Sign of Confidence in Indian Market

The packaged food company Mondelez India announced on Tuesday that it would invest Rs. 1,600 crores to increase the production of chocolate at its current manufacturing facility in Sri City, Andhra Pradesh. The action is intended to meet the rising demand for its brands, including Cadbury Dairy Milk. Investment reflects company’s long-term commitment to India …

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