Flush with funds, the premium ice cream brand has stepped up capacity expansion and distribution push.
From ice creams, energy drinks, portable fans and ACs, India’s soaring temperatures are fuelling a digital dash for seasonal essentials across metros and small towns alike
Several social media users pointed put that the 'fruit' gola had more artificial colours and syrups than real fruits.
Namita Thapar said that the company had made Rs 5 crore in sales in January and that its founder has the domain expertise and the kind of drive, intellect, and warmth that is 'so endearing and unique'.
HUL’s ice cream business, though a smaller part of its portfolio, has shown notable growth. In the Q2 FY25, ice-cream business maintained its volume vis-à-vis last year.
A popular brand in the south, Hangyo will use the capital to enhance production capabilities, accelerate new product development and expand its presence across its key markets
The index of industrial production eased to 5% in April from 5.4% in the previous month, but stayed above the 5% mark for third consecutive month.
The worker, a 24-year-old Pune native named Omkar Pote, was filling ice cream cones at the Fortune Dairy factory in Indapur on May 11 when he lost the tip of his finger
The dairy company also asked the consumer to visit their plant to assure them of the quality processes used at the manufacturing plants.
Swiggy claimed that it was just an intermediary between the customer and the restaurants and could not be held responsible for the alleged mistake of its delivery agent.
Unilever’s decision to demerge the ice cream business has been taken in view of its slow growth and potential. But in contrast, for HUL in India, ice cream is a rapidly growing segment helped by long summers
Police and food safety officials also conducted raids on the ice cream facility and detained several people involved in producing and selling these contaminated ice-creams.
Investor appetite might be whetted for bolder action on the group’s bloated portfolio
The spin off will begin immediately and is expected to complete by the end of 2025, the London-listed company said.
Later in the month of March temperatures are projected to surpass normal ranges with northeastern peninsular India, including Telangana, Andhra Pradesh, and north interior Karnataka, along with several regions of Maharashtra and Odisha anticipated to experience more frequent heatwaves than usual.
This is the second round of fund infusion for Walko in less than 12 months
'Irrespective of the free ice-cream which is one of the best undoubtedly. The amount of happiness, positivity and smile this video brings is priceless,' users wrote on Instagram.
Imbued with nostalgia, local ice-cream brands — which offer high-quality niche products unlike big national and international brands — are not just here to stay, they will grow, too, say those in the business.
A recent report by Wazir Advisors estimated that the Indian ice cream market was worth $3.4 billion currently and has the potential to grow to about $5 billion by FY25.
Byakuya, the world's most expensive ice cream as per a new Guinness record, incorporates rare white truffles, Parmigiano Reggiano, sake lees, and edible gold leaf.
The British company, which sells Cornettos cones and Talenti tubs, on Thursday reported a 0.2% dip in overall quarterly sales volumes, but a more than 4% decline in ice cream volumes.
First the container spins slowly and after a while she switches the fan off to check the consistency of the ice cream. She then keeps the lid open and switches the fan on at full speed.
The company is working on a process called precision fermentation that uses substances like yeast and fungi to produce milk proteins in a vat.
An officer from Shanghai Market Supervision and Management Bureau said that they were aware of the videos and said it is investigating the case.
The shop, Vinu’s Igloo, was started in 1995. In the sweltering heat, it is a huge draw for ice-cream lovers.