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Lotte Wellfood to invest $300 million in India to expand production and supply chains, CEO saysLotte WellFood's Pepero products are displayed at a supermarket in Seoul on Feb. 6. The chocolate biscuits will be sold in India from July, the firm's CEO said, according to Indian reports.
Lotte Wellfood has launched a new manufacturing plant in India, where the Korean confectionery giant is looking to expand its presence, Lotte Corp., the holding company of Lotte Group, said Sunday.
When Pepero was first released by Lotte Confectionery, it was only available with the signature chocolate coating, but these days there are quite literally dozens of flavors to choose from (some ...
Following Lotte Choco Pie success in India, introducing Lotte Pepero will enhance Lotte’s brand strength and expand sales in the Indian market,” commented Lee.
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