Retail News India:Italian confectionery titan Ferrero is mulling over extending its item run in India with presentation of new brands alongside few brand expansions.
“We have pipeline of developments and we might want to investigate opportunities in the Indian market. Ferrero has a tremendous portfolio. While we proceed with concentrate on our four current brands, we might want to broaden our portfolio,” Ferrero India Marketing Head Emanuele Fiordalisi told PTI.
Ferrero’s four brands in India are Rocher, Kinder Joy, Tic Tac and Nutella.
At the point when asked by when does the organization plan to grow its items range, Fiordalisi said: “I can say in the nearing years…it will be soon.”
On new items, he said: “for instance there is Kinder portfolio that can brought to India and some different brands.”
He, on the other hand, did not impart more subtle elements. Discussing Indian operations, Fiordalisi that India is a standout amongst the most vital developing markets for Ferrero.
“We have not yet arrived at our target (as far as brands scope and deals). We are still an adolescent organization. We have aggressive plans in the advancing years,” he said.
Ferrero likewise plans to dispatch its spreads brand Nutella on a bigger scale.
“Nutella has a constrained vicinity at this moment, just in level I urban communities. Be that as it may we are taking a gander at dispatching Nutella on expansive scale in more modest towns too,” Fiordalisi said.
The organization, at present, manufa ctures Kinder Joy and Tic Tac in its plant in Baramati in Maharashtra.
As a major aspect of Diwali crusade, the organization has fabricated a Ferrero Rocher pyramid at Ambience Mall in Gurgaon, its biggest pyramid in India.
The pyramid will be on presentation till October 23 2014.