Lotte India

What Lotte India does

Lotte India Corporation Private Limited is a Chennai-headquartered confectionery and ice cream manufacturer that operates as the Indian subsidiary of Korean conglomerate Lotte Group (parent: Lotte Confectionery Co. Ltd., Korea). The company was created in 2004 when Lotte Confectionery acquired Parrys Confectionery from the Murugappa Group, and it has since built a multi-brand portfolio across pies (Lotte Choco Pie), toffees and chocolate confectionery (Coffy Bite, Lotte Eclairs, Caramilk, Lacto King, Coconut Punch, Fruitz, Chewits, Seasons Greetings), chocolate-coated biscuits (Pepero), and ice cream (Havmor, acquired in 2017). Manufacturing is conducted at facilities in Chennai, Cuddalore, and Rohtak, with a new INR 500 crore ice cream plant inaugurated in Pune; the Rohtak site additionally houses Lotte's first overseas Pepero production line completed in July 2025.

The company operates a sales-led go-to-market model built on a deep general-trade distribution network: over 1 million retail outlets are reached through 2,000+ distributors and 26 carrying and forwarding agencies, supported by four regional offices and supplemented by modern trade and e-commerce channels (Amazon, Flipkart, BigBasket, Blinkit). Revenue is generated through one-time unit sales of confectionery and ice cream SKUs to mass-market Indian consumers across price points, with premiumization concentrated in the Havmor Belgian Silky Chocolate Cone and Heartbeat Red Velvet Cake lines. Certifications across FSSAI, HACCP, ISO, HALAL, and IVCA (100% Vegetarian for Choco Pie) underpin regulatory compliance across all plants.

In August 2024, Lotte Wellfood announced the merger of Lotte India and Havmor Ice Cream into an integrated entity branded 'One India', targeting Rs 6,000 crore in combined annual sales within six years and supported by NCLT sanction. The merged entity will pursue cross-category expansion, with new product launches, celebrity endorsements (Tamannaah Bhatia for Havmor), and experiential marketing driving brand investment. Geographic reach already extends across roughly 25 countries in South Asia, the Middle East, Africa, ASEAN, Europe, North America, and Oceania, indicating an under-leveraged export platform beneath the domestic focus.

Name

Lotte India

Legal name

Lotte India Corporation Private Limited

Website

https://lotteindia.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Lotte India Corporation Private Limited is a Chennai-based confectionery and ice cream manufacturer, wholly-owned by Korea's Lotte Confectionery, selling Choco Pie, Coffy Bite, Eclairs, Caramilk, Lacto King, Pepero, and Havmor ice cream to mass-market Indian consumers through one million-plus retail outlets and e-commerce channels.

Ownership category

akta.pro rank

Product category

Confectionery Manufacturing

NAICS

Nonchocolate Confectionery Manufacturing (31134), Confectionery Merchant Wholesalers (42445)

SIC

Sugar & Confectionery Products (2060), Food And Kindred Products (2000)

akta.pro primary industry

Confectionery (Candy & Chocolate) Wholesale (AFAIAFAC)

akta.pro secondary industries

Confectionery, Snacks & Specialty Sweets Wholesale Distribution (CRAOAAAM), Jerky & Meat Snacks (CRADABAK)

Keywords

• Chocolate confectionery
• Choco pie biscuits
• Toffee candy products
• Ice cream manufacturing
• Confectionery production

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Confectionery Product Sales: Lotte India generates revenue through manufacturing and selling confectionery products including Choco Pie, Coffy Bite, Eclairs, Caramilk, Lacto King, Pepero, and other candy brands. Revenue is generated through general trade, modern retail, and e-commerce channels across India.
2. Ice Cream Product Sales: Following the acquisition of Havmor Ice Cream and the merger with Lotte India under 'One India', the company generates revenue from ice cream sales including the Belgian Silky Chocolate Cone and other Havmor products, sold through retail outlets nationwide.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Lotte India manufactures and sells branded confectionery products (Choco Pie, Coffy Bite, Lotte Eclairs, Caramilk, Lacto King, Pepero, Coconut Punch, Fruitz, Chewits, Seasons Greetings) and ice cream products under the Havmor brand acquired in 2017. Products are manufactured in fully automated facilities in Chennai, Cuddalore, Rohtak and Pune, and distributed across India through general trade, modern retail and e-commerce channels reaching over 1 million retail outlets.

Product overview

Lotte India Corporation Private Limited is a confectionery company and part of Korean conglomerate Lotte Group, operating as a multi-brand portfolio company offering biscuits/pies, chocolate confectionery, toffees, and gum products. Core products include Lotte Choco Pie (India's No.1 Choco Pie with near-monopoly status), Coffy Bite, Lotte Eclairs, Caramilk, Lacto King, and Pepero. Additional brands include Coconut Punch, Fruitz, Chewits, and Seasons Greetings. Through the 2017 acquisition of Havmor Icecreams (merged entity planned as 'One India'), the company expanded into ice cream with products including Belgian Silky Chocolate Cone and Heartbeat Red Velvet Ice Cream Cake. The company operates manufacturing facilities in Chennai, Rohtak (Haryana), and Nellikuppam (Cuddalore), with products distributed through 4 regional offices, 26 carrying and forwarding agencies, 2,000+ distributors, reaching over 1 million retail outlets.

Differentiator

Problem solved

Functional benefit

Brands

• Choco Pie: India's No.1 Choco Pie - fluffy marshmallows, soft biscuits and rich choco come together. 100% Vegetarian.
• Coffy Bite
• Lotte Eclairs
• Caramilk
• Lacto King
• Pepero
• Havmor Ice Cream
• Coconut Punch
• Fruitz
• Chewits
• Seasons Greetings

Products and services

• Lotte Choco Pie India's No. 1 Choco Pie featuring fluffy marshmallows, soft biscuits and rich chocolate, available in multiple variants (Mono, 2, 4, 6, 12, 18 packs, Rich Cocoa Pie, Orange Pie, Fruto Pie) and certified 100% Vegetarian by IVCA.
• Coffy Bite Coffee and toffee confectionery combining rich coffee with creamy toffee in a single stimulating experience, marketed under the iconic 'Is it a Coffee or a Toffee?' advertising.
• Lotte Eclairs Choco and milk confectionery toffee featuring luscious chocolate encapsulated inside a soft, smooth toffee for a rich burst of flavour in every bite.
• Caramilk Dairy-rich milk toffee confectionery, fondly remembered as 'the child's first toffee' and a requisite for auspicious occasions, available since 1982.
• Lacto King Milk and butter candy confectionery featuring a duet of milk and butter flavours, also offered in Caramel and Strawberry flavoured lollipops.
• Pepero Chocolate-coated biscuit sticks produced at Lotte's Rohtak plant on the first overseas Pepero production line, available in Original and Crunchy variants.
• Coconut Punch Coconut toffee confectionery featuring tiny bits of real desiccated coconut inclusions in soft toffee.
• Fruitz Funky fruit flavoured candy available as jelly lollipops in tropical fruit flavours such as Blueberry and Strawberry.
• Chewits Mango flavoured chews confectionery offering a premium sweet and tangy, long-lasting taste.
• Seasons Greetings Gift-pack assortment chocolates combining coconut toffee, funky fruit flavoured candies and fruit flavoured chews elegantly packed for special occasions.
• Havmor Belgian Silky Chocolate Cone Ice cream cone with a molten chocolate centre fill and chocolate bakery cone, launched as Havmor's flagship chocolate cone offering across India.
• Havmor Heartbeat Red Velvet Ice Cream Cake Special Valentine's Day red velvet ice cream cake launched under the Havmor #BeMyHeartbeat campaign, positioning ice cream as the emotional centerpiece for celebrations.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Havmor Ice CreamcoreStrategic or Co-development Partner · 2 August 2024Lotte Wellfood announced the merger of its Indian subsidiaries Lotte India and Havmor Ice Cream to form an integrated entity called 'One India'. The merger aims to reach Rs 6,000 crore in annual sales within six years. Both brands will maintain their identities while benefiting from shared resources and expanded regional coverage. This is an internal corporate restructuring within the Lotte Group rather than an external partnership.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Ferrero India: Indian arm of Ferrero (Kinder, Ferrero Rocher, Nutella). Competes with Lotte India in premium and gifting chocolate segments, especially around festivals and celebrations.
• Havmor Ice Cream: Direct peer and now sister entity in the One India merger. Comparable regional Indian ice cream brand with parlor and retail footprint across Gujarat, Maharashtra, and other states.
• Perfetti Van Melle India: India arm of global confectioner behind Alpenliebe, Mentos, Center Fresh, and Chupa Chups. Direct peer in toffees and chews with comparable mass-market positioning.
• Parle Products: Iconic Indian confectionery and biscuits maker (Parle-G, Melody, Kismi, Poppins). Closest mass-market toffee and candy peer with deep general-trade penetration similar to Lotte India.
• Mars International India: India presence of Mars Inc. with Snickers, Galaxy, Bounty, M&M's. Premium chocolate peer that competes for the same gifting and indulgence occasions as Lotte Choco Pie and Seasons Greetings.
• Mondelez India: India arm of Mondelez International, maker of Cadbury chocolates, Bourneville, and 5 Star. Direct competitor across chocolate and toffee categories in India with deeper portfolio and larger marketing budget.

Broad incumbents

• Britannia Industries: India's largest bakery brand (Britannia, Good Day, Bourbon) with growing chocolate and cake portfolio. Comparable biscuits/chocolate crossover products (e.g., Bourbon vs. Choco Pie) and pan-India distribution.
• ITC Foods: Diversified Indian conglomerate's foods arm with confectionery (Candyman, Chocobakes), biscuits, and snacks. Overlaps with Lotte India in pies, toffees, and gifting formats with even wider distribution.
• Nestle India: Major packaged F&B player in India with confectionery exposure (Milo, KitKat via license, Munch) plus ice cream (legacy). Comparable mass-market distribution and CPG manufacturing scale.

Emerging players

• Amul: India's largest dairy cooperative and dominant mass-market ice cream player. Direct competitor to Havmor across impulse, tub, and family-pack ice cream SKUs in retail and parlors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/LotteChocopieIndia
• Facebookfacebook.com/LotteIndiaCandies
• LinkedInlinkedin.com/company/lotte-india-corporation-limited-official
• Instagraminstagram.com/lottechocopieindia
• Xx.com/candieslotte

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lotte India