Latest news with #Pepero
Time of India
24-07-2025
- Business
- Time of India
Lotte India aiming to achieve turnover of 3,000cr by 2027
Chennai: With the successful completion of the Lotte-Havmor merger, Lotte India is aiming to achieve a turnover of Rs 3000 crore by 2027. The company is set to achieve a turnover of over Rs 2,000 crore in CY25 said an official statement. Lotte India is lining up a capex of Rs 475 crore for FY25-26 as part of its product line expansion. According to Lotte India MD Milan Wahi, that would include Rs 225 crore spend on the company's just launched Pepero product which is being manufactured in its Rohtak plant. "We are also putting another new line for ChocoPie and we're also creating a new warehouse at Rohtak so all put together we will spend Rs 475 crore by December 2026," he said. The company also has a facility in Chennai. "In 2023, we invested approximately Rs 300 crore because we put up a new line there," said Wahi. "We had an existing line of ChocoPie and we put up a new line at Chennai. That expenditure is already finished so we are looking at Rohtak now," he added. The company's confectionary division is clocking an EBITDA of 13% on the back of the overall snacks market doing 13-14% growth. "Overall snacks, including salty snacks, chips plus biscuits and chocolate is a total Rs 1.7 lakh crore market growing at double digit of 13% to 14%," he said. And while city-wise Delhi is the number market for Lotte India, it is followed by Chennai and Hyderabad. "Chennai is opening up. There's a cosmopolitan crowd coming in, a lot of crowd coming from outside for IT etc so the locals are trying out new things. " You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai
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Business Standard
24-07-2025
- Business
- Business Standard
Lotte India eyes ₹3,000 crore revenue by 2027 after Havmor merger
On the back of the successful completion of the Lotte–Havmor merger, confectionery major Lotte Group is expected to cross a revenue of around ₹3,000 crore by 2027, up 71 per cent from around ₹1,750 crore in CY2024, said a top company executive. The company has also lined up an investment of ₹475 crore in India by December 2026, of which ₹225 crore will be allocated to Pepero. Early this month, Lotte Wellfood said it had completed the merger of its two Indian subsidiaries — Lotte India and Havmor Ice Cream — to unify the confectionery and food arms of the Lotte Group. 'Out of the ₹1,750 crore revenue clocked in 2024, the share of the confectionery business, or Lotte India, was around ₹720 crore, while the ice cream business (Havmor) contributed ₹1,030 crore. This is expected to touch ₹3,000 crore by December 2027, with Lotte India contributing around ₹1,250 crore and Havmor around ₹1,750 crore,' said Milan Wahi, managing director, Lotte India. The company on Wednesday officially launched Lotte Pepero, Korea's No. 1 biscuit snack brand from the house of Lotte Wellfood. The arrival of Pepero marks a new chapter for Lotte India and for new-generation snack lovers in the country. The product is made in India at Lotte India's new, state-of-the-art facility in Rohtak, Haryana, and is the company's foray into the biscuit snack category, designed and packaged especially for India's vibrant Gen Z and Millennial consumers. 'It has been a significant year for us — marked by double-digit growth, deeper market reach and record consumer engagement. To add to this excitement, we are also happy to launch Korea's most favourite snack brand, Lotte Pepero, to Indian consumers. With this, we're not just launching a product — we're introducing a brand that connects emotionally with India's new generation of snackers,' he said. 'On the back of the successful completion of the merger, we are now targeting a turnover of over ₹2,000 crore in calendar year 2025. We have also invested ₹475 crore in our Rohtak facility to set up a dedicated production line for Pepero and a state-of-the-art warehouse to scale for future growth,' Wahi added. Pepero is a non-messy, crispy and easy-to-carry snack available in two variants — original and crunchy — in trial packs and regular packs, priced between ₹20 and ₹70. The brand will be distributed via modern trade, standalone stores and high-end grocery channels across major metro cities, and will be available on all e-commerce platforms. With its India-first strategy — blending local manufacturing, cultural insight and emotionally engaging campaigns — Lotte India positions Lotte Pepero as the most shareable treat in the country. Lotte India Corporation Ltd came into existence after the takeover of Parrys Confectionery from the Murugappa Group in 2004. Lotte Wellfood (formerly Lotte Confectionery), the parent company of Lotte India, is part of the Korean conglomerate Lotte Corporation. The company is a key player in the confectionery space with strong brands such as Coffy Bite, Coconut Punch, Caramilk, Lacto King, jellies, lollipops and éclairs. Apart from the two state-of-the-art, fully automated Choco Pie manufacturing facilities in Chennai and Rohtak, Lotte India also has a confectionery unit in Nellikuppam (near Puducherry). Additionally, the company outsources production to seven other units across India.
Korea Herald
09-07-2025
- Business
- Korea Herald
Lotte to roll out Pepero in India with heat-resistant chocolate
Lotte Wellfood, the confectionery arm of Lotte Group, said Wednesday that it has completed construction of a Pepero production line at the Haryana plant of its Indian subsidiary, Lotte India. The move comes after a 33 billion won ($240.2 million) investment last year and is part of a broader strategy to tap into India's growing confectionery market, estimated at approximately 17 trillion won. This initiative is part of Lotte Wellfood's broader 'One India' strategy following the recent merger of Lotte India and Havmor, aiming for 1 trillion won in annual sales in India by 2032. The Haryana facility will serve both domestic demand in India and potential exports to neighboring regions such as the Middle East and Southeast Asia. To cater to local tastes and climate conditions, Lotte has launched two variants ㅡ original and crunchy Pepero ㅡ formulated with heat-resistant chocolate capable of withstanding temperatures up to 40 degrees Celsius. Extensive research and development efforts were made to maintain the product's signature taste and texture, including sourcing optimal wheat flour for the biscuit base. Lotte also plans to aggressively target India's Generation Z consumers through localized marketing campaigns centered on the brand's value, 'Sharing.' Beginning in September, global ambassador K-pop idol Stray Kids will lead a Pepero Day campaign to boost brand visibility. With investments in multiple facilities, including the new Pepero line and a frozen dessert plant in Pune, the company aims to become India's leading confectionery brand. "The launch of Pepero in India follows Choco Pie as part of efforts to strengthen the Lotte brand's presence in the Indian market," said a Lotte Wellfood official. "We expect to contribute to our goal of reaching 1 trillion won in global sales for the Pepero brand."
Hype Malaysia
19-05-2025
- Entertainment
- Hype Malaysia
(Video) TXT Fans Lose It Over Soobin & Hueningkai's Pepero Challenge ‘Kiss'
If you're unfamiliar with the world of K-pop, you may not realise just how popular the Pepero Challenge is. The game involves two idols (usually of the same gender and from the same group), with one holding one end of a Pepero biscuit in their mouth while the other bites the opposite end until it breaks. This means there's always the possibility of their lips touching. The game may seem innocent enough, but fans are always quick to react to this kind of skinship between members. TOMORROW X TOGETHER (투모로우바이투게더) are the latest idol group to take on the challenge, and the video has caused a meltdown across social media. Watch: Over the weekend, SBSKPOP X Inkigayo shared a video featuring members of TXT taking part in various games and challenges during the latest episode of their variety segment. One of the highlights was the famous Pepero Challenge. Leader Soobin (수빈) and maknae Hueningkai (휴닝카이) teamed up for the game, and the result sent fans into a frenzy. Before starting, the 22-year-old asked his older member for consent, warning that he was planning to go 'all in' to complete the challenge. Sure enough, the singer did just that. As seen in the screenshots above, Hueningkai tilted his head while gently holding Soobin's as he ate the Pepero biscuit from his end, continuing until their lips appeared to touch, leaving just a 1cm piece of the treat. The challenge continued with the other members also taking part – Beomgyu (범규) was paired with Taehyun (태현), while Hueningkai had to do the challenge again, this time with Yeonjun (최연준). Soobin and Hueningkai's Pepero Challenge instantly went viral online, with MOAs (TXT fans) and K-pop enthusiasts alike expressing both amusement and surprise. Many were excited by the two members taking the challenge to the extreme, while others shared clips of other idols who have also gone viral for participating in this intimate game. Fans also defended TXT against 'queerbaiting' allegations, emphasising that the members are simply very comfortable with each other and that their music sales continue to thrive. Would you take on the challenge with your group members? Do you think you can break Soobin and Hueningkai's record? Watch the full episode below, or skip to 26:40 for the viral moment: Sources: YouTube, Twitter (1)(2)
News18
17-05-2025
- Entertainment
- News18
TXT Fans Can't Keep Calm As Kai And Soobin Share ‘Kiss' In Inkigayo Episode
Last Updated: Tomorrow X Together's (TXT) Soobin and Hueningkai have set the internet ablaze with their alleged kiss. Tomorrow X Together (TXT) members Soobin and Hueningkai—also known as Kai—have sent their fandom into a frenzy yet again. A clip from the K-pop band's Inkigayo episode, which came out on May 16, has gone viral. The members, in the video, were challenged to play a classic game—Pepero—where two people must nibble on a cookie stick using just their mouths. The one who ends up with the shortest remaining piece wins. While Taehyun-Beomgyu and Yeonjun-Hueningkai made great efforts to win the game, it was Soobin and Kai who stole the show. The moment which made the fans' jaws drop happened when the last centimetre of the cookie was left, however, Kai refused to back down. He got so close in an attempt to win the game that his lips almost brushed against Soobin's. Kai grabbed Soobin by his neck to bridge the gap when the latter stepped back momentarily. The 'kiss' left the members in splits. The now-viral clip has made Moments of Alwaysness (MOA)—TXT's fandom—come up with the most hilarious reactions. Some were shocked, others laughed the entire event away, while a few claimed they needed a little time to 'cool down" after witnessing the scene. TXT's Soobin and Kai are very close in a recent video. — About Music (@AboutMusicYT) May 16, 2025 One of the users said that if they had been in Soobin's position, they would have fallen for Kai. 'I would question what we are every time I met Kai's eyes after all that," they added. Some fans declared Kai the 'real kisser" of the group and another one joked they want to be a TXT member in the next life. However, some users also accused them of queerbaiting. What's New With TXT? Soobin and Yeonjun recently appeared as guest stars in the Netflix K-drama Resident Playbook. They played members of a fictional boy group HI-BOYZ. The plot traced the life of former idol Um Jae-Il, portrayed by Kang You-Seok, with the trio even filming a special performance for the series. Their song When the Day Comes was released as part of the OST. HI-BOYZ will appear on M Countdown soon. First Published:
