Lotte India Share Price

Lotte India Corporation Limited Delisted Share - Company Overview 

LOTTE INDIA CORPORATION LIMITED is a part of Lotte Group of Korea. The company is a big player in confectionary space in India. The company is the owner of some prominent confectionary brands of India including Coffy Bite, Lacto King, Lotte Eclairs, Caramilk, BooProo and Spout gums.

The company played an important role in creating a ‘Pie’ Category in India with its product named, Lotte Choco Pie. It currently has a near to monopoly status.

The manufacturing facilities of the company are located in Chennai, Rohtak, and Nellikuppam (near Pondicherry). The network of the company is expanded to 26 CFAs, and 4 regional offices. The products of the company reaches to over a million retail stores through more than 2000 distributors.

Lotte India Corporation Delisted Share Details As of March 31,2022

Lotte India Corporation Limited Incorporation Details

Lotte India Corporation Limited  Principal Business Activities

Lotte India Corporation Limited Board of Directors

Yun Kang Jung (Chairman)

Milan Wahi (Managing Director)

In Chul Yeo (Whole Time Director)

Myeongrim Choi (Director)

D.G.Rajan (Independent Director)

Hye Lim Jeon (Independent Director)

Lotte India Corporation Limited's Particulars of Associate Companies

Lotte India Corporation Limited Shareholding Pattern (As on 31-03-2023)

Industry Outlook

On the Valentine’s Day on an average nearly US$ 400 million of chocolates have been purchasing around the world accounting for the 5 of the Industry’s total sales. Three kinds of chocolate are very famous globally - Dark chocolate, Milk chocolate and White chocolate.

Switzerland is the world’s largest chocolate consumer. In Switzerland per Capital Consumptions is more than 10 kgs, in UK it is less than 10 kgs, in USA it is around 8 kgs per year. According to Statista research, worldwide chocolate confectionery market is approx US$178 billion in 2020. And it is having the potential to grow at CAGR 4.3% for next 5 years.

The impulse buying behaviour of consumers is boosting the sales of chocolates across the globe. Consumers in the shopping store might not specifically be shopping for the confectionary goods like, chocolates. However, related confectionary items displayed at prominent places attract buyers' attention and causes impulse buying behaviour in them. In the chocolate industry, packaging plays a very important role.

India is still a growing market for chocolate industry. Back to 10 years, People preferred to gift sweets over chocolates. But now people are inclining more towards chocolates for gifting. Indian consumers are now willing to pay more for quality and tasty chocolates. Demand for different flavours is rising, making the overall demand for chocolates to rise.

FAQS ON LOTTE INDIA CORPORATION LTD  DELISTED STOCK 

Q1) Which is the holding company of Lotte India Corporation Limited?

Lotte India Corporation Limited is a part of Lotte Group of Korea.

Q2) In Which sector does Lotte India work?

Lotte India is a big player in the confectionary space in India.

Q3) Is LOTTE India a listed Company?

NO, Lotte India is a delisted company.

Q4) Can I buy Lotte India Corporation Limited shares?

Yes, you can buy shares of Lotte India Corporation Limited. For more information visit us at wwipl.com or contact us. 

Q5) Does Lotte's share price have a bright prospectus?

Lotte India is the market leader in confectionary space in India and has shown a proven growth track record.

Q6) Where I can see Lotte India's share price on a regular basis?

You can see Lotte India's share price on wwipl.com or contact us