Lotte India Corporation Limited

About Us

It¿s a story born in the age of British Raj. When children in India found confectionery hard to come by. It had to be imported from across the seas until the year 1914, When Parry¿s picked up the gauntlet and pioneered the manufacture of sweets - the first to do so in the country. Parry¿s sweets went on to become a household name- a name that people recollect with warmth and a smile. Ever since, the Parry¿s factory was set up in Nellikuppam, in the Cuddalore District of Tamilnadu in South India. Parry¿s has become synonymous with Sweets and Confectionery. With the penchant we Indians have for sweets is not surprising that this smooth, milky and irresistibly delicious confectionery is the best gift any child could get. And an obsession with quality ensured that children had a choice of nothing but the very best in confectionery.

In the nine decades since, the scenario has undergone a dramatic change. There are a number of offerings in the market today, each wooing children with a wide array of products. But Parry¿s still finds a prominent place in the heart of consumers.

Parry¿s has always stayed at the top, having weathered the vicissitudes of change, with our ear close to the ground - and to the hearts of children, changing, adapting and growing with the times - But never losing sight of its values traditions and ethics. At the turn of this century, Parry¿s is poised on the threshold of greater challenges in a global village, where dynamism and innovation is the very law of survival.

In the backdrop of India joining the WTO, and the global giants eyeing the Indian Market with enthusiasm, the company needed to strengthen itself and broaden its base to delight customers across the country and abroad. With this vision in the mind, Murugappa Group, promoters of Parry¿s Confectionery Limited entered in to an agreement with Lotte Confectionery Limited, South Korea, by which the, entire shares which Murugappa Group, the founders of Parrys Confectionery Limited, held was divested to Lotte Confectionery Limited -A South Korean Multinational giant.

Lotte Confectionery is the first Company of the Lotte family of Companies founded by Mr. Shin Kyuk-ho. The three L¿s in the Lotte Emblem stand for Love, Liberty and Life. The Corporate philosophy and idealism of Lotte is driven by dream of a world full of Love where people care for each other and respect each other¿s thoughts. The Lotte Group has presence in Food & Beverages, Distribution, Tourism and Leisure business; Heavy Chemicals, Construction and Machinery; Information, Communication and Electronics, Trading and Services apart from Welfare Research and Support Services. The Lotte Confectionery Co. Ltd. is the Lotte Group¿s flagship Company in Foods and Beverages category. Lotte Confectionery, Korea, was established with 500 employees in 1967 and today it has more than 6000 Employees. It has over 500 products produced at 5 large-scale plants in Korea. Lotte has been actively working towards establishment of overseas branches, production facilities and has a presence in more than 70 countries. Lotte Confectionery¿s annual Sales are over USD 900 millions, Apart from Korea, Lotte has overseas investments in production facilities in China, Philippines and Vietnam. Lotte Confectionery¿s Main line products are Chewing Gum (Lotte Xylitol, Lotte Juicy & Fresh, Lotte Spearmint, Lotte Fresh Mint, Flavono, White & E, Spout Caf¿ Coffee) Candy, Biscuits, Chocolates, Snacks, Ice cream, and health care product.