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Britannia Industries forays into chocolate space: Report

02 Jan 2018 Evaluate

Britannia Industries has reportedly forayed in the chocolate space, extending its Pure Magic biscuit brand to a format of slabs of chocolate on top of biscuits. The product was launched in Bengaluru and is now being taken to the national level. Pure Magic is a smaller brand for Britannia than its Good Day and Marie Gold range of biscuits.

Britannia Industries, one of the India’s biggest brands of the country, has a market share of over 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones.

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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