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Lotte India to set up new manufacturing facility

Thursday, 20 Feb 2014
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Lotte India Corporation, a subsidiary of Lotte Confectionery Company of Korea, is planning to set up a snack and confectionery products manufacturing unit at IMT Rohtak, in Haryana.


On 19 February 2014, the company laid the foundation stone for this project. The confectionery products manufacturing facility will be developed over 24,500 m2 area and will entail an investment of Rs 300 crore. The company is expected to commission the project by July 2015.  


Lotte Confectionery Company is part of the Lotte Group. The Lotte Group took over the erstwhile Parrys Confectionery from the Murugappa Group in 2004 and renamed the company 'Lotte India Corporation'.


 

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