01 August 2025
Lotte India, best known for its popular confectionery brands, is gearing up for a big leap. After merging with Havmor Ice Cream, the company has set an ambitious goal to touch ₹3,000 crore in revenue by 2027, a sharp jump from about ₹1,750 crore last year.
What’s Driving the Growth?
- Stronger Portfolio: The merger brings together Lotte’s confectionery strength and Havmor’s fast-growing ice cream business. By 2027, confectionery is expected to contribute around ₹1,250 crore and Havmor about ₹1,750 crore.
- Big Investments: The company plans to invest ₹475 crore by 2026, of which nearly half will go into expanding its newest product line, Pepero. A dedicated production line and a modern warehouse are coming up at Rohtak to support this.
- Pepero in India: Lotte has brought its global snack hit, Pepero, to India. The biscuit stick coated with chocolate and crunchy toppings is being produced locally in two variants—Original and Crunchy—priced between ₹20 and ₹70. It’s designed to appeal to Gen Z and millennials.
- Near-Term Ambition: With the Pepero rollout and expansion, Lotte India is also aiming for ₹2,000 crore revenue in 2025.
The Bigger Picture
Lotte India is betting on its combined strengths in confectionery and ice cream, supported by a strong investment pipeline and exciting new launches. If all goes to plan, the brand could become one of the fastest-growing players in the snacking and frozen desserts space in the next two years.
Lotte India, best known for its popular confectionery brands, is gearing up for a big leap. After merging with Havmor Ice Cream, the company has set an ambitious goal to touch ₹3,000 crore in revenue by 2027, a sharp jump from about ₹1,750 crore last year.
What’s Driving the Growth?
- Stronger Portfolio: The merger brings together Lotte’s confectionery strength and Havmor’s fast-growing ice cream business. By 2027, confectionery is expected to contribute around ₹1,250 crore and Havmor about ₹1,750 crore.
- Big Investments: The company plans to invest ₹475 crore by 2026, of which nearly half will go into expanding its newest product line, Pepero. A dedicated production line and a modern warehouse are coming up at Rohtak to support this.
- Pepero in India: Lotte has brought its global snack hit, Pepero, to India. The biscuit stick coated with chocolate and crunchy toppings is being produced locally in two variants—Original and Crunchy—priced between ₹20 and ₹70. It’s designed to appeal to Gen Z and millennials.
- Near-Term Ambition: With the Pepero rollout and expansion, Lotte India is also aiming for ₹2,000 crore revenue in 2025.
The Bigger Picture
Lotte India is betting on its combined strengths in confectionery and ice cream, supported by a strong investment pipeline and exciting new launches. If all goes to plan, the brand could become one of the fastest-growing players in the snacking and frozen desserts space in the next two years.
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