Lotte Wellfood's India unit posts 28% first-half sales growth

By Kim Dong-young Posted : July 13, 2026, 15:09 Updated : July 13, 2026, 15:09
Lotte India headquarters/ Courtesy of Lotte Wellfood
 
SEOUL, July 13 (AJP) - Lotte Wellfood announced that first-half sales at its Indian subsidiary, Lotte India, climbed about 28 percent from a year earlier, as the company marked the first anniversary of merging its confectionery and ice cream operations there.

According to the firm on Monday, India's ice cream division led the gains with 29 percent growth, driven by expanded supply from a new plant in Pune, Maharashtra, which began full-scale operations in February last year.

Anchored by the Pune facility, the company broadened its rollout of Korean ice cream brands, including Dwaeji-bar, sold locally as Krunch, and Jawsbar, marketed under the name Shark.

The confectionery arm grew 26 percent over the same period, a rise the company attributed to an aggressive push into traditional trade, the small neighborhood shops that dominate India's retail landscape.

Lotte India plans to press ahead with integrating its southern, northern and western operations to maximize efficiency and lift profitability, targeting annual revenue of 1 trillion won by 2032.

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