date:Oct 11, 2012
The consumption of chocolates is steadily increasing in urban and semi-urban areas, registering a compounded annual growth rate (CAGR) of 25% and is expected to cross Rs 7,500 crore by 2015, according to estimates by ASSOCHAM (Associated Chambers of Commerce and Industry of India).
The Indian chocolate market is currently poised at over Rs 4,500 crore, according to an analysis of Indian Chocolate Market by ASSOCHAM. Releasing the findings, D S Rawat, secretary-general, ASSOCHAM, said, Ahead of