Mondelez International, the US$ 35-billion global snacking powerhouse that owns Cadbury, is looking at making India a manufacturing hub for the region across multiple product categories in the years to come. Mondelez, which has invested US$ 400 million in the country over the past four years, expects India to continue growing at double-digits, and expects its Indian subsidiary, which currently contributes 3% to the company’s global revenues, to incrementally improve its contributions. “We have a great opportunity to source from India to service nearby countries. Th e plant in Sri City, AP, where we are investing US$ 200 million (INR 1,000 Crore), will … supply to other locations,” said Irene Rosenfeld, Chairman & CEO of Mondelez International. Rosenfeld, who is on a visit to India, inaugurated the new head offi ce in Mumbai, interacted with shopkeepers and merchandisers during a tight-schedule that was packed into all of 40-odd hours. “India is a critical part of our business and that’s why I am here.
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