Lotte Korea invests Rs 450 cr in Indian unit Havmor Ice Cream

Lotte Confectionery, a company based in South Korea, plans to invest 450 crore rupees in its Indian subsidiary, Havmor Ice Cream, over the next five years.

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The investment from Lotte Confectionery will be used to establish a new production facility in the Talegaon township of the Maharashtra Industrial Development Corporation (MIDC).

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