Cadbury maker Mondelez sees double-digit revenue growth in Indian markets

According to analysts, Mondelez derives around 40 per cent of its global revenue from Europe

Chocolate and snacks major Mondelez, best known for brands such as Cadbury and Oreo, saw the India market deliver its fourth straight quarter of double-digit revenue growth, company’s global Chairman and Chief Executive Officer Dirk Van de Put said on Thursday. 

Addressing investors during a concall following announcement of its second-quarter results, Van de Put said revenue growth in India was supported by strong underlying volume growth in chocolates, new innovations and a greater distribution push into traditional trade. The company follows a January to December accounting year.

India and China, Van de Put said, were the bright spots for