It has taken 15 years for Lotte, the Korean company that bought out Parry’s Confectionary from the hoary Murugappa group, to turn its attention to an old warhorse in its stable: Coffy Bite. Having spent the first decade-and-a-half prising open the Indian market for its own brand Choco Pie, the company is now looking for a wider sway over the affordable segment of the $1.5 billion Indian confectionery market.
Coffy Bite was the biggest brand in Parry’s sweets portfolio that also had Lacto King, Caramilk and Coconut Punch. In its early years, it was a frequent advertiser and visible across multiple