Mondelez ups India bet, to invest Rs 4,000 crore in next three years

The chocolate maker will expand capacity at its manufacturing facilities, build more warehousing capacity, and augment cold-chain facilities

Mondelez India is set to pump in Rs 4,000 crore between 2023 and 2026 to meet the growing demand for its products.

The maker of Cadbury Dairy Milk chocolates will make investments in manufacturing to expand reach. It will add capacity at existing factories, warehousing and logistics associated with factories, and augment its route-to-market, including investments in cold chain to reach rural markets, via chillers and refrigerators.

“We are seeing a very healthy volume growth trajectory. India remains a priority market for Mondelez International and we continue to accelerate our investments to grow our business here,” Deepak Iyer, managing director