Lotte Confectionery to build 2nd Choco Pie plant in India

By Park Sae-jin Posted : February 19, 2014, 17:11 Updated : February 19, 2014, 17:11
Lotte Confectionery Co., South Korea’s biggest confectionery company, said Wednesday that it plans to build its second plant to produce Choco Pie, a popular marshmallow sandwich snack, in India.

Completion is due for July next year, the company said.

The plant with a combined floor space of 24,500 square meters will be built in the northern province of Haryana at a total cost of 66 billion won. It will produce Choco Pies worth 38 billion won a year.

Lotte Confectionery built its first Choco Pie plant in India in 2010. It is located in Chennai, southern India.

The company said its sales in India reached 100 million won last year.

Choco Pie, a small round chocolate-covered pie with a marshmallow center, is one of the company's flagship products.
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