India is currently one of the fastest-growing chocolate markets, with demand steadily rising over the past years. But chocolate producers are struggling.
An increase in chocolate consumption in Asia has forced top producers of the cocoa bean, such as Indonesia & Malaysia, to import from Africa and South America.
Not very long ago, chocolate was far from the creamy, rich delicacy it is today. Back in the 19th century, it was brittle, hard, and not quite a favoured sweet.
The global chocolate market shows no sign of slowing down with the three main cocoa processing regions reporting a rise in cocoa demand in the third quarter from a year earlier.
Indians have a fling for anything sweet and chocolate has become one of their favourite treats as they perceive it as healthy, hence they do not hesitate when it comes to snacking.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
What a stupid ad. Cannot believe that in a bid to attract attention of the target audience, content would be so hugely compromised by such an established and iconic brand. Who is the brand manager at Cadbury’s? Someone from reservation quota?
A brilliant ad . Sums up the dilemma of the time.
What a stupid ad. Cannot believe that in a bid to attract attention of the target audience, content would be so hugely compromised by such an established and iconic brand. Who is the brand manager at Cadbury’s? Someone from reservation quota?