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Creambell parent Devyani Food to venture into dairy industry

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Creambell, Ice cream, Devyani Foodm Dairy industry, Business news

Chennai: Creambell ice cream brand’s parent company Devyani Food Industries is looking at venturing into the dairy industry, said a top official today.

 

 

CEO Nitin Arora told media persons on the side lines of a company event, “We will be taking a call on venturing into the dairy segment. The milk market is regional in the sense, it has to be sold in the markets near to the plant. We just entered the non-dairy market.”

The company is part of the $1.4 billion turnover RJ Corp having beverages, quick service restaurants, life science, coffee chain and others within and outside India.

He was here to announce the Rs 505 crore turnover company’s foray into Tamil Nadu’s ice cream market with Creambell.

Queried about plans of promoting another brand catering to the premium market in the state, Arora said: “Currently Creambell will be the mother brand under which there will be sub-brands. We have completed the brand architecture study and a decision based on the study will be taken.”

 

 

Speaking about the Rs 5,000 crore ice cream industries, Arora said the sector is logging around 15 per cent annual growth.

“We expect to close this fiscal with a turnover of around Rs 600 crore. The last three months of the fiscal year gives nearly 50 per cent of annual turnover for an ice cream maker,” Arora said.

He said the Tamil Nadu market will be catered out of the company’s plant in Goa.

Devyani Industries has its ice cream plants in Himachal Pradesh, Goa and Uttar Pradesh with a cumulative capacity of 75,000 litres per annum.

The company is investing over Rs 150 crore in expanding its capacity.

According to Arora, Creambell ice cream has shop keeping units (SKU) starting at Rs 5 and going up to Rs 50 which is competitive compared to others in the market.

The company will also open its high-end parlours under the brand Scoopers.

 

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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