date:Oct 11, 2012
from 50 gm in 2005 to 300 gm now and there is a lot of scope to grow even further, says the analysis.
The industry caters to a variety of consumers with over 65 per cent of the consumption being in the urban market. However, over the years, chocolate is increasingly becoming popular among Indians and gradually replacing traditional sweets.
The key challenges that the chocolate market is facing in India are inflationary pressures on raw material prices, lack of government initiative, high entry