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Home Investment

New location for #Callebaut

Fiinews by Fiinews
August 5, 2016
in Investment
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New location for #Callebaut

UTI FUND

The Barry Callebaut Group, the world’s leading manufacturer of high quality chocolate and cocoa products, has relocated Callebaut® CHOCOLATE ACADEMYTM center and sales office in Mumbai, from its previous home which opened in 2008.

The center, opened Augusut 4, 2016,  serves as a venue for the exchange of technical skills, training, dialogue and the sharing of love for all aspects related to chocolate and cocoa products.

It is one of 19 training centers managed by the company’s gourmet division, around the world, and one of four in the Asia Pacific, with other centers being located in Singapore, Shanghai (China) and Tokyo (Japan).

As the most important partner for kitchen and pastry chefs, chocolatiers, bakers and caterers, Callebaut®, the Belgian chocolate brand of Barry Callebaut, represented one of the largest supporters of chocolate artisan.

India is one the fastest growing confectionery markets globally (CAGR of 12% over 2015-2020). The average unit price in India grew by 8% in 2015 and premiumization is expected to fuel chocolate sales further in India, it cited Euromonitor report.

The Mumbai center will be integrated into the network of the company’s 18 other such training centers all around the world. fii-news.com

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