July 25, 2014 10:04 PM ET

Food Products

Company Overview of Parle Products Ltd.

Company Overview

Parle Products Ltd. manufactures, markets, and sells biscuits and confectioneries. It offers glucose, milk, sweet and salted cream, wafer crème, cumin seed, and cheese biscuits; toffees and hard-boiled candies in chocolate, mint, cola, and tropical fruit flavors; and snacks, including chips and wafers. The company sells its products to customers in India, the Middle East, Africa, South East Asia, the United States, the United Kingdom, Canada, Australia, New Zealand, and internationally. Parle Products Ltd. was founded in 1929 and is based in Mumbai, India.

V.S. Khandekar Marg

Vile Parle East

Mumbai,  400057

India

Founded in 1929

Phone:

91 22 6691 6911

Fax:

91 22 6691 6926

Key Executives for Parle Products Ltd.

Parle Products Ltd. does not have any Key Executives recorded.

Parle Products Ltd. Key Developments

Parle Products Ltd. to Shut Bangalore Plant

The labour department in an official order on August 3, 2013 permitted the Parle Products Ltd. to close the plant with effect from September 9, 2013. The company will shut down its plant in Bangalore from September 9, 2013. The company took the decision after a prolonged tussle with striking workers over many issues. The biscuit and confectionery manufacturer finally got the Karnataka government nod to close its plant.

Kraft Foods In Talks To Acquire Parle Products

Kraft Foods Group, Inc. was in talks to acquire Parle Products Ltd. over the last five years. When asked about exiting from the business, Vijay Chauhan, Chairman of Parle Products said, "Kraft Foods Inc. was in talks with us for the last five years. It wanted a controlling interest in our company, which we declined. We have had many suitors, but are not interested. As long as the boys want to run this business, we will be here."

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