Company Overview of Mondelez India Foods Limited
Mondelez India Foods Limited manufactures and sells food products in India. The company offers chocolates under the Cadbury Dairy Milk, Celebrations, Bournville, 5 Star, Perk, Gems, Toblerone, and Choclairs brand names; and produces, purchases, and sells milk. It also provides malted food drink under the Cadbury Bournvita brand name; powdered beverage under the brand name of Tang; biscuits under the Oreo brand name; medicated candy under the brand name of Halls; and bubble gum under the Bubbaloo brand name. Mondelez India Foods Limited exports its products to Bangladesh, Sri Lanka, Maldives, the United States, Bahrain, and Kenya. The company was formerly known as Cadbury India Limited and ch...
19, Bhulabhai Desai Road
Founded in 1948
Key Executives for Mondelez India Foods Limited
Finance Director and Executive Director
Vice President of Legal Affairs and Corporate Legal Counsel
Compensation as of Fiscal Year 2014.
Mondelez India Foods Limited Key Developments
Cadbury India to Relocate Mumbai Headquarters to Lower Parel
Nov 22 13
Cadbury India's headquarters will now be shifted to central Mumbai's Lower Parel and the chocolate maker has picked up 0.1 million sq ft office space spread over four floors at Indiabulls Finance Center on a 9-year lease for this. The headquarters of Mondelez International's India arm on South Mumbai's Pedder Road will be shifted to this office following the conclusion of outright sale of Cadbury House.
Cadbury House Sale May Be Put On Backburner
Jul 6 13
Cadbury India Ltd. plans to sell its head office, Cadbury House, in South Mumbai may have to be put on the backburner. Cadbury has vast acres of land in Thane, too, where its factories are located. Since selling factory land is not easy, Cadbury had decided to sell its corporate office and residential building named Bournville at Peddar Road, which would have fetched at least INR 30 billion. C.Y. Pal, Non-Executive Chairman, Cadbury India, said, “The sale of Cadbury House may or may not happen. If at all there is a shift (of operations), it will happen at our existing properties in lower Parel, but going to Thane is not going to happen immediately and will be a long haul.” However, selling a corporate property along with a residential building may not be easy in Mumbai. Analysts in the real estate sector said that any buyer would not like to invest in a mixed development property especially in South Mumbai, as they have to redevelop the property after buying it.
Cadbury House Put Up For Sale
May 23 13
Cadbury India Ltd. has put its headquarters Cadbury House up on market. It has also hired Cushman & Wakefield to help in the sale process. "The Cadbury India business has demonstrated tremendous growth in the last few years.In order to meet the current needs and future potential of the business,the company has decided to relocate its headquarters from Cadbury House to more suitable premises befitting a modern,multinational company committed to India's future," a Cadbury India spokesperson said.
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