Financial Times FT.com

Cadbury sees India as cocoa growth market

By Joe Leahy in Mumbai

Published: May 31 2009 23:35 | Last updated: May 31 2009 23:35

Cadbury is looking to build on its dominant position in India’s chocolate market by turning the country into a regional centre for cocoa production.

The UK-based producer of brands such as Cadbury’s Dairy Milk and Bournville said India was proving to be one of its most resilient markets, with profit continuing to grow at about 20 per cent a year, and sales at 30 per cent – in spite of the global recession.

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