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𝗧𝗵𝗶𝘀 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝘀 𝗽𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝟰𝟬,𝟬𝟬𝟬-𝟱𝟬,𝟬𝟬𝟬 𝗹𝗶𝘁𝗲𝗿𝘀 𝗼𝗳 𝗶𝗰𝗲 𝗰𝗿𝗲𝗮𝗺 𝗽𝗲𝗿 𝗱𝗮𝘆. Founded in 1944 by engineer Satish Chandra Chona in Karachi (pre-Partition), later relocated to Ahmedabad post-1947 Partition Started as a handcart business at Ahmedabad Railway Station, later grew into a major brand The name "Havmor" is a creative take on "Have More" Headquartered in Ahmedabad, Gujarat, with operations in over 20 Indian states Network includes more than 60,000 dealers and 216 exclusive parlors Acquired by South Korea’s Lotte Confectionery in 2017 Key leaders: Komal Anand (Managing Director), Kyungwoon Cho (Chairman) Employs approximately 741 people Manufacturing units located in Ahmedabad, Faridabad, Solapur, and Pune Offers over 150 ice cream variants including cones, cups, candies, and family packs Earned ₹1,200 crore revenue in FY 2023 Holds 12.5% national market share and leads Gujarat with 35% share Strategy emphasizes steady, region-specific growth rather than rapid national expansion Focus on high-quality, real dairy ingredients and innovative product development Launches festival-specific flavors tailored to regional preferences (e.g., Diwali, Janmashtami) Invests in cold chain logistics and premium packaging for product quality and shelf life Competes with major brands like Amul, Kwality Wall’s, Vadilal, and Naturals Actively markets through social media and digital platforms to attract younger audiences Plans include boosting premium range and leveraging quick commerce for impulse sales Recognized with multiple ‘Times Food Awards’ including Best Ice Cream Shop in Ahmedabad. Follow me vishakha Jangir for more such business insights.