Which company owns Parle-G?
Parle Products Private Limited
Parle Products Private Limited is an Indian food products company. It owns the famous biscuit brand Parle-G. In 2019, it had a 7% share of the global biscuit market, growing to 50% by of 2020.
Who is the director of Parle?
Directors of Parle Products Private Limited are Arup Sharad Chauhan, Ajay Vijay Chauhan, Vijay Kantilal Chauhan, Samar Sharad Chauhan, . Parle Products Private Limited’s Corporate Identification Number is (CIN) U15400MH1950PTC008334 and its registration number is 8334.
Is Parle an Indian company?
Headquartered in Mumbai, with over 4000 employees, Parle Agro is the largest Indian beverage company.
Why is Parle-G successful?
To counter this trend, Parle launched ‘Parle Gluco’ which was an affordable biscuit meant for the consumption of common people. Since it was made in India, it was cheap and accessible. It became quickly became very popular among Indians. It also became the British-Indian army’s go-to biscuits during World War II.
Is Parle and Parle Agro same?
Both Parle Agro and Parle Product belong to the Parle group, founded by Mohanlal Dayal Chauhan in 1929. The name Parle was derived from the Mumbai suburb of Vile-Parle. The group split later and Parle Agro and Parle Product became separate entities. The products carried the words ‘Parle Confi’ on the packaging.
How many products are in Parle?
Our variety of Parle Biscuits consists of Parle Cream Biscuits, Parle Hide & Seek Biscuits, Parle 20-20 Biscuits, Parle Krackjack Biscuits, Parle Marie Biscuits, Parle Monaco Biscuits and Parle-G Glucose Biscuits.
Is the Parle G brand an established brand?
Parle-G is an established company globally, but it currently faces a huge problem. This is caused due to the increase in prices of raw materials, resulting in falling profit margins. It is a market leader for the established product Parle-G. It also has the largest distribution network. Nevertheless, Parle-G has no staunch brand loyalty.
Which is the best case study for Parle G?
The Objective of the case study is to find out the reasons for the preference of people in Glucose biscuit also to know why Parle-G is no. 1 in glucose biscuit market. Further, it also brings to focus the infrastructure available to the company which helps it to maintain supply and the awards it has won over the years.
What is the life cycle of Parle G?
Parle Agro – Product Life Cycle 10 9 8 7 Life 6 5 4 3 2 1 0 Introductory (Bread Cake) Growth (Frooti) Maturity (Parle-G) Product Decline (Appy, Hide&Seek) 9. Imports & Exports The immense popularity of Parle products in India was always a challenge to their production capacity.
Which is the latest marketing strategy of Parle?
LATEST STRATEGY: As part of its marketing initiative, Parle Products has recently adopted a major pricing strategy whereby a 5 kg ‘Parle-G’ Atta will be available to consumers and, along with ‘Parle- G’ biscuit pack for free at Rs 90.