Cadbury renamed as “Mondelez India Foods Limited.”
The multinational confectionery company, Cadbury India Ltd, a subsidiary of Mondelez International Inc, has changed its name to Mondelez India Foods Limited. This is in line with the gradual changeover of the name of all subsidiaries of the Nasdaq-listed $35-billion firm globally.
The company’s popular products include Cadbury Dairy Milk, 5 Star, Gems, Bournville, Perk, Celebrations, Choclairs, Halls, Bournvita, Tang, Oreo, etc. While the Cadbury branding will be retained on the products owing to the strong brand equity and recall it enjoys with customers, the only change consumers will experience is that the new name “Mondelez India Foods Limited” of the company will appear on the back of packaging of products.
Categories: Business & Economy Current Affairs 2017