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Current Position:Home » News » Processed Foods » Confectionary » Topic

Chocolate Bliss announces expansion plans

Zoom in font  Zoom out font Published: 2012-05-29  Origin: FBR
Core Tip: Chocolate Bliss, which offers premium chocolates, pastries and beverages, is planning to expand its outlets in India, to meet the increasing demand for gourmet chocolates in the country.
The company plans to open additional outlets in Bengaluru, before it enters into Mumbai. It seeks to add stores in the lounge format, where the investment at each location would be around INR50,0000 ($8,890.47)

In addition, the company has partnered with Gourmet West at the Forum Mall, Bengaluru, to market its range of handmade breads. The range includes multigrain breads, burger buns, muffins, croissants and tea cakes.

However, the company has noted that the falling rupee and the rising fuel costs will force it pass on the additional cost to consumers. It expects to hike prices of its products at least by 8-10%.
 
 
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