Perfetti Van Melle India MD calls for value-led consumer growth at GoaFest

Nikhil Sharma said India’s growth model should move beyond volume toward innovation, premiumisation and R&D. The confectionery maker highlighted its 6 million-outlet distribution reach and three Indian manufacturing facilities.

— Source publishedTue, 21 Jul, 2026, 19:33 IST·First seen Tue, 21 Jul, 2026, 19:43 IST·Source The Hindu BusinessLine

What happened

Perfetti Van Melle India MD Nikhil Sharma said India’s consumer-growth model should shift from volume to value through innovation, premiumisation and R&D. The

Key facts

  • 6 million outlets
  • 3 manufacturing facilities
  • 1994 India operations start
  • 32 years since inception

Why this matters

Perfetti Van Melle may be a more relevant partner or target for capabilities in premium confectionery, consumer insight and India-focused R&D than for distribution expansion.

What to watch

  • New premium or functional confectionery launches and stated premium-SKU revenue mix.
  • Evidence of higher advertising, innovation or manufacturing-capex spend in India.
  • Price increases, larger pack sizes or new entry price points across core brands.
  • Quick-commerce and modern-trade assortment expansion versus general-trade-only distribution.
  • Competitor moves from Mondelez, Mars, Hershey and regional players in premium, gum and reduced-sugar categories.
  • Increase launches in premium candy, gum, center-fill, functional and adult-consumption segments.
  • Test price-pack architecture that bridges impulse price points and premium margins.
  • Allocate more shopper marketing and display investment to modern trade, quick commerce, travel retail and gifting occasions.
  • Localize R&D around Indian flavor preferences, reduced-sugar demand and heat-resistant product formats.
  • Use the existing distribution base to improve premium-SKU availability before pursuing major outlet expansion.