South Korean confectionery Orion Corp. has set up a 17,562-square-meter plant in Rajasthan, India to respond quickly to local market demands and cut back on logistics costs.
The Indian plant would be the 10th overseas factory for Orion, which also has plants in Vietnam, China, and Russia.
Although Orion owns the Indian facility, its local partner, processed food manufacturer Mann Ventures will oversee the plant operation. Orion's India-based office will take care of sales and marketing.
Orion offers products tailored to local palates and is expected to use the same strategy in India.
In October 2018, Orion set up a corporate body in India named Orion Nutritionals while distributing and selling products brought in from its Vietnam-based plant.
India boasts a confectionery market valued at around 17 trillion won annually.
Over 60 percent of Orion's sales are from overseas, with China accounting for 48.4 percent of sales, Vietnam with 12.1 percent, and Russia with 3.4 percent. Local sales accounted for 35.9 percent.


TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 



