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.


Google Secures Pentagon AI Deal for Classified Projects
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 



