Vadilal
TypePublic
BSE: 519156
NSE: VADILALIND
IndustryConglomerate
Founded1907 (1907)
HeadquartersAhmedabad, Gujarat, India[1][2]
Key people
Ramchandrabhai Gandhi (chairman emeritus)

Virendra R Gandhi (chairman & managing director) Rajesh Gandhi (managing director)

Devanshu Gandhi (managing director)
Products
RevenueIncrease ₹1,057 crore (US$130 million) (FY23)[3]
Increase ₹96 crore (US$12 million) (FY23)[3]
Number of employees
1,000
ParentVadilal Group
Websitevadilalicecreams.com

Vadilal Industries is an Indian multinational company specializing in ice cream and frozen food products. The company was established in 1907 by Vadilal Gandhi in Ahmedabad.[4]

History

Vadilal House, Ahmedabad

In 1907, Vadilal made its foray into the world of frozen desserts, crafting its first ice cream using a hand-cranked machine known as a kothi. [5] Later, in 1926, Vadilal introduced its dedicated ice cream parlours, as well as began offering home delivery.

The brand introduced the Cassata to Indian audiences in 1950. Vadilal expanded their market presence across the nation in 1985. This was followed by the introduction of India’s first automated ice cream candy line machinery.

In 1989, the company successfully went public and launched its IPO.  This was followed by the opening of their first ice cream plant in Bareilly, Uttar Pradesh in 1993. Two years later in 1995, they began exporting their sub-brands to over 26 countries.

In 2012, the company introduced an extrusion machine and cone-making machine.[6]

In 2017, Vadilal unveiled a new logo accompanied by the tagline, “Dil Bole Waah Waah Waah”.

Products

Vadilal produces ice cream in a variety of forms, including cones, candies, bars, ice-lollies, cups, family packs, and economy packs, with numerous flavour options.[7] All their products are vegetarian and free of eggs.

In the 1990s, Vadilal diversified its business by entering the processed foods industry, utilizing its cold chain network. In addition to its traditional ice cream business, the company serves both domestic and export markets with a range of products, including frozen vegetables, ready-to-eat snacks, curries, and breads. The company received a certification in 2013 for meeting the global standards for food safety by the Bureau Veritas.[6]

In 2011, the brand released a new range of ice creams including Flingo cones and Badabite bars, as well as a premium line of ice cream tubs called the Gourmet Premium Ice Creams.[7]

They also introduced a Gourmet Natural Tub line in 2021, which focuses on traditional Indian dessert flavours like gulab jamun, falooda, and kesar rasmalai among others.

In 2021, Vadilal introduced Vadilal Now For Ever cafe in Ahmedabad, Gujarat.

As of 2023, the company has a network of over 125,000 dealers across India.[8]

See also

References

  1. ↑ Neera Bhardwaj, TNN (25 September 2001). "Vadilal plans big push into Delhi". Timesofindia.indiatimes.com. Retrieved 22 July 2010.
  2. ↑ "Edelweiss | Online Share Trading India | BSE Sensex Today Live | Indian Stock Market | Equity, Currency Derivatives".
  3. 1 2 "VADILAL INDUSTRIES 2022-23 Annual Report Analysis". EquityMaster. Retrieved 23 November 2023.
  4. ↑ "How Vadilal Gandhi went from selling fountain soda on street to building Rs 1900 crore ice cream empire". DNA India. Retrieved 28 September 2023.
  5. ↑ "100 Years Of Vadilal: How A Soda Shop Became One Of India's Biggest Ice Cream Brands". News18. 27 June 2023. Retrieved 28 September 2023.
  6. 1 2 "Vadilal". www.vadilalicecreams.com. Retrieved 28 September 2023.
  7. 1 2 "Vadilal". www.vadilalicecreams.com. Retrieved 28 September 2023.
  8. ↑ "Vadilal". www.vadilalicecreams.com. Retrieved 28 September 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.