India Review & Analysis

Gelato machine maker Valmar enters India

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European gelato and ice cream machine manufactur­er Valmar has entered the Indian market for its equipment, tying up with citybased Swedinox Impex.

“Headquarte­red in Slovenia, Valmar is a 11 million euro turnover company making about 1,000 machines per year. The company has tied up with Swedinox Impex for selling gelato making machines,” said Alberto, Asia Pacific Business Developmen­t Director at Valmar.

Originally from Italy, gelato contains less air and fat and more flavour as compared to ice cream and other frozen desserts and has more richness.

“The Indian ice cream and frozen dessert market is worth about INR140 billion and it is growing. The market is expected to touch Rs 238 billion by 2023. Gelato is a new segment. It is freshly made and does not

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