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Parle-G

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Journey of Parle-G started in 1939, when Parle Product Pvt. Ltd launched its first biscuit brand in India. A cream-coloured, yellow-stripped, wax-paper wrapper with a photo of a cute young girl, containing 10-12 biscuit with the company's logo on it and you would know these are Parle-G biscuits. Over the years, many varieties of biscuit came and went but nothing much has changed with this biscuit, except for packs. Even after 75 years of its birth, it is still known for its superior quality and taste across the length and depth of the country.
Parle-G, being the world’s largest selling biscuit brand, accounts for more than half of the total revenue of the company (Business Standard, 2011). Although in past few years, there has been a consistent decline in its sales growth, it still maintains the superior position in the biscuit market

Biscuit Industry overview
Indian biscuit industry:-
The biscuit market in India is estimated to be Rs 10,000 crore (US$ 1.84 billion) and the industry is also gearing up to aggressively tap the medium and premium segment within the country over the next couple of years. While the growth rate has been stagnating during last 4 years, it picked up momentum during the 2008-09 mainly on account of exemption from Central Excise Duty on biscuits with MRP up to Rs.100/per kg, as per Union Budget for 2007-08.However growth further declined from 2009-10 to 2011-12 and the first half of 2012-13.
Despite of being moderately attractive industry, there has been a significant growth in numbers of domestic and international biscuit companies in the industry. Current top biscuit manufacturers in the industry are Britania, Parle and ITC, with Britania is leading with 35% of total biscuit market. All these companies have range of biscuit varieties in their biscuit-portfolio.
Glucose-biscuit market segment:-
Broadly, biscuits can be categorized

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