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Unilever's Spun Off Ice-Cream Division To Set Up A Global Capability Centre In Pune

  • Unilever's spun-off ice cream division, The Magnum Ice Cream Company, has entered a memorandum of understanding with the Maharashtra government to establish a Global Capability Center in Pune.
  • The investment is worth Rs 900 crore, and it is expected to create over 1,000 jobs.
  • The announcement was made at the India Global Forum event in the presence of Maharashtra Chief Minister Devendra Fadnavis and other officials.
  • The ice cream division, which includes brands like Kwality Walls, Magnum, and Cornetto, had recently undergone a demerger from the parent company and aims to strengthen its position in the Indian market.

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