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Havmor Ice Cream

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Havmor Ice Cream is an Indian ice-cream manufacturer and retail brand founded in 1944 and owned by Lotte Wellfood.

Last updated August 26, 2026

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Overview

Havmor Ice Cream is an Indian ice-cream manufacturer and retail brand with roots in Karachi, founded in 1944 by Satish Chandra Chona. The business began under the name “Have More,” when Chona, an engineer who had worked for BOAC, learned ice-cream making while assisting at his uncle’s restaurant. Following the Partition of India, he relocated first to Dehradun and then to Indore before establishing the business in Gujarat. The company eventually opened its first Gujarat outlet on Ahmedabad’s Relief Road, where the brand developed its long-term base. During the 1960s, the name was shortened and standardized as Havmor. The business grew from a local ice-cream shop into a broader manufacturing, parlour, dealer and distribution operation. Its portfolio includes packaged ice creams, frozen desserts, ice-cream cups and tubs, cones, bars, novelties, family packs and related frozen treats. The brand has also operated exclusive Havmor parlours, giving it a retail presence alongside conventional points of sale. Havmor expanded its product and marketing activity through partnerships. In 2013, it worked with Zydus Wellness, a Cadila Healthcare group company, on the sourcing of ingredients for its Sugar Free ice-cream range and on use of the Sugar Free brand. That year it also collaborated with the film Krrish 3 on specially packaged products, with actor Hrithik Roshan associated with the promotion. In 2020, Havmor launched Havmor Passport, a web series featuring actor Malhar Thakar and created by Manan Desai. The company changed ownership in 2017, when Lotte Confectionery, now Lotte Wellfood, acquired Havmor for a reported ₹1,020 crore. The transaction brought the Indian brand into the Lotte group while preserving Havmor as a consumer-facing name. In the following years, Havmor continued to expand its manufacturing and distribution footprint. It reported operations across more than 20 Indian states, hundreds of exclusive parlours, tens of thousands of dealers and a large network of selling points. Manufacturing facilities have been associated with Ahmedabad, Faridabad and Solapur, while Lotte announced plans for a new greenfield facility at Talegaon near Pune. Havmor has also extended its distribution capabilities beyond ice cream. In 2021, ITC Master Chef partnered with the brand to distribute frozen snacks through Havmor ice-cream carts in Delhi-NCR. In 2024, Lotte Wellfood was reported to be consolidating its Indian subsidiaries, including Lotte India and Havmor Ice Cream, into an integrated Indian entity referred to as One India. Havmor therefore occupies a dual position: it remains an established Indian ice-cream brand with strong regional heritage while operating within the manufacturing, investment and distribution structure of a multinational food group.

History

Havmor Ice Cream traces its origins to 1944, when Satish Chandra Chona established an ice-cream business called Have More in Karachi, then part of British India. Chona had trained as an engineer and worked for BOAC, but developed practical knowledge of ice-cream production while helping at his uncle’s restaurant. The upheaval surrounding Partition led him to move to Dehradun, where he restarted the business through a small shop. He later moved to Indore and ultimately Gujarat, establishing an outlet on Ahmedabad’s Relief Road. The brand name changed from Have More to Havmor during the 1960s. From its Gujarat base, the company developed into a manufacturer and retailer with branded parlours, packaged products and a large dealer network. Its growth model combined local retail visibility with expansion through distributors and selling points. The brand’s offering broadened to include tubs, cups, cones, bars, family packs and other frozen desserts, while its parlours provided direct consumer access. Havmor pursued product and brand partnerships as it expanded. In April 2013, it collaborated with Zydus Wellness on ingredients and brand usage for a Sugar Free ice-cream range. It also used entertainment marketing, including a 2013 collaboration linked to the film Krrish 3 and an endorsement association with Hrithik Roshan. In 2020, the company released Havmor Passport, a web series featuring Malhar Thakar and created by Manan Desai. A major structural turning point came in 2017, when Lotte Confectionery acquired Havmor for a reported ₹1,020 crore. The acquisition transferred ownership from the Chona family business to the South Korean Lotte group, while Havmor continued to operate as a distinct consumer brand. Lotte’s ownership supplied additional capital and a platform for wider Indian expansion. Havmor’s later operating footprint included activity in more than 20 Indian states, a network of exclusive parlours, more than 60,000 dealers and approximately 70,000 selling points. Manufacturing has been associated with facilities in Ahmedabad, Faridabad and Solapur, with the Solapur facility launched in 2019. In 2021, the company broadened its channel role through a partnership with ITC Master Chef, using Havmor carts to distribute frozen snacks in Delhi-NCR. In January 2023, Lotte announced a planned ₹4.5 billion investment in its Indian ice-cream operations to establish a greenfield facility at MIDC Talegaon near Pune over five years. In 2024, reports described a planned consolidation of Lotte India and Havmor Ice Cream into an integrated Indian organization called One India. These developments indicate a continuing transition from a family-founded regional ice-cream company into a nationally scaled business within a multinational food group.

  • 2024

    Reported Indian subsidiary consolidation

    [1]

    Lotte Wellfood was reported to be consolidating Lotte India and Havmor Ice Cream into an integrated entity known as One India.

  • 2023

    Planned Pune-area greenfield plant

    [1]

    Lotte announced a ₹4.5 billion investment over five years for a new plant at MIDC Talegaon in Pune, Maharashtra.

  • 2021

    Frozen-snack distribution partnership

    [1]

    Havmor partnered with ITC Master Chef to distribute frozen snacks through its carts in Delhi-NCR.

  • 2019

    Solapur manufacturing facility launched

    [1]

    Havmor added a manufacturing facility in Solapur, Maharashtra.

  • 2017

    Acquired by Lotte Confectionery

    [1]

    Lotte Confectionery acquired Havmor for a reported ₹1,020 crore.

  • 2013

    Sugar Free product partnership

    [1]

    Havmor partnered with Zydus Wellness on ingredients and use of the Sugar Free brand for an ice-cream range.

  • 1960

    Brand renamed Havmor

    [1]

    During the 1960s, the business changed its brand name from Have More to Havmor.

  • 1944

    Business founded as Have More

    [1]

    Satish Chandra Chona founded the ice-cream business in Karachi under the name Have More.

Products and positioning

An Indian heritage ice-cream brand combining accessible packaged products, parlour retail and broad distribution with the manufacturing and investment resources of Lotte Wellfood.

  • Ice cream

    Packaged ice creams

    Havmor’s core portfolio consists of packaged ice creams sold through dealers, retail outlets, parlours and other selling points. The range spans individual portions and larger packs designed for household consumption, with the brand using its distribution network to reach urban markets across India.

  • Retail desserts

    Ice-cream parlour range

    Havmor parlours provide a branded retail setting for scoops, cups, cones, sundaes and other ice-cream servings. The parlour network is an important part of the brand’s direct-to-consumer presence and complements its packaged-product distribution.

  • Specialty ice cream · 2013

    Sugar Free ice cream

    The Sugar Free range was developed with Zydus Wellness, combining Havmor’s ice-cream manufacturing and branding with the Sugar Free brand associated with Zydus. The partnership focused on ingredients and a reduced-sugar-oriented product proposition.

  • Frozen foods · 2021

    Frozen snacks distribution range

    Through its 2021 partnership with ITC Master Chef, Havmor’s carts in Delhi-NCR were used to distribute frozen snacks in addition to ice-cream products. This represented a channel extension rather than a confirmed change to Havmor’s core branded portfolio.

Marketing campaigns

  • 2020Havmor Passport

    India

    Havmor launched a web series titled Havmor Passport, featuring actor Malhar Thakar and written and directed by Manan Desai.

    Outcome. The initiative gave the brand an entertainment-content format for digital engagement.

  • 2013Krrish 3 collaboration

    India

    Havmor collaborated with the film Krrish 3 on a custom-packaged ice-cream range and associated the promotion with actor Hrithik Roshan.

    Outcome. The campaign connected Havmor with a major Indian film release and expanded its entertainment-led brand marketing.

Brand decisions

  • 2023

    Invest in a new Pune-area manufacturing plantStrategy

    Background

    Lotte sought to expand its Indian ice-cream manufacturing capacity and support Havmor’s national growth.

    Action taken

    Lotte announced a planned ₹4.5 billion investment over five years in a greenfield facility at MIDC Talegaon near Pune.

    Aftermath

    The planned facility was intended to strengthen production capacity in India; the ultimate completion status is not established by the supplied material.

    Planned investment. ₹4.5 billion (Five-year plan announced in 2023)

  • 2021

    Use Havmor carts for frozen-snack distributionStrategy

    Background

    ITC Master Chef sought distribution support for frozen snacks in the Delhi-NCR market.

    Action taken

    Havmor partnered with ITC Master Chef to distribute frozen snacks through Havmor ice-cream carts.

    Aftermath

    The arrangement broadened the commercial use of Havmor’s mobile retail and distribution infrastructure.

  • 2017

    Sell the company to Lotte ConfectioneryM&A

    Background

    Havmor was a family-founded Indian ice-cream business seeking a path to faster growth and wider national reach.

    Action taken

    Lotte Confectionery acquired Havmor for a reported ₹1,020 crore.

    Aftermath

    Havmor became part of the Lotte group while retaining its established consumer brand identity.

    Acquisition consideration. ₹1,020 crore (2017)

  • 2013

    Enter the Sugar Free ice-cream segmentStrategy

    Background

    Havmor sought to extend its product range with a specialty ice cream offering associated with the Sugar Free brand.

    Action taken

    The company partnered with Zydus Wellness to source ingredients and use the Sugar Free brand for the range.

    Aftermath

    The partnership added a health-oriented product proposition to Havmor’s portfolio.

Recent events

  • Reported

    Havmor Ice Cream appoints Komal Anand as managing director[2]

    Havmor Ice Cream appointed Komal Anand as its managing director, effective January 12, 2021.

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