Team Member:-Priyanka Gupta Nirmal Kaur Junaid Ritu Lovely
Team Member:-Priyanka Gupta Nirmal Kaur Junaid Ritu Lovely
OVERVIEW
Team member:-
Priyanka gupta
Nirmal kaur
Junaid
Ritu
Lovely
The Ice Cream Industry: An
Overview
Looking at some industry facts first. In 2007, the global market of ice
creams was pegged at $61.6 billion in terms of retail value or 15
billion liters in terms of volume. Of this, the Asia-Pacific ice cream
market was worth $13 billion in terms of retail value and 5,128
million liters in terms of volume. Coming to India, the Indian ice
cream industry is currently estimated to be worth Rs. 2,000 crores,
growing at a rate of approximately 12%. RS Sodhi, Chief General
Manager of Gujarat Co-operative Milk Marketing (GCMMF), the
makers of ‘Amul,’ explains, “The ice cream market in India can be
divided into: the branded market and the grey market. The branded
market at present is 100 million liters per annum valued at Rs. 800
crores. The grey market consists of small local players and cottage
industry players.” In 2008-09, in the branded ice cream market, Amul
held the number one spot, with a market share or 38%, followed by
Kwality Walls at 14%, Vadilal at 12% and Mother Diary at 8%.
The Challenges
There are several challenges that affect the industry adversely. The
industry players not only face competition from their competitors, but
also from other like foods. Though changing, consumers still consider
ice cream as a dessert and a side item. Sharing his experience,
Sidharth Jaiswal of Joos, a juice bar chain, says, “We had introduced
ice creams on an experimental basis in our juice outlets in
Ahmadabad. We observed that consumers ordered ice creams as a side
item or only when they were accompanied by children. We eventually
decided not to move ahead with it.” Moreover, of the ice cream
consumption in India, nearly 60% is accounted to by three flavors of
vanilla, strawberry and chocolate. And to be on the safer side, major
players tend play around these flavors only. For big players, regional
competition from smaller players is another major issue.
The Challenges
Another major problem faced by the industry
players, especially while expansion, is poor
infrastructure such lack of cold storage and in case
of rural penetration, even erratic power supply
becomes an issue. This is especially true for big
players. Manish Vithalani says, “Besides the
presence of other players, another hurdle is the the
high rent charged for floor space, especially in
malls. This also becomes a problem when we try to
expand.”
The most demanded brands in the
world of ice creams
Paramjeet Singh, the Founder of Gianis Ice
Creams
HOW THEY GREW?
Your Love and Trust has helped us grow, and grow at a rate not many
can match. Here is a glimpse of how we grew.
1956 : The first outlet of Giani’s is set up in Fatehpuri under the name
1970s & 80s : New Products and Categories added to the Menu.
2009 : Giani’s bursts into expansion mode and reaches the landmark
figure of 20 outlets.
2010 : Today, Gainis is present across NCR with 21 outlets, serving
“He told me, never lose touch with Delhi’s middle class, the aam aadmi. He said when the going gets
tough, always go for what the middle class prefers,” Singh says while talking about the year-long
economic downturn. “How handy that advice proved to be.”
Gianis, Delhi’s very own ice-cream maker, is expanding fast. Over the past month alone, it has
expanded its chain of stores across the city from 13 to 25, defying a credit crunch and general gloom
in the market, and leaving its competitors guessing.
In doing so, Gianis has, in its own small way, contributed its bit to keeping the country’s economic
growth engine chugging at a healthy pace.
And that one advice 20 years ago from the founder, late Giani Gurcharan Singh, helped it develop a
business model that is his son says, is “downturn-proof”.
But Singh didn’t want to take any chances. Armed with an overdraft from a nationalised bank, he
devised a pricing policy, which allows middle class families of four to have a nice treat for less than
Rs 100.
“We serve either good old recipes or new flavours served with our old goodwill — and all are dirt-
cheap,” Singh lets out his secret. “We play the volumes game.” This alone won half the battle for
him.
Amid the usual new-age items, like gelatos, fruit creams and smoothies on his menu, Singh has
given the pride of place to decades-old money-spinners like the rabri falluda without touching the
recipe.
The launch of big name American brands or the presence of multinationals in India hasn’t affected
his prospects one bit. On the contrary, he has grown from strength to strength despite them.
“Ice cream always was the most inexpensive fun outing option for families. During an economic
downturn, it helps to keep it that way,” he says amid a sea of customers standing on the footpath
devouring Gianis delicacies at his oldest outlet in Fatehpuri in the Walled City. “You know, people
have ice cream even when they are down, to lift their spirits.”
Gianis’s deep connect with Delhi’s sweet tooth goes back a long way. And it began at the Walled
City, around 60 years ago.
In the early 1950s, Gyani Gurcharan Singh, a traditional sweetmeat maker in the then Layallpur
(Faislabad), Pakistan, migrated to Delhi.
He took a small space in Fatehpuri and set up his old business, naming it Giani di Hatti (Giani’s
shop). And his rabri falluda was an instant success.
When Paramjeet, “a simple graduate”, joined the business, he wanted to take it to the next level
but didn’t know how. So he travelled the world.
In Italy (“the best ice-cream makers”) he along with brother Amarpreet learned the skills of
making traditional gelato. And in the U.S. (“world’s biggest ice-cream market”), Singh saw how ice
cream could be a mass product without compromising quality.
“We bought two imported machines to introduce ice cream at our shop, which was till then selling
only falluda items,” he says.
“So in ’89, we were the first to take world-class ice cream to the masses. Until then, an average
Delhiite had not even eaten products made of crushed ice.”
In 1999, Gianis opened the first branch outside Walled City. Sometime later, families broke apart,
dividing the right to use the “Giani” brand name.
The growing popularity was evident as local spin-offs with names like Gian’s, Gunjan, Ginias etc
kept Singh’s lawyers busy. “Everyone wanted a piece of our goodwill.”
Gurpreet Singh, Paramjeet’s son, an MBA from Leeds, started the second wave of the
modernisation two years ago.
“My job is to retain what my father has built and add to it if I can,” he says.
So, at new outlets in glitzy malls and elsewhere, Gianis has a new avatar. The uniformed
staffs speak in English; the packaging is on a par with the best industry standards, and
the decor at certain places reminds of Haagen-Dazs in New York.
The market, too, has changed.
The middle class, perhaps, has more lifestyle aspirations now than before. Paramjeet is
even thinking of exporting packed rabri falluda to London and the US.
“Now is the age of sugar-free ice-creams, fat-free sweets etc. Also, with winters becoming
hotter each year, we feel like having ice-creams throughout the year,” says Sukhbir
Oberoi (46), a resident of Rajouri Garden, who grew up on Gianis products.
“They have adapted with the change beautifully.”
What has not changed is the Singhs’ loyalty to that one invaluable advice
from the grand old man two decades back.
“We have seen many ups and downs,” says Satish Sharma, the oldest
manager of the business in the Walled City. The Singhs call him muneemji.
“But as long as Delhiites have a sweet tooth, no downturn can affect us.”
Client Satisfaction
Further, we make sure that our ice creams retain their original taste and flavor, and for that
we store them under requisite temperature. Our continuous efforts towards processing new
flavors have enabled us to gain trust and support of our clients, situated all over India.
Some of the reasons, which have made us most preferred choice of our clients, are as
follows:
Quality and hygienic food products
Qualified professionals
Advanced warehousing facility
In-house facilities
Transparent business policies
QUALITY ASSURANCE
We process our range of ice creams & other products under stringent quality
norms. We prepare these ice creams using milk, cream, chocolate, fruits and other
natural ingredients to assure high nutritional value and low fat content. Further,
our quality controllers keep a strict vigil on entire process to ensure accurate
addition of ingredients. They also check our entire assortment on following
parameters: