Adani-backed Cococart expects appetite for imported chocolates to grow despite higher costs, shipping disruptions

For a business reliant on imported chocolates, the past few years have brought almost every challenge imaginable: rising prices, a weakening rupee and, this year, shipping disruptions due to conflicts on key trade routes. But Adani-backed premium chocolate retailer Cococart expects the country’s appetite for imported confectionery to grow due to impulse buying, flash trade sales and expansion into international food and beverages.

The company is acquiring Belgian chocolate maker Belvas, Italian chocolate and ice cream chain Venchi, French bakery-café Le Pain Quotidien and Italian coffeehouse brand Caffè Pascucci.