₹2 crore in compensation for alleged unfair trade practices by Parle Argo. In 2017, PepsiCo began producing Doritos in India at its Kolkata plant.
Doritos is a popular snack brand, worth billions of dollars in the US. PepsiCo, known for brands like Lay's, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, and Quaker, reported double-digit organic revenue growth in the first quarter of 2023.
Parle Argo, meanwhile, is also embroiled in a trademark case involving Intercontinental Great Brands, which owns the Oreo brand of biscuits. This case relates to vanilla cream-filled chocolate biscuits called Fabio/Fab!o and their alleged resemblance and deceptive similarity to Oreo biscuits.
In February, a single bench of the Delhi high court issued an interim injunction prohibiting Parle from selling Fabio Biscuits, noting that they had infringed on registered trademarks. Parle has challenged the order.. Read more on livemint.com