₹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