David Blecken
Jul 23, 2010

Maxus India secures planning and buying for Parle

MUMBAI - Parle, India's largest manufacturer of biscuits and confectionary, has appointed Maxus to handle its media planning and buying business.

Maxus India secures planning and buying for Parle

The account is worth an estimated US$15 million in billings for the GroupM agency.

Parle holds a 40 per cent share of the domestic biscuit market, and a 15 per cent share of the confectionary market in the country. Its products include Parle-G, which claims to be the world's biggest-selling biscuit.

The appointment follows Maxus' win of L'Oreal's $40 million account, also in India, earlier this week.

In May, Maxus India was appointed agency-of-record for financial services company Manappuram. The wins represent a combined growth in business of over 25 per cent for the agency.

 

Source:
Campaign Asia

Related Articles

Just Published

2 hours ago

Agency Report Card 2024: Dentsu Media

Dentsu Media navigated a turbulent 2024, marked by financial pressures, leadership instability, and structural reorganisation, even as it pushed forward with AI investments and selective market successes.

2 hours ago

Agency Report Cards 2024: We grade 25 APAC networks

The grades are in for Campaign Asia's 22nd annual evaluation of APAC agency networks. Subscribe to read our detailed analyses.

3 hours ago

Google enhances ads portfolio with new AI-powered ...

The tech giant unveiled a series of updates to Google Ads, analytics and search, including launching agentic AI tools.