After 87 years, the owners of Parle-G have decided to close its factory in Vile Parle but will not sell the prime land which also hosts the Parle Products Headquarters. Production of the ₹5 biscuit packets stopped weeks ago, and the 300 employees have reportedly opted for voluntary retirement.
Parle G, which was first called Parle Gluco in 1939 but later adopted the current name in 1980, is the most consumed brand of biscuits in India. Nearly 400 million biscuits are produced daily. Parle-G makes up 40% of the total biscuit market share in the country.
The factory first started producing candies in 1929, but later shifted to biscuits. Parle-G was christened after the location. According to reports, some residents remain confused as to which came first, the name of the area of the biscuits!
The owners, the Chauhan family, have decided to close the manufacturing unit due to diminishing production output which has become negligible in the last few years.
If you were wondering, Parle-G will continue to be available in the market!