Parle Products was established in 1929 in Mumbai and began manufacturing biscuits in 1939. Parle-G biscuits were launched in 1947 and became India's largest selling biscuit. Parle-G maintains a 40% share of India's biscuit market and 15% of the confectionery market. It is affordable at Rs. 4 per pack and remains India's most popular biscuit brand due to its mass appeal, taste, and affordability. Parle faces competition from other big brands but maintains market leadership through effective low-cost marketing and quality products.