The chocolate industry in India is worth Rs. 2000 crore and is growing at 18-20% annually. Cadbury and Nestle dominate the market, with Cadbury holding the largest market share. Cadbury first entered India in 1948 and has since launched several popular chocolate brands like Cadbury Dairy Milk, 5-Star, Perk, and Gems to target various age groups and social classes. Perk was launched in 1995 as a competitively priced wafer chocolate. Cadbury Dairy Milk was introduced in 1984 and has pursued geographic, impulse, and gift segmentation along with positioning itself as chocolate for kids through promotions synonymous with sweets. Its manufacturing and distribution network is extensive across India.