Establishment of a New Sales Company in India - Building a Sales Structure in India, the World's Most Populous Country -

Kewpie Corporation (Headquarters: Shibuya-ku, Tokyo; President and CEO: Mitsuru Takamiya; hereinafter referred to as Kewpie) will establish a local subsidiary in India to serve as a sales base for Kewpie Group products. The newly established company will primarily sell mayonnaise and dressings manufactured by group companies in the Asia Pacific region. The establishment of this new company will create a sales structure in India, a country with the world's largest population and continued economic growth. Sales operations are scheduled to commence in 2027 or later.

India's population is currently estimated to exceed 1.4 billion people and is expected to continue growing. In recent years, GDP per capita has also been rising, leading to diversification of food consumption with the expansion of the middle-income class, and consequently, the market for mayonnaise and dressings is growing. Kewpie established a representative office in the country in 2025 to conduct research on the food market in India. Anticipating further demand growth for mayonnaise and dressings in India, and judging that there is potential for the expansion of our group products, we have decided to establish a local subsidiary.

Kewpie aims to expand sales and increase brand recognition in India, while also contributing to the development of the Indian food culture through menu proposals tailored to local culinary preferences.

Company Overview

Company Name

KEWPIE INDIA PVT. LTD. (tentative name)

Business Activities

Import and sales of mayonnaise, dressings, etc.

Company Establishment Date

September 2026 (scheduled)

Head Office Location

Haryana State, Republic of India

Capital

115 million Indian Rupees (approximately 200 million JPY*)

Shareholding Ratio

Kewpie Group 100%

*Calculated based on the exchange rate as of the end of June 2026 (1 Indian Rupee = 1.7 JPY)