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Verdict

Vadilal is the more Indian-owned choice

Vadilal scores 89/100 vs Havmor at 25/100 on ownership โ€” and it's Indian-owned.

89

Vadilal

vs

25

Havmor

Brand Comparison

Vadilal vs Havmor

Quantify ownership structure, origin, and control signals in one view.

Derived from documented disclosures and scored consistently.

Indian-owned profile

Vadilal

India ownership score: 89/100

Foreign-owned profile

Havmor

India ownership score: 25/100

Comparison Fit

These brands map as direct alternatives within Ice Cream.

Profile match: segment:ice cream

Ownership Insight

Vadilal is Indian-owned. Havmor is owned by Lotte India, headquartered in South Korea.

Score Breakdown

Equity ownership

Vadilal: 55%

Havmor: 0%

Manufacturing presence

Vadilal: 90%

Havmor: 90%

Revenue retention

Vadilal: 80%

Havmor: 0%

Strategic control

Vadilal: 100%

Havmor: 0%

Side-by-side Details

FeatureVadilalHavmor
Country of originIndiaIndia
HeadquartersAhmedabadAhmedabad
Founded19071944
Parent companyVadilal IndustriesLotte India
Parent company countryIndiaSouth Korea
Manufacturing in India90%90%
Revenue retained in India80%0%
Ownership typeIndian Public CompanyForeign Subsidiary
Strategic controlIndiaSouth Korea

More comparisons in Ice Cream

Frequently Asked Questions

Which is more Indian โ€” Havmor or Vadilal?

Vadilal is more Indian with a score of 89/100 vs Havmor's 25/100.

Is Havmor Indian-owned?

Havmor is foreign-controlled with an Indian ownership score of 25/100, owned by Lotte India (South Korea).

Is Vadilal Indian-owned?

Vadilal is Indian-owned with an Indian ownership score of 89/100.

Who owns Havmor?

Havmor is owned by Lotte India (South Korea).

Who owns Vadilal?

Vadilal is owned by Vadilal Industries (India).