Parle-G, which started as Parle Gluco in 1939, is world's largest selling biscuit brand.
The decision to shut its Vile Parle factory in Mumbai comes after the company's owner Vijay Chauhan decided to shutter the unit.
There was a gradual decline in the production capacity of the local factory since the last few years.
Background
Set up in 1929, the Vile Parle factory used to first manufacture just candies.
Sugarboiled candies initially came in glass jars and later wrapped in translucent plastic wrappers and were sold across `kirana' stores under the Parle brand.
The factory began biscuit production in 1939. Parle Products is the lar gest biscuit maker and among the leading food play ers in the country.
It competes with rivals like Britannia Industries and ITC. According to the company's website, Parle Products has a 40% share of the total biscuit market and a 15% share of the total confectionary market in India.
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