Uncle Chipps Explained

Uncle Chipps
Type:Potato chips
Currentowner:PepsiCo
Producedby:Frito-Lay
Country:India
Markets:Asia
Tagline:"Bole mere lips. I love Uncle Chipps"
Previousowners:Uncle Chipps Co. Ltd

Uncle Chipps is a brand of potato chips that is marketed in India.[1] It was launched in 1992 by Amrit Agro Ltd. which was later taken over by Frito Lay (owned by PepsiCo), India in 2000.[2]

History

Until 1998, the Delhi-based Uncle Chipps was the market leader in the industry, enjoying a 71% market share,[3] thereafter saw competition bring its market share down to 30-35% by 2000.[4] Originally owned by the Amrit Agro Ltd., it was bought over by Frito-Lay, PepsiCo's snacks division in October 2000.[5]

It was sold for $16.6 million.[6] Noted film music director Shantanu Moitra started his composing career with the hit-jingle with Rohit Nagar, "Bole mere lips I love Uncle Chipps", with Pradeep Sarkar, then the Creative Head of the agency.[7]

Though Amrit Agro continued marketing snacks under other brands, it completely exited the snacks business in December 2002.[8]

Uncle Chipps is the pioneer of branded nitrogen-foil packed potato chips in India.[9] The brand markets its potato chips with the tagline "Bole mere lips, I love Uncle Chipps".[10] Uncle Chipps until 2010, was distributed only in Northern India. In August 2010, Frito Lay announced that it was looking to market Uncle Chipps on a pan India level.[11]

Notes and References

  1. News: Uncle Chipps launches Rs 2-crore Millennium Offer to woo kids. 21 February 2012. The Indian Express. 20 January 2000.
  2. News: History of Uncle Chipps. PepsiCo.
  3. News: Uncle Chipps in 70g packs, four variant. 21 February 2012. The Indian Express. 15 July 198.
  4. News: Pepsi sees greater synergies after Quaker Oats buyout. 21 February 2012. The Financial Express. 6 December 2000.
  5. News: Uncle Chipps shareholders ratify takeover by Frito-Lay. 21 February 2012. The Financial Express. 17 October 2000. dead. https://web.archive.org/web/20130116035757/http://www.financialexpress.com/old/fe/daily/20001017/fco17062.html. 16 January 2013.
  6. Book: Todd Brewster, Peter Jennings. In Search of America. registration. 2002. Hyperion Press. 1-4013-0032-4. 111.
  7. http://in.rediff.com/movies/2005/jun/09shan.htm Thank an ad crisis for Parineeta's music
  8. News: Amrit Agro exits ethnic snacks biz. 21 February 2012. The Hindu. 21 December 2002.
  9. Book: Majumdar, Ramanuj. Product Management In India 3Rd Ed.. 19 December 2007. PHI Learning Pvt. Ltd.. 978-81-203-3383-3. 102.
  10. News: Munching on Salty Success. 21 February 2012. The Financial Express. 15 July 2010.
  11. News: Frito Lay set to increase footprint of regional brands. 21 February 2012. The Hindu. 21 August 2010.