The company is leveraging its legacy of innovation and regional leadership to strengthen its footprint in the Indian ice cream market.

INDIA – Mangaluru-based Hangyo Ice Creams has ramped up operations to meet growing consumer demand across Karnataka, Kerala, Goa and across Southern India.
With a current production capacity of 1.25 lakh litres per day and an annual turnover of ₹300 crores (US$34.83 million), the company is leveraging a legacy of innovation, regional leadership, and strategic expansion to strengthen its footprint in the Indian Ice Cream Market.
With strong distribution networks, consistent demand, and an expanding product portfolio, Hangyo is now looking to deepen its presence in Tier 2 and Tier 3 cities while continuing to invest in R&D and supply chain efficiencies.
“Our goal has always been to bring world-class dairy and ice cream products to Indian households, while staying true to our roots and farmer-first philosophy,” said Dinesh Pai, the Executive Chairman. “We are committed to innovation, quality, and sustainable growth as we move into our next phase of expansion.”
The growth trajectory of Hangyo Ice Creams has been deeply rooted in its evolution from a modest family-run dairy initiative in the late 1980s to a full-fledged dairy and ice cream brand today.
Recognizing the market need for direct farmer procurement and regional processing, the company set up its first milk plant in Jamkhandi in 1993.
Hangyo launches Black Gold Ice Cream
Recently, Hangyo and SMOOR Chocolates collaborated to launch Black Gold Ice Cream, a luxurious treat that blends Hangyo’s signature creamy texture with SMOOR’s rich couverture chocolate.
The companies stated that Black Gold Ice Cream is an immersive, multi-sensory experience rooted in tradition and elevated with luxurious detail. The dessert reflects stories of royal indulgence, ancient chocolate rituals, and the timeless joy of comfort foods — reimagined with finesse.
“At Hangyo, innovation has always been at the heart of what we do. The launch of Black Gold in association with SMOOR Chocolates is a celebration of craftsmanship, indulgence, and collaboration. This luxurious creation brings together our legacy in ice creams with Smoor’s artisanal chocolate expertise to deliver a truly premium dessert experience. Black Gold is more than just a product—it’s a statement of elegance, quality, and the power of partnerships in redefining indulgence,” said Mr. Ullas Kamath, Vice Chairman of Hangyo Ice Cream.
Mr. Vimal Sharma, Founder and CEO of SMOOR, stated that the brand has always exemplified purity, precision, and the essence of actual couverture chocolate.
He noted that with the launch of Black Gold, SMOOR is entering a new frontier where chocolate artistry merges with the sophistication of ice cream craftsmanship.
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