Nestle India, the maker of popular Maggi noodles, KitKat chocolate and Nescafe, is investing to create capacity as it sees "fairly robust" demand in coming years in the Indian market.
These investments are for augmentation of manufacturing capacity, Chairman and Managing Director Suresh Narayanan said, adding a third of that has gone into food space, another one-third on chocolate and confectionary and the rest on nutrition and others.
The maker of popular Maggi noodles, KitKat chocolate and Nescafe, is investing to create capacity as it sees 'fairly robust' demand in coming years in the Indian market
FMCG major Nestle India has "strong commitments" for local manufacturing with plans to invest Rs 4,200 crore by 2025, including in its 10th plant in the country at Odisha, its Chairman and Managing Director Suresh Narayanan said on Friday.
Nestle investing ₹4,200 crore by 2025, to set up its 10th factory in Odisha thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.