Nestle India is a subsidiary of Nestle S.A of Switzerland, the world’s largest food and beverage company by sales. It is one the biggest players in FMCG segment, has a presence in milk & nutrition, beverages, prepared dishes & cooking aids & chocolate & confectionery segments.
Nestle India manufactures and sells products with brands such as Nescafe, Maggi, Milkybar, Milo, Kit Kat, Bar-One, Milkmaid and Nestea.
Nestle is a market leader in most categories it is present and hence is one of the most expensive FMCG companies in India.
Baby Food Market is the cash cow for Nestle India contributing over 45% to its top line. Followed by prepared dishes and cooking aids in which the company has long way since the Maggi fiasco and has already crossed the value and volume delivery on Maggi as compared to 2014 levels.
The company has presence across India with 8 manufacturing facilities. It has announced a capex of Rs 2600 cr over the next 4 years with plans to increase the existing manufacturing facilities and including new under-construction facility (Rs700 cr capex) at Sanand, Gujarat.
Published: April 22, 2021, 08:15 IST