Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss multinational company. The company is headquartered in Gurgaon, Haryana. The company's products include food, beverages, chocolate, and confectioneries.[3][4]
The company was incorporated on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a subsidiary, Nestle Holdings Ltd.[5][6] As of 2020, the parent company Nestlé owns 62.76% of Nestlé India.[7] The company has 9 production facilities in various locations across India.
History
Nestlé India is one of the largest players in India's fast-moving consumer goods sector and has a long history in the country.[8]
- Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahamas.[5][6]
- The company built their first production facility in 1961 at Moga, in the Indian state of Punjab.[9][10]
- Nestlé's second plant was set up at Choladi in Tamil Nadu, the plant was built primarily to process the tea grown in the area.[9]
- In 1989, the company established a factory at Nanjangud in Karnataka.[9][6]
- The company entered the confectionery business in 1990 by introducing Nestlé premium chocolate.[9]
- In 1991, they started the production of soya based products through a joint venture with the BM Khaitan group.[9]
- In the year 1995 and 1997 Nestlé established two facilities in Goa at Ponda and Bicholim respectively.[9][6]
- In April 2000 they entered the liquid milk and iced tea markets.[9]
- 2006 marked the year when the company set up its 7th factory at Pantnagar in Uttarakhand.[9]
- The company opened another plant in Karnataka in 2011 bringing up its total plants in India to eight.[9]
- In October 2020, Nestle India announced investment of ₹2,600 crore for a new plant at Sanand in Gujarat. Initial phase of production commenced from 1 October 2021.[11]
- In 2023, the company announced that it would set up a food processing unit at Mundamba in Odisha with an investment of ₹894 crore.[12]
Production
Nestlé India currently has 9 manufacturing facilities across India. They are at:[3][9][13]
- 1) Moga, Punjab
- 2) Samalkha, Haryana
- 3) Nanjangud, Karnataka
- 4) Choladi, Tamil Nadu
- 5) Ponda, Goa
- 6) Bicholim, Goa
- 7) Pantnagar, Uttarakhand
- 8) Tahliwal, Himachal Pradesh
- 9) Sanand, Gujarat[14]
Controversy
In June 2015, Nestlé India's instant noodles product Maggi was banned by the Government of Delhi for a 15-day period after lead and monosodium glutamate in samples of the product were found to be beyond permissible limits.[15][16][17] On 5 June 2015, Maggi noodles were banned nationwide by the Food Safety and Standards Authority of India.[18] The ban was overturned on 13 August 2015 following the Bombay High Court's order and samples of Maggi Noodles were ordered to be retested within 6 weeks by three labs authorized by the National Accreditation Board for Testing and Calibration Laboratories.[19][18][20][21] Nestle was fined ₹45 lakh for the incident by the district administration.[22] Between 5 June 2015 when the noodles were first banned and 1 September 2015, Nestlé recalled 38,000 tonnes of Maggi Noodles from stores and incinerated them at 11 cement plants across India.[23][24] Nestlé eventually cleared the Bombay High Court mandated lab tests and Maggi Noodles were allowed to be manufactured and sold again.[25]
In March 2025, SEBI warned Nestle India over breach of insider trading regulations.[26]
External links
References
- Nestle India > Location Details > Food Processing > Location Details of Nestle India - BSE: 500790, NSE: NESTLEIND www.moneycontrol.com, retrieved 24 July 2020^
- Consolidated Financial Results for the Quarter and Financial Year Ended 31st March 2025 Nestle India, retrieved 24 April 2025^
- MarketScreener. Nestlé India Limited: Shareholders Board Members Managers and Company Profile www.marketscreener.com, retrieved 23 July 2020^
- Nestle India. investors documents^
- Bloomberg Company profile. Nestle India Ltd Bloomberg News^
- Nestle India History economictimes.indiatimes.com, retrieved 23 July 2020^
- Nestle India Shareholding Pattern economictimes.indiatimes.com, retrieved 23 July 2020^
- Nestle India Ltd. Business Standard India, retrieved 24 July 2020^
- About Nestle India Ltd www.capitalmarket.com, retrieved 23 July 2020^
- Presence Across India Nestlé, retrieved 24 July 2020^
- Nestle India Ltd. retrieved 7 October 2021^
- Nestle India to set up Rs 894-crore Odisha food processing unit CNBC TV18, 14 July 2023, retrieved 18 April 2024^
- All 8 Nestle plants under FSSAI scanner The Indian Express, 8 June 2015, retrieved 24 July 2020^
- Nestle India Ltd. retrieved 7 October 2021^
- Maggi Controversy: Why it is being banned in India? India Today, June 3, 2015, retrieved 26 July 2020^
- Durgesh Nandan Jha. Trouble mounts for Maggi: Delhi govt bans sale for 15 days The Times of India, June 4, 2015, retrieved 26 July 2020^
- Forbes Guest. When It Comes to Putting Out Fires, Nestlé India's Suresh Narayanan Is No Novice Forbes, retrieved 26 July 2020^
- Amy Kazmin, Jim Brundsen. India court overturns Nestlé Maggi noodles ban Financial Times, August 13, 2015, retrieved 26 July 2020^
- Nestlé's Half-Billion-Dollar Noodle Debacle in India Fortune, retrieved 26 July 2020^
- Ban on Maggi: High Court lifts ban, orders fresh tests within 6 weeks The Indian Express, 14 August 2015, retrieved 26 July 2020^
- Shibu Thomas. Relief for Nestle, Bombay HC sets aside food regulator's ban on Maggi The Times of India, 13 August 2015, retrieved 26 July 2020^
- Maggi controversy: Between 2015 and now The Indian Express, 29 November 2017, retrieved 26 July 2020^
- Sounak Mitra. The Maggi ban: How India's favourite two-minute noodles lost 80% market share Livemint, 15 February 2017, retrieved 26 July 2020^
- William Comcowich. PR Crisis Management Lessons from the Nestlé Maggi Noodle Controversy glean.info, 4 October 2018, retrieved 26 July 2020^
- Maggi clears Bombay HC mandated lab tests: Nestle India The Indian Express, 17 October 2015, retrieved 26 July 2020^
- Sebi warns Nestle India over breach of insider trading regulations March 7, 2025^