Nestle India proposes to embark on an expansion plan over the next two-three
years.
The company has embarked on a Rs 360-crore investment plan for its new
factory at Nanjangud in Karnataka. The company is expanding capacity by 20 per
cent at the plant which was commissioned in March 2010.
A sum of Rs 600 crore is being pumped in
Haryana for a greenfield facility. This project will be completed by
end-2011. The company will also invest Rs 200 crore by December 2011 for
manufacturing chocolates in Punjab. For its noodle and confectionery business,
the company is setting up two manufacturing facilities, one each in
Goa and in Himachal Pradesh at a total investment of Rs 1,200 crore.