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Nestle India to infuse Rs 2,600 cr to boost production

Monday, 26 Oct 2020
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Swiss food and beverages company Nestle has unveiled Rs 2,600 crore investment plan for the Indian market.

The company already has eight manufacturing plants across the country and is planning to invest majority of the amount in enhancing its production capabilities over the next four years.

The company will also use the investment towards its under-construction state-of-the-art factory in Sanand, Gujarat.

Apart from investing in its plants, the company has set aside some portions to boost its operational efficiency.

The announcement is in line with its long-term plan for the local market, under which it plans to focus on consolidating its business activities by adding capacity and strengthening the market position of its newly launched products.


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