Nestle's India achieved double-digit growth in the last year, leveraging existing capabilities and investing in new opportunities to create long-term value. India has become the largest market for Nestle's Maggi globally, with six billion servings of the product sold in the financial year 2023-24. For the chocolate wafer brand, Kit...
Nestle to Invest Another $600 million in India
Switzerland-headquartered foods and beverage producer Nestle SA plans to invest $600 million in India, which is the company's 10th largest market globally, its CEO Mark Schneider said. Schneider said the investment will be made for capital expenditure, expanding and enhancing Nestle India's portfolio of brands, acquisitions in emerging segments, and...