In American today there is a bit of a rush toward India. "The 1.4 trillion dollar economy, growing at 7 percent. They like India. The last three US presidents have visited India, much more so than before." All this is true. But some foreign companies have been doing business in...
Open Innovation Center at Nestle/General Mills unit
Executives from Nestle and General Mills attended the opening of an innovation center for Cereal Partners Worldwide, (CPW), a joint venture between the two companies located in Orbe, Switzerland. The new $50 million facility will focus on innovation to deliver new consumer benefits through CPW’s breakfast cereals, including improved nutrition,...
Nestle initiates diabetes research for India market
Nestle India is allying with National Diabetes, Obesity and Cholesterol (NDOC) Foundation to study the specifics and patterns of diabetes prevalence in the country. Dr Anoop Misra, Director, department of diabetes and metabolic diseases, Fortis Hospitals will lead the research. (Last year I visited Dr. Misra and reviewed some of...
Nestle to invest in research and development in India
Swiss food and consumer goods giant Nestlé will open a research and development center in Manesar, Haryana, south of India’s capital city, where it will use local ingredients and spices, as well as low-cost Indian research and engineering to make products for India as well as other countries. According to...