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 the New York Times, Nestlé will focus on making nutritionally enhanced foods for people with lower incomes, said Klaus Zimmermann, senior vice president and head of research and development. The $50 million facility will open by 2012. Click here to see Nestle management on CNBC television talking about their plans.
