Nestlé India Limited is the Indian subsidiary of
Nestlé
Nestlé S.A. (; ; ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since ...
which is a Swiss
multinational company
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
. The company is headquartered in
Gurgaon,
Haryana
Haryana (; ) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 Nov 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% () of India's land a ...
. The company's products include
food,
beverages
A drink or beverage is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, juice, smoothies ...
,
chocolate
Chocolate is a food made from roasted and ground cacao seed kernels that is available as a liquid, solid, or paste, either on its own or as a flavoring agent in other foods. Cacao has been consumed in some form since at least the Olmec civ ...
, and
confectioneries
Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Exact definitions are difficult. In general, however, confectionery is divided into two broad and somewhat overlapping categories ...
.
The company was
incorporated on 28 March 1959 and was
promoted by Nestle Alimentana S.A. via a subsidiary, Nestle Holdings Ltd.
As of 2020, the parent company
Nestlé
Nestlé S.A. (; ; ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since ...
owns 62.76% of Nestlé India.
The company has 9 production facilities in various locations across
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
.
History
Nestlé India is one of the largest players in India's
fast-moving consumer goods sector and has a long history in the country.
* Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was
promoted by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahama Islands.
* The company built their first production facility in 1961 at
Moga, in the Indian
state
State may refer to:
Arts, entertainment, and media Literature
* ''State Magazine'', a monthly magazine published by the U.S. Department of State
* ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States
* ''Our S ...
of
Punjab
Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising a ...
.
* Nestlé's second plant was set up at Choladi in
Tamil Nadu
Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...
, the plant was built primarily to process the tea grown in the area.
* In 1989, the company established a factory at
Nanjangud
Nanjangud, officially known as Nanjanagudu, is a town in the Mysuru district of Indian state of Karnataka. Nanjangud lies on the banks of the river Kapila (also called Kabini), 23 km from the city of Mysore. Nanjangud is famous for the S ...
in
Karnataka
Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...
.
* The company entered the
confectionery business in 1990 by introducing Nestlé premium chocolate.
* In 1991, they started the production of
soya based products through a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
with the BM Khaitan group.
* In the year 1995 and 1997 Nestlé established two facilities in
Goa
Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
at
Ponda and
Bicholim respectively.
* In April 2000 they entered the liquid
milk
Milk is a white liquid food produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals (including breastfed human infants) before they are able to digest solid food. Immune factors and immune-modula ...
and
iced tea
Iced tea (or ice tea) is a form of cold tea. Though it is usually served in a glass with ice, it can refer to any tea that has been chilled or cooled. It may be sweetened with sugar or syrup. Iced tea is also a popular packaged drink that can be ...
markets.
* 2006 marked the year when the company set up its 7th factory at
Pantnagar
Pantnagar is a town and a university campus in Udham Singh Nagar district, Uttarakhand. Nainital, Kashipur, Rudrapur and Kiccha, Haldwani are the major cities surrounding Pantnagar.
The town is home to the first agricultural university of I ...
in
Uttarakhand
Uttarakhand ( , or ; , ), also known as Uttaranchal ( ; the official name until 2007), is a state in the northern part of India. It is often referred to as the "Devbhumi" (literally 'Land of the Gods') due to its religious significance and ...
.
* The company opened another plant in
Karnataka
Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...
in 2011 bringing up its total plants in India to eight.
* In October 2020, Nestle India announced investment of Rs. 2,600 crores for a new plant at
Sanand
Sanand is a city and a municipality in Ahmedabad district in the Indian state of Gujarat. It is a major industrial hub of Western India, host to manufacturing plants of multiple domestic and foreign companies like Tata Motors, Nivea, Nestl ...
in
Gujarat
Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...
. Initial phase of production commenced from 1 October 2021.
* Nestlé India Limited's market cap as of December 2022 stood at Rs. 1,93,666.87 crore.
Production
Nestlé India currently has 9 manufacturing facilities across
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. They are at:
#
Moga,
Punjab
Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising a ...
#
Samalkha,
Haryana
Haryana (; ) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 Nov 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% () of India's land a ...
#
Nanjangud
Nanjangud, officially known as Nanjanagudu, is a town in the Mysuru district of Indian state of Karnataka. Nanjangud lies on the banks of the river Kapila (also called Kabini), 23 km from the city of Mysore. Nanjangud is famous for the S ...
,
Karnataka
Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...
# Choladi,
Tamil Nadu
Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...
#
Ponda,
Goa
Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
#
Bicholim,
Goa
Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
#
Pantnagar
Pantnagar is a town and a university campus in Udham Singh Nagar district, Uttarakhand. Nainital, Kashipur, Rudrapur and Kiccha, Haldwani are the major cities surrounding Pantnagar.
The town is home to the first agricultural university of I ...
,
Uttarakhand
Uttarakhand ( , or ; , ), also known as Uttaranchal ( ; the official name until 2007), is a state in the northern part of India. It is often referred to as the "Devbhumi" (literally 'Land of the Gods') due to its religious significance and ...
# Tahliwal,
Himachal Pradesh
Himachal Pradesh (; ; "Snow-laden Mountain Province") is a state in the northern part of India. Situated in the Western Himalayas, it is one of the thirteen mountain states and is characterized by an extreme landscape featuring several peaks ...
#
Sanand
Sanand is a city and a municipality in Ahmedabad district in the Indian state of Gujarat. It is a major industrial hub of Western India, host to manufacturing plants of multiple domestic and foreign companies like Tata Motors, Nivea, Nestl ...
,
Gujarat
Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...
Controversy
In June 2015, Nestlé India's instant noodles product '
Maggi
Maggi ( or ) is an international brand of seasonings, instant soups, and noodles that originated in Switzerland in the late 19th century. The Maggi company was acquired by Nestlé in 1947.
History
Early history
Julius Maggi (1846–1912) ...
Noodle
Noodles are a type of food made from unleavened dough which is either rolled flat and cut, stretched, or extruded, into long strips or strings. Noodles are a staple food in many cultures (for example, Chinese noodles, Filipino noodles, In ...
s' was banned by the
Government of Delhi
The Government of Delhi, officially the Government of the National Capital Territory of Delhi (GNCTD) is the governing body of the Union Territory of Delhi, whose urban area is the seat of the Government of India. It also governs the city or l ...
for a 15 day period after
lead
Lead is a chemical element with the symbol Pb (from the Latin ) and atomic number 82. It is a heavy metal that is denser than most common materials. Lead is soft and malleable, and also has a relatively low melting point. When freshly cu ...
and
monosodium glutamate
Monosodium glutamate (MSG), also known as sodium glutamate, is the sodium salt of glutamic acid. MSG is found naturally in some foods including tomatoes and cheese in this glutamic acid form. MSG is used in cooking as a flavor enhancer wi ...
in samples of the product were found to be beyond permissible limits. On 5 June 2015 Maggi noodles were banned nationwide by the
Food Safety and Standards Authority of India.
The ban was overturned on 13 August 2015 following the
Bombay High Court's order and samples of Maggi Noodles were ordered to be retested within 6 weeks by three labs authorized by the
.
Nestle was fined ₹45 lakh for the incident by the district administration. Between 5 June 2015 when the noodles were first banned and 1 September 2015, Nestlé recalled 38,000 tonnes of Maggi Noodles from stores and incinerated them at 11 cement plants across India. Nestlé eventually cleared the
Bombay High Court mandated lab tests and Maggi Noodles were allowed to be manufactured and sold again.
References
External links
*
{{DEFAULTSORT:Nestle India
BSE SENSEX
NIFTY 50
Indian companies established in 1959
Indian subsidiaries of foreign companies
1959 establishments in East Punjab
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange