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Nestlé explores potential locations for tenth factory in India, considers East region
Nestlé, known for producing Maggi noodles and Nescafé coffee, is currently searching for potential locations for its tenth factory in India. As the company's...
Nestle appoints Satish Srinivasan as Executive Director of Technical Operations
As per a regulatory filing, Nestle has appointed Satish Srinivasan to the position of Executive Director of Technical.According to a statement, Matthias Christoph Lohner...
Nestle India achieves a decade-high Q1 growth with a 24.7% surge in net profit
Nestle India posted a net profit of INR 736.64 crore in the first quarter, indicating a 24.7% increase. This is accompanied by a revenue...
Nestlé and PAI to establish joint venture for Europe’s frozen pizza market
Nestlé and PAI Partners have agreed to form a joint venture dedicated to Nestlé's frozen pizza business in Europe, aiming to create a focused...
Nestle announces global rollout of Indian unit’s AI model for customized consumer choices and new product launches
Mark Schneider, the global CEO of Nestle SA, stated that the implementation of AI by the company's India unit is now being scaled to...
Nestle urged to take action on unhealthy food sales to combat rising obesity rates
Nestle is facing pressure to reduce the proportion of unhealthy food it sells and take responsibility for promoting global health.According to ShareAction, an investor...
Nestle expands its product range by launching lean cuisine balance bowls to support blood sugar management
Nestle has created a range of delicious and nourishing Lean Cuisine Balance Bowls to assist individuals in controlling their blood sugar levels.Lean Cuisine is...
Nestle, Kraft Heinz and Tatas among leading FMCG players vying for Capital Foods buyout
The acquisition of Capital Foods Pvt Ltd has been in the works for several months now, and the competition for the acquisition has reportedly...
Nestle becomes the latest to close its Factory & Head Office in Myanmar, Following the Military Coup
On Monday, a spokesperson for Nestle announced that the Swiss food giant would halt all production in Myanmar, making it the latest company to...
Nestle India Profits rise by 65.5% during Q4 2022
The media statement highlights the company's strong performance in terms of growth and value. Narayanan, the spokesperson for the company, attributes the success to...
Maggi to get more Expensive; announces Nestle CEO Schneider
Nestle, the FMCG Giant, is set to raise the prices of its products once again in order to offset the increasing production costs. CEO...