New Delhi: Nestlé India on Wednesday announced the beginning of operations at its new manufacturing facility at Nanjangud in Karnataka, where it will manufacture prepared dishes and Nestle’s ready to cook noodles under its flagship brand, Maggi.
Built with an investment of around Rs.360 crores, the facility is expected to create close to 630 jobs and to scale up Nestlé’s manufacturing presence in the southern state.
Nestlé India already operates a coffee factory at Nanjangud that processes coffee beans sourced from South India.
The Chief Executive Officer of Nestlé S A Paul Bulcke and Zone Director of Asia, Oceania, Africa and Middle East of Nestlé S A Frits van Dijk inaugurated the plant. Mr. Bulcke said: ”The brand Maggi has very strong equity with consumers and is continuously developing the market. This plant specializes in the manufacture of culinary products and this investment reaffirms our confidence in our brands and people.”
Nestlé India is a subsidiary of Nestlé S.A. and is present in India with a variety of products like chocolates, beverages, prepared dishes, cooking aids and ready to cook noodles brand, Maggi. It operates seven factories in India at Moga (Punjab), Samalkha (Haryana), Pantnagar (Uttranchal) Choladi (Tamilnadu) and Ponda and Bicholem (Goa) and employs around 6,000 people here. Net sales of the company for the calendar year 2010were Rs6254.7 crores and registering a 21.9 % increase over 2009.