Nestle India, a subsidiary of Nestle SA, the Swiss major in food and beverages, is planning to invest nearly Rs 500 crore mainly on Maggie noodles and confectionery-manufacturing plant in Gujarat next year.
As part of its aggressive business expansion policy in the western and eastern States by doubling capacities, the company is targeting Bihar for the ninth plant.
Nestle procures 13 lakh litres of milk from one lakh farmers in Punjab, Haryana, Maharashtra and Rajasthan.
Nestle has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe & many more.
