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Nestle India gets approval from Government of India under PLI scheme

07 Dec 2021 Evaluate

Nestle India has received approval from the Government of India under Production Linked Incentive (PLI) scheme for Fruits and Vegetables. The Company has always believed that the PLI scheme for the food processing sector will help farmers and the food processing industries. It is overall a good step for an industry that has one of the better ratio of capital investment and employment generation.

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

Peers
Company Name CMP
Nestle India 1371.85
Varun Beverages 434.80
Britannia Industries 4947.40
LT Foods 433.00
Hatsun Agro Product 1147.90
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