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Nestle India gets nod to launch Nespresso in India

25 Apr 2024 Evaluate

Nestle India has received approval to launch Nespresso in India wherein the Company will engage in the sale and distribution of Nespresso products (machines and capsules) through its distribution network, online channels, and boutiques under commercial arrangements with Nespresso and third parties. The company expects to launch Nespresso in India by the end of 2024. The Board of Directors of the Company, at its meeting held on April 25, 2024, has approved the same.

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 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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