Nestle India has raised price of 450 gram of Magi Noodle Pack by 5.5% to Rs 58. Moreover, the company has increased Milkmaid price by 3% to Rs 92 per pack.
Recently, the company’s parent company announced that it is planning to invest up-to $1 billion to hike stake in its Indian arm -- Nestle India.
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 and many more.
