27.10 (2.15%) Nestle, one of the largest FMCG companies in India is planning to launch other variants of Maggi noodles such as oats noodles and cup noodles in next 3-4 months. The company relaunched Maggi masala noodles on November 9, five months after it was banned by the FSSAI following a Bombay High Court order. After its re-launch, the company has sold 50-60 million packs of Maggi noodles so far against 300-400 million units it used to sell in full year before crisis.
Nestle India is a subsidiary of Nestle S.A. of Switzerland. With eight factories and a large number of co-packers, Nestle India is a vibrant Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction.