Nestlé India
Indian subsidiary of Nestlé
From Wikipedia, the free encyclopedia
Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss multinational company. The company is headquartered in Gurgaon, Haryana. The company's products include food, beverages, chocolate, and confectioneries.[6][2][3]
 | |
Company type | Public |
|---|---|
| |
| ISIN | INE239A01016 |
| Industry | Food processing |
| Founded | 28 March 1959 |
| Headquarters | Nestle House, Jacaranda Marg, 'M' Block, DLF Phase II, , India[1] |
Area served | India |
Key people |
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| Brands | |
| Revenue |  ₹20,201 crore (US$2.1 billion) (2025) |
| ₹4,156 crore (US$440 million) (2025) | |
| ₹3,207 crore (US$340 million) (2025) | |
| Total assets | ₹12,193 crore (US$1.3 billion) (2025) |
| Total equity | ₹4,010 crore (US$420 million) (2025) |
Number of employees | 7,649[2] |
| Parent | Nestlé (62.76%)[2][4] |
| Website | nestle.in |
| Footnotes / references Financials as of 31 March 2025[update].[5] | |
The company was incorporated on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a subsidiary, Nestle Holdings Ltd.[7][8] As of 2020, the parent company Nestlé owns 62.76% of Nestlé India.[4] The company has 9 production facilities in various locations across India.[9]
History
Nestlé India is one of the largest players in India's fast-moving consumer goods sector and has a long history in the country.[10]
- Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahamas.[7][8]
- The company built their first production facility in 1961 at Moga, in the Indian state of Punjab.[6][11]
- Nestlé's second plant was set up at Choladi in Tamil Nadu, the plant was built primarily to process the tea grown in the area.[6]
- In 1989, the company established a factory at Nanjangud in Karnataka.[6][8]
- The company entered the confectionery business in 1990 by introducing Nestlé premium chocolate.[6]
- In 1991, they started the production of soya based products through a joint venture with the BM Khaitan group.[6]
- In the year 1995 and 1997 Nestlé established two facilities in Goa at Ponda and Bicholim respectively.[6][8]
- In April 2000 they entered the liquid milk and iced tea markets.[6]
- 2006 marked the year when the company set up its 7th factory at Pantnagar in Uttarakhand.[6]
- The company opened another plant in Karnataka in 2011 bringing up its total plants in India to eight.[6]
- In October 2020, Nestle India announced investment of ₹2,600 crore for a new plant at Sanand in Gujarat. Initial phase of production commenced from 1 October 2021.[12]
- In 2023, the company announced that it would set up a food processing unit at Mundamba in Odisha with an investment of ₹894 crore.[13]
Production
Controversy
In June 2015, Nestlé India's instant noodles product Maggi was banned by the Government of Delhi for a 15-day period after lead and monosodium glutamate in samples of the product were found to be beyond permissible limits.[15][16][17] On 5 June 2015, Maggi noodles were banned nationwide by the Food Safety and Standards Authority of India.[18] The ban was overturned on 13 August 2015 following the Bombay High Court's order and samples of Maggi Noodles were ordered to be retested within 6 weeks by three labs authorized by the National Accreditation Board for Testing and Calibration Laboratories.[19][18][20][21] Nestle was fined ₹45 lakh for the incident by the district administration.[22] Between 5 June 2015 when the noodles were first banned and 1 September 2015, Nestlé recalled 38,000 tonnes of Maggi Noodles from stores and incinerated them at 11 cement plants across India.[23][24] Nestlé eventually cleared the Bombay High Court mandated lab tests and Maggi Noodles were allowed to be manufactured and sold again.[25]
In March 2025, SEBI warned Nestle India over breach of insider trading regulations.[26]
