Nestle India planning to invest Rs 2,600 crore over next three to four years

24 Oct 2020 Evaluate

Nestle India is planning to invest Rs 2,600 crore over the next three to four years to augment its manufacturing capacity in the country, terming the move as ‘vindication of confidence and trust’ the company has in its India journey.

As per Nestle's plan, the new investments are aimed at expansion activities of the existing units and towards the construction of its new upcoming unit in Sanand, Gujarat.

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

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