Nestle India Ltd share price today, NESTLEIND NSE, BSE share price (2023)

• Consolidated
• Autonomous

• Consolidated
• Autonomous

• blocking the deal
• great deal

NESTLÉ India Limited is a leading food and beverage company based in Gurugram, Haryana. It is a subsidiary of NESTLÉ, a Swiss multinational food and beverage company. NESTLÉ first came to India over a century ago, in 1912. That year, the Swiss company launched NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited in India. The company was founded with the objective of importing and selling NESTLÉ finished products in the national market. In 1959, the Government of India made policy changes that emphasized the need for local manufacturing in India. Thus, NESTLÉ India was born. In 1961, the company opened its initial manufacturing facility at Moga, Punjab. The Indian government wanted NESTLÉ India to develop the dairy economy in the region. Six years later, NESTLÉ India Limited started operations in its second factory located in Choladi, Tamil Nadu. 1982 was a monumental year for NESTLÉ India as it launched Maggi noodles in India, which would become an incredible success in the country. NESTLÉ India opened a manufacturing facility in Nanjangud, Karnataka in 1989. A year later, NESTLÉ India further expanded its portfolio and entered the chocolate business with the launch of Nestlé Premium Chocolate. NESTLÉ India Limited began manufacturing soybean products after forming a joint venture with BM Khaitan Group in 1991. NESTLÉ India introduced KitKat chocolate to India in 1995. In April 2000, the company entered the superheated fluid milk (UHT) business. ). A year later, NESTLÉ India introduced Nestlé Pure Life bottled water. The company opened the doors of its seventh manufacturing facility in Patnanagar, Uttarakhand in 2006. In June 2015, NESTLÉ India faced a major challenge when it had to withdraw Maggi instant noodles from the market after it was found to contain excessive levels of lead. . The ban on Maggi noodles was lifted in September 2015. As of March 2023, NESTLÉ India employs over 8,000 people and operates manufacturing facilities across the country.

Products and services

NESTLÉ India sells a wide range of food and beverages. NESTLÉ India has a range of coffee products under the Nescafé brand. This includes instant coffee, ready-to-drink coffee, and coffee blends. NESTLÉ's Indian brand Maggi is the most popular instant noodle brand in India. NESTLÉ India sells dairy products like milk, condensed milk and milk products. NESTLÉ India confectionery products include Kit Kat, Munch, Milkybar, Bar One and NESTLÉ Crunch chocolates. Baby products offered by NESTLÉ India are available under the Cerelac and Nestum brands. The company's soft drink portfolio includes Nestea iced tea, Milo chocolate malt beverage and NESTLÉ juices.

Prohibited

NESTLÉ India is listed on various stock exchanges like BSE, NSE, Kolkata Stock Exchange, Delhi Stock Exchange etc. The company is part of many indices like Nifty 50, Nifty 500, S&P BSE Sensex 50, etc.