New Delhi: India has become the largest market for Nestle globally for its instant noodles and soup brand Maggi and the second largest for chocolate wafer brand KitKat, according to the latest annual report of its local subsidiary.Besides, the India market with a high double-digit growth has become one of the fastest growing markets for Nestle, it added. "Penetration, premiumisation …
The Kerala High Court, last month, closed a Public Interest Litigation seeking ban of Maggi Noodles manufactured and sold by Nestle India Limited.One Thampi Subramanian had approached the High Court in the year 2015 alleging that Maggi Noodles contain Monosodium Glutamate and particles of lead in excess of permissible limits. The Kerala High Court, last month, closed a Public Interest …
New Delhi: FMCG major Nestle on Thursday welcomed the Supreme Court’s order that allowed NCDRC to proceed with a three-year-old suit with regard to Maggi filed by the government only on the basis of laboratory test reports by CFTRI. The government had moved NCDRC after Nestle’s popular instant noodles Maggi was banned by the Food Safety and Standards Authority of …