Nestle India Limited – Complete Company Information
Nestle India Limited is one of the largest food company in India. It is the subsidiary of NESTLE Anglo-Swiss Condensed Milk Company (Export) Limited. Nestle India Ltd was established in 1959 which is headquartered in Gurgaon, Haryana.
They provide global standard products to its consumers. The company operates food segment. Their main products include milk products and nutrition, beverages, prepared dishes and cooking aids, and chocolate and confectionery.
Nestle’s technology and brand expertise in their centralized Research and Development facilities. This provide quality goods to its customers at a reasonable price. They have several global brands such as Nescafe, KitKat, Alpino, POLO, A+ Milk, Maggi Noodles, Bar One, Munch.
The company focuses on the changing life style of people and anticipate consumer needs in order to provide taste, nutrition, health and wellness through its product offerings. Today Nestle India Ltd has 8 manufacturing facilities and 4 branches in India.
During the first quarter of 2017 total sale increased by 9.1%, Net profit Rs. 307 crores increased from Rs. 208 crores in the same quarter in the year 2016. The company has also spent more money during the quarter. So the total expenses increased by 12.8% due to increase in material costs for products such as milk, higher energy cost and increase in cost of distribution because of steep rise in fuel prices. The total market capital of the company is Rs. 64,132.36 crores.