“When you look into the investment in this country and the investment plan through 2025, we are talking about Rs 5,000 crore and that compares to Rs 8,000 crore over the last 60 years when we started manufacturing in this country,” - Global CEO Mark Schneider
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**Q2FY22-23 or Q3CY22 Results **
Declared Second Interim Dividend of Rs. 120/- for the year 2022 and will be paid on and from 16th November 2022
Well said. Even Nestle SA has announced an investment of 5000 crores in next 5 years for Indian entity. Now it seems Nestle India has made there mark by grabbing market share and as usual Indian consumption story is intact.
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Presentation
Earnings Call with Analysts/ Institutional Investors – 16th February 2023
Transcript
Nestle eyes $1 billion deal for ‘Ching’s Secret’ owner Capital Foods in India.
Capital Foods makes the Ching’s Secret brand of spicy noodles and fusion chutneys infused with so-called “desi Chinese” flavors. It also sells Smith & Jones cooking pastes and masala mixes.
Source - Nestle eyes $1 billion deal for ‘Ching’s Secret’ owner Capital Foods in India