Last Updated on January 31, 2024 by ethinos
Nestle India Ltd. is a significant part of the Indian market, serving countless consumers with a range of quality products. As a subsidiary of Nestle S.A., a global leader in the consumer goods industry, Nestle India Ltd. plays an essential role in the Indian food and beverage sector. The company, with a history spanning over a century, continuously evolves to meet the changing needs and preferences of Indian consumers.
Nestle’s diverse product portfolio in India includes chocolates, beverages, dairy products, and cooking aids, each contributing to the company’s commitment to health, and wellness, and offering moments of joy to consumers. The operations of Nestle India Ltd. extend across various Indian states, showcasing a blend of global quality standards and a deep understanding of local consumer insights.
By actively contributing to employment, agricultural development, and technological advancement in India, Nestle India Ltd. has solidified its position in the nation’s economic framework.
In this blog post, we will explore the rich history, significant milestones, and substantial socio-economic impact of Nestle India Ltd., highlighting its dedication to nurturing relationships, and upholding the diversity of India through its wide range of products.
Table of Content
About Nestle India Ltd.
| Aspect | Details |
| Founder | Henri Nestlé |
| Industry Type | Food Processing |
| Founded | 1866 (Nestlé S.A.), Nestle India Ltd. was incorporated in 1956 |
| Headquarters | Gurgaon, Haryana, India |
| Key People | Suresh Narayanan (Managing Director) |
| Parent Company | Nestlé S.A. |
| Number of Countries Present In | Nestlé is present in 191 countries globally |
| Products | Dairy products, beverages, coffee, snacks, and more |
| Number of Employees | 8,117 |
Additional Read: Nestle India Q3 Results
Overview of Nestle India Ltd.
NESTLÉ India’s relationship with India began in 1912 as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited, initially managing the import and sale of finished products. After India’s independence in 1947, the company, aligning with the government’s focus on local production, established its first factory in Moga, Punjab, in 1961 to enhance the milk economy.
This endeavour led to the initiation of NESTLÉ’s Agricultural Services, helping farmers with
advanced dairy farming techniques, irrigation guidance, scientific crop management, and securing bank loans. NESTLÉ also established milk collection centres, ensuring timely and fair remuneration and boosting community confidence in the dairy business. This concerted effort turned Moga into a prosperous milk district and a dynamic industrial centre.
Committed to understanding India’s diverse lifestyle, NESTLÉ India continually strives to meet consumer needs by providing a variety of quality products, from daily consumables to internationally renowned brands like NESCAFÉ and MAGGI. The company’s access to global technology and brand expertise allows it to uphold high standards in its extensive product range.
Today, NESTLÉ India, with eight manufacturing facilities and four branch offices, stands as a testament to its enduring commitment and substantial contribution to India’s economic and community development.
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Nestle India Ltd. History
1959: The company was incorporated in New Delhi.
1968: Issued 3,00,000 shares at par, making shares available to the public.
1978: Offered shares to Indian nationals at a premium.
1985: Issued 18,00,000 Rights equity shares and additional shares to retain oversubscription.
1986: Shareholders approved the issue of non-convertible debentures.
1987: Installation of a new factory at Nanjangud, Karnataka, for instant coffee manufacturing.
1988: Offered secured redeemable convertible debentures.
1989: The company’s name changed to ‘Nestle India Ltd.’
1990: Entered the chocolate business by introducing Nestle premium chocolates.
1993: Commissioning of the Samalkha factory.
1995: Construction of a new factory at Bicholim, Goa.
1996: Launched MILO-Chocolate energy food drink.
1997: Entered the hard-boiled sugar candy market with Allen’s Splash.
1998: Joint venture with BM Khaitan group, Nutritional Food Products India Ltd.
1999: Entered a 10-year agreement with Campco for the manufacture and supply of chocolates and cocoa products.
2000: Entered the domestic bottled water business under the brand name ‘Pure Life.’
2001: Launched ‘Pure Life’ bottled water.
2002: Increased holding to 53.27% in Nestle India.
2003: Launched infant food CERELAC 123.
2004: Signed Bollywood actress Preity Zinta as a brand ambassador for Maggi.
2005: Launched a new variant of Maggi.
2006: Started a manufacturing unit in Uttaranchal.
2009: Acquisition of Healthcare Nutrition Business of Speciality Foods.
2015: Resumed Maggi production after clearing court-directed safety tests.
2016: Launched NESTLÉ a+ GREKYO Yoghurt and NESTLÉ a+ PRO-GROW.
2017: Announced MAGGI Noodles’ safety, launched NESCAFE SUNRISE INSTA-FILTER.
2018: Launched breakfast cereals in India and introduced NESPLUS.
Additional Read: Nestle India Share Price
Major Subsidiaries of Nestle India Ltd.
Nestle Professional
Nestle Professional is solely dedicated to the food service industry, providing specialised food and beverage solutions for various food establishments, such as cafes and restaurants. They offer unique, high-quality products tailored to meet the specific needs of this industry. Among their offerings is the ‘MAGGI Chef’s Professional Curry Masala,’ a product designed for robust flavours and a delightful aroma, ensuring customer satisfaction. This focus and innovation have helped many food establishments expand their menus, offering diverse and nutritious options, and improving the overall dining experience for customers.
Nestle Health Science
Nestle Health Science operates worldwide, focusing on delivering nutritional therapies scientifically proven to enhance health and wellness. One notable product is ‘Resource High Protein,’ a nutritional supplement designed for individuals needing increased protein intake, like post-operative patients. This product provides necessary nutritional support, aiding in improving the overall health and well-being of various consumers, and ensuring strong recovery and sustained health.
Major Acquisitions of Nestle India Ltd.
Purina Pet Care India Pvt. Ltd.
Nestle India marked a notable expansion in the pet care sector by successfully acquiring the Pet Foods Business from Purina Pet Care India Pvt. Ltd. This acquisition, effective from the 1st of October, 2022, is a clear indication of Nestle India’s dedication to diversifying its offerings and enhancing its reach in the pet care segment.
Healthcare Nutrition Business of Speciality Foods
In 2009, Nestle India, keeping its focus on healthcare and nutrition, approved the proposal to acquire the Healthcare Nutrition Business of Speciality Foods. This strategic move is aligned with the company’s vision to play a significant role in the healthcare and nutrition segment, providing quality and specialised nutritional products to consumers.
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Products/Brands Under Nestle India Ltd.
NESCAFÉ
NESCAFÉ is one of the world’s leading coffee brands, known for its rich aroma and invigorating flavour. The brand offers a variety of coffee products that cater to diverse tastes and preferences, ensuring that there is a NESCAFÉ coffee for everyone. It’s a companion of countless late-night workers and a morning delight for many, truly integrating itself into the daily lives of individuals across the globe.
MAGGI
A beloved brand in India, MAGGI offers a range of products including the iconic instant noodles, which have been a favourite for quick meals and snacks among all age groups. Beyond noodles, MAGGI’s portfolio includes sauces, seasonings, and soups, offering convenience and taste to the Indian consumer.
MILKYBAR
MILKYBAR is a cherished chocolate brand, particularly popular among children for its creamy and milky taste. It stands as a symbol of sweetness, sharing, and celebration for many families across India.
KIT KAT
KIT KAT is a globally recognised chocolate brand, known for its crisp wafer covered in smooth milk chocolate. It’s a go-to snack for individuals seeking a delightful break in their busy day.
BAR-ONE
BAR-ONE is a nourishing chocolate that is both delicious and energy-boosting. Ideal for quick energy replenishment, it’s a favourite among individuals leading an active lifestyle.
MILKMAID
MILKMAID is a premium condensed milk brand used widely in desserts and sweets. It adds richness and sweetness, ensuring that every dish it graces is delectably enjoyable.
NESTEA
NESTEA offers refreshing iced tea products that are perfect for quenching thirst and offering a revitalising experience. It comes in various flavours, each providing a unique and enjoyable taste.
NESTLÉ Milk
A daily essential, NESTLÉ Milk is known for its high quality and nutritional value. It’s a trusted source of calcium and other vital nutrients for families.
NESTLÉ SLIM Milk
For those health-conscious consumers, NESTLÉ SLIM Milk provides all the goodness of milk with reduced fat, helping maintain a balanced diet.
NESTLÉ Dahi
NESTLÉ Dahi is a popular choice for its creamy texture and delightful taste. It adds a refreshing touch to meals and is a preferred option for various culinary uses.
NESTLÉ Jeera Raita
Enhancing the flavour of meals, NESTLÉ Jeera Raita combines health with taste, offering a unique and nutritious accompaniment to various Indian dishes.
Conclusion
Nestle India Ltd. holds a prominent place both in India and worldwide. Its wide variety of products, key acquisitions, and consistent commitment to quality and innovation make it a notable name in the FMCG sector. The company keeps up with market trends and consumer preferences, reinforcing its leadership status. Nestle India is firmly dedicated to societal and environmental well-being, showcasing its commitment to ethical practices. Its significant market capitalisation and strong workforce show its economic stability and focus on people.
