Nestle India Ltd adds new Maggi Noodles production line at Sanand

Nestle India Ltd has announced that a new Maggi Noodles production line has been added at the Sanand Factory, Gujarat at an outlay of ₹85 crore (approx.).

The existing capacity of 121,000 tons per annum (approx.) is running at a capacity utilization of 80% and the new addition will be 20,600 tons per annum (approx.).

This is part of the Company's planned capital expenditure in greenfield and brownfield projects between 2020-2025, to increase overall capacities to meet the future demand. The details provided above are for the Sanand Factory, the Company also manufactures Maggi Noodles at its other manufacturing locations.

Source : Equity Bulls

Keywords

NestleIndia MaggiNoodles NewProductionLine Sanand Gujarat