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{{Short description|Indian subsidiary of Nestlé}}
{{Use Indian English|date=July 2020}}
{{Use dmy dates|date=September 2020}}
{{Infobox company
| name = Nestlé India Limited
| logo = Nestlé textlogo.svg
| logo_size = 200
| type = [[Public]]
| traded_as = {{ubl|{{BSE|500790}}
|{{NSE|NESTLEIND}}
|[[BSE SENSEX|BSE SENSEX Constituent]]
|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}
| ISIN = INE239A01016
| industry = [[Food processing]]
| founded = {{start date and years ago|1959|03|28|df=yes|p=yes}}
| hq_location = Nestle House, Jacaranda Marg, 'M' Block, [[DLF (company)|DLF]] City, Phase II
| hq_location_city = [[Gurgaon]], [[Haryana]]
| hq_location_country = [[India]]<ref>{{Cite web|title=Nestle India > Location Details > Food Processing > Location Details of Nestle India - BSE: 500790, NSE: NESTLEIND|url=https://www.moneycontrol.com/company-facts/nestleindia/locations/NI|access-date=24 July 2020|website=www.moneycontrol.com|language=en}}</ref>
| area_served = [[India]]
| key_people = {{ubl|Suresh Narayanan ([[Director_(business)#Managing_director|CMD]])|David Steven McDaniel ([[Chief financial officer|CFO]])|Martin Roemkens ([[Executive director|Executive Director]])|Swati Ajay Piramal ([[Independent director|Independent Director]])}} <ref name=ms/>
| products = {{ubl|[[Maggi]]|[[Nescafé]]|Milkmaid|Cerelac|[[KitKat]]|[[Nestea|Néstea]]|[[Polo (confectionery)|Polo]]}}<ref name=id/>
| revenue = {{Increase}} {{INRConvert|12615.78|c}}<ref name=pls>{{Cite web|title=Nestle India Profit & Loss account, Nestle India Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/nestleindia/profit-lossVI/NI|access-date=24 July 2020|website=www.moneycontrol.com|language=en}}</ref>
| revenue_year = 2019
| operating_income = {{Increase}} {{INRConvert|2674.99|c}} <ref name=pls/>
| income_year = 2019
| net_income = {{Increase}} {{INRConvert|1969.55|c}} <ref name=pls/>
| net_income_year = 2019
| assets = {{Decrease}} {{INRConvert|7058.20|c}}<ref name=bs>{{Cite web|title=Nestle India Balance Sheet, Nestle India Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/nestleindia/balance-sheetVI/NI|access-date=24 July 2020|website=www.moneycontrol.com|language=en}}</ref>
| assets_year = 2019
| equity = {{Decrease}} {{INRConvert|1932.26|c}} <ref name=bs/>
| equity_year = 2019
| num_employees = 7,649 <ref name=ms/>
| parent = [[Nestlé]] (62.76%) <ref name=ms/><ref name=shp/>
| website = {{url|https://www.nestle.in/|nestle.in}}
}}
'''Nestlé India Limited''' is the Indian subsidiary of [[Nestlé]] which is a Swiss [[Multinational corporation|multinational company]]. The company is headquartered in [[Gurgaon]], [[Haryana]]. The company's products include [[food]], [[beverages]], [[chocolate]], and [[confectionery|confectioneries]].<ref>{{Cite web|title=About Nestle India Ltd {{!}} Company information {{!}} capitalmarket|url=https://www.capitalmarket.com/Company-Information/Information/About-Company/Nestle-India-Ltd/175|access-date=23 July 2020|website=www.capitalmarket.com}}</ref><ref name=ms>{{Cite web|last=MarketScreener|title=Nestlé India Limited: Shareholders Board Members Managers and Company Profile |url=https://www.marketscreener.com/NESTLE-INDIA-LIMITED-6493165/company/|access-date=23 July 2020|website=www.marketscreener.com|language=en}}</ref><ref name=id>{{Cite web|last=India|first=Nestle|date=|title=investors documents|url=https://www.nestle.in/sites/g/files/pydnoa451/files/investors/documents/analysts_meet_finance_nov_17_2014_upload_1.pdf|url-status=live|archive-url=|archive-date=|access-date=|website=}}</ref>

The company was [[Incorporation (business)|incorporated]] on 28 March 1959 and was [[Corporate promoter|promoted]] by Nestle Alimentana S.A. via a subsidiary, Nestle Holdings Ltd.<ref name=":0">{{Cite web|last=Company profile|first=Bloomberg|date=|title=Nestle India Ltd|url=https://www.bloomberg.com/profile/company/NEST:IN|url-status=live|archive-url=|archive-date=|access-date=|website=}}</ref><ref name=":1">{{Cite web|title=Nestle India History {{!}} Nestle India Information |url=https://economictimes.indiatimes.com/nestle-india-ltd/infocompanyhistory/companyid-13330.cms|access-date=23 July 2020|website=economictimes.indiatimes.com}}</ref> As of 2020, the parent company [[Nestlé]] owns 62.76% of Nestlé India.<ref name=shp>{{Cite web|title=Nestle India Shareholding Pattern |url=https://economictimes.indiatimes.com/nestle-india-ltd/shareholding/companyid-13330.cms|access-date=23 July 2020|website=economictimes.indiatimes.com}}</ref> The company has 9 production facilities in various locations across India.<ref name=":3" />

== History ==
Nestlé India is one of the largest players in India's [[Fast-moving consumer goods]] segment and has a long history in the country.<ref>{{Cite news|title=Nestle India Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/nestle-india-175/information/company-history|access-date=24 July 2020}}</ref>
* Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was [[Corporate promoter|promoted]] by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahama Islands.<ref name=":0" /><ref name=":1" />
* The company built their first production facility in 1961 at [[Moga, Punjab|Moga]], in the Indian [[States and union territories of India|state]] of [[Punjab, India|Punjab]].<ref name=":2">{{Cite web|title=About Nestle India Ltd {{!}} Company information {{!}} capitalmarket|url=https://www.capitalmarket.com/Company-Information/Information/About-Company/Nestle-India-Ltd/175|access-date=23 July 2020|website=www.capitalmarket.com}}</ref><ref>{{Cite web|title=Presence Across India|url=https://www.nestle.in/aboutus/presenceacrossindia|access-date=24 July 2020|website=Nestlé|language=en}}</ref>
* Nestlé's second plant was set up at Choladi in [[Tamil Nadu]], the plant was built primarily to process the tea grown in the area.<ref name=":2" />
* In 1989, the company established a factory at [[Nanjangud]] in [[Karnataka]].<ref name=":2" /><ref name=":1" />
* The company entered the [[confectionery]] business in 1990 by introducing Nestlé premium chocolate.<ref name=":2" />
* In 1991, they started the production of [[Soybean|soya]] based products through a [[joint venture]] with the BM Khaitan group.<ref name=":2" />
* In the year 1995 and 1997 Nestlé established two facilities in [[Goa]] at [[Ponda, Goa|Ponda]] and [[Bicholim]] respectively.<ref name=":2" /><ref name=":1" />
* In April 2000 they entered the liquid [[milk]] and [[iced tea]] markets.<ref name=":2" />
* 2006 marked the year when the company set up its 7th factory at [[Pantnagar]] in [[Uttarakhand]].<ref name=":2" />
* The company opened another plant in [[Karnataka]] in 2011 bringing up its total plants in India to eight.<ref name=":2" />
* In October 2020, Nestle India announced investment of Rs. 2,600 crores for a new plant at [[Sanand]] in [[Gujarat]]

== Production ==
Nestlé India currently has 8 manufacturing facilities across [[India]] and 1 under construction. They are at:<ref name="ms" /><ref name=":2" /><ref name=":3">{{Cite web|date=8 June 2015|title=All 8 Nestle plants under FSSAI scanner|url=https://indianexpress.com/article/business/business-others/all-8-nestle-plants-under-fssai-scanner/|access-date=24 July 2020|website=The Indian Express|language=en}}</ref>

# [[Moga, Punjab|Moga]], [[Punjab, India|Punjab]]
# [[Samalkha]], [[Haryana]]
# [[Nanjangud]], [[Karnataka]]
# Choladi, [[Tamil Nadu]]
# [[Ponda, Goa|Ponda]], [[Goa]]
# [[Bicholim]], [[Goa]]
# [[Pantnagar]], [[Uttarakhand]]
# Tahliwal, [[Himachal Pradesh]]
# [[Sanand]], [[Gujarat]] (under construction)

== Controversy ==
In June 2015, Nestlé India's instant noodles product '[[Maggi]] [[Noodle|Noodles]]' was banned by the [[Government of Delhi]] for a 15 day period after [[lead]] and [[monosodium glutamate]] in samples of the product were found to be beyond permissible limits.<ref>{{Cite web|date=June 3, 2015|title=Maggi Controversy: Why it is being banned in India?|url=https://www.indiatoday.in/education-today/gk-current-affairs/story/maggi-controversy-why-it-is-being-banned-in-india-255448-2015-06-03|access-date=26 July 2020|website=India Today|language=en}}</ref><ref>{{Cite web|last=Jha|first=Durgesh Nandan|date=June 4, 2015|title=Trouble mounts for Maggi: Delhi govt bans sale for 15 days|url=https://timesofindia.indiatimes.com/india/Trouble-mounts-for-Maggi-Delhi-govt-bans-sale-for-15-days/articleshow/47525207.cms|access-date=26 July 2020|website=The Times of India|language=en}}</ref><ref>{{Cite web|last=Guest|first=Forbes|title=When It Comes to Putting Out Fires, Nestlé India's Suresh Narayanan Is No Novice|url=https://www.forbes.com/sites/forbesasia/2018/01/17/when-it-comes-to-putting-out-fires-nestle-indias-suresh-narayanan-is-no-novice/|access-date=26 July 2020|website=Forbes|language=en}}</ref> On 5 June 2015 Maggi noodles were banned nationwide by the [[Food Safety and Standards Authority of India]].<ref name=":4">{{Cite web|title=Subscribe to read {{!}} Financial Times|url=https://www.ft.com/content/b705b444-418b-11e5-9abe-5b335da3a90e|access-date=26 July 2020|website=www.ft.com}}</ref> The ban was overturned on 13 August 2015 following the [[Bombay High Court]]'s order and samples of Maggi Noodles were ordered to be retested within 6 weeks by three labs authorized by the [[National Accreditation Board for Testing and Calibration Laboratories]].<ref>{{Cite web|title=Nestlé’s Half-Billion-Dollar Noodle Debacle in India|url=https://fortune.com/longform/nestle-maggi-noodle-crisis/|access-date=26 July 2020|website=Fortune|language=en}}</ref><ref name=":4" /><ref>{{Cite web|date=14 August 2015|title=Ban on Maggi: High Court lifts ban, orders fresh tests within 6 weeks|url=https://indianexpress.com/article/india/india-others/ban-on-maggi-lifted-bombay-hc-orders-fresh-test-of-noodle-samples/|access-date=26 July 2020|website=The Indian Express|language=en}}</ref><ref>{{Cite web|date=13 August 2015|first=Shibu |last=Thomas|title=Relief for Nestle, Bombay HC sets aside food regulator's ban on Maggi|url=https://timesofindia.indiatimes.com/india/Relief-for-Nestle-Bombay-HC-sets-aside-food-regulators-ban-on-Maggi/articleshow/48463583.cms|access-date=26 July 2020|website=The Times of India|language=en}}</ref> Nestle was fined ₹45 lakh for the incident by the district administration.<ref>{{Cite web|date=29 November 2017|title=Maggi controversy: Between 2015 and now|url=https://indianexpress.com/article/india/maggi-lab-test-fail-ban-uttar-pradesh-nestle-india-4960056/|access-date=26 July 2020|website=The Indian Express|language=en}}</ref> Between 5 June 2015 when the noodles were first banned and 1 September 2015, Nestlé recalled 38,000 tonnes of Maggi Noodles from stores and incinerated them at 11 cement plants across India.<ref>{{Cite web|last=Mitra|first=Sounak|date=15 February 2017|title=The Maggi ban: How India’s favourite two-minute noodles lost 80% market share|url=https://www.livemint.com/Companies/1JKHsutTXLWtTcVwdIDg0H/The-Maggi-ban-How-Indias-favourite-twominute-noodles-lost.html|access-date=26 July 2020|website=Livemint|language=en}}</ref><ref>{{Cite web|last=Comcowich|first=William|date=4 October 2018|title=PR Crisis Management Lessons from the Nestlé Maggi Noodle Controversy|url=https://glean.info/pr-crisis-management-lessons-from-the-nestle-maggi-noodle-controversy/|access-date=26 July 2020|website=glean.info|language=en-US}}</ref> Nestlé eventually cleared the [[Bombay High Court]] mandated lab tests and Maggi Noodles were allowed to be manufactured and sold again.<ref>{{Cite web|date=17 October 2015|title=Maggi clears Bombay HC mandated lab tests: Nestle India|url=https://indianexpress.com/article/india/india-news-india/maggi-clears-bombay-hc-mandated-lab-tests-nestle-india/|access-date=26 July 2020|website=The Indian Express|language=en}}</ref>

== References ==
{{reflist}}

==External links==
* {{official website}}

{{Nifty 200 companies}}
{{Nestlé}}
{{S&P CNX Nifty companies}}
{{BSE Sensex}}

{{DEFAULTSORT:Nestle India}}
[[Category:BSE SENSEX]]
[[Category:NIFTY 50]]
[[Category:Indian companies established in 1959]]
[[Category:Indian subsidiaries of foreign companies]]
[[Category:1959 establishments in East Punjab]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Nestlé India - Revision history

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