Maggi Mania: Nestle India Boosts Production with New Line! 🍜

Hey Maggi lovers! Get ready for even more of your favorite instant noodles, because Nestle India is making a big move to boost production. The company has announced the addition of a brand-new Maggi Noodles production line at its Sanand Factory in Gujarat. This is exciting news for anyone who can’t get enough of those delicious two-minute noodles! 🚀

So, what’s the scoop? Nestle India is investing approximately ₹105 crore into this expansion, and it’s all being funded through internal accruals – meaning they’re using their own cash flow, which is a strong sign of financial health. This new line is expected to add a significant 20,300 tons per annum to their existing capacity of around 100,700 tons per annum at the Sanand facility. That’s a substantial increase, aiming to meet the ever-growing demand for Maggi.

This capacity addition is slated to be operational within the Financial Year 2025-26. It’s not just a one-off decision; this expansion is part of Nestle India’s larger strategic plan for capital expenditure, which includes both greenfield (new) and brownfield (existing site expansion) projects between 2020 and 2025. The goal? To increase overall capacities across their operations and ensure they can keep up with future market demand. While these specific details are for the Sanand Factory, it’s worth remembering that Nestle also whips up Maggi Noodles at its other factories across the country.

This move underscores Nestle India’s commitment to strengthening its market position and ensuring that Maggi remains a staple in Indian households. More production means more Maggi for everyone! 🎉

source: Corporate Announcement

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