Nestlé India
Mr. David Steven McDaniel (Exec. Director of Fin. & Control, CFO and Whole-Time Director)
Mr. Matthias Christoph Lohner (Whole-time Director & Exec. Director of Technical)
Summary
Nestlé India Limited manufactures and sells food products in India. The company provides milk products and nutrition, including dairy whitener, condensed and UHT milk, yoghurt, maternal and infant formula, baby food, and health care nutrition products; prepared dishes and cooking aids, such as noodles, sauces, seasonings, pasta, and cereals; powdered and liquid beverages comprising instant coffee and tea, as well as ready to drink beverages; and confectionery products consisting of bar countlines, tablets, and sugar confectionery products. It also exports its products internationally. The company was incorporated in 1959 and is headquartered in Gurugram, India.
History
Nestlé India is one of the largest players in India's fast-moving consumer goods sector and has a long history in the country.
Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahama Islands.
The company built their first production facility in 1961 at Moga, in the Indian state of Punjab.
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.
In 1991, they started the production of soya based products through a joint venture with the BM Khaitan group.
In the year 1995 and 1997 Nestlé established two facilities in Goa at Ponda and Bicholim respectively.
2006 marked the year when the company set up its 7th factory at Pantnagar in Uttarakhand.
The company opened another plant in Karnataka in 2011 bringing up its total plants in India to eight.
In October 2020, Nestle India announced investment of Rs. 2,600 crores for a new plant at Sanand in Gujarat. Initial phase of production commenced from 1 October 2021.
Mission
Nestlé's purpose is enhancing quality of life and contributing to a healthier future. We want to help shape a better and healthier world. We also want to inspire people to live healthier lives. This is how we contribute to society while ensuring the long-term success of our company.
Vision
We want to shape a better and healthier world. This was how we started more than 150 years ago when Henri Nestlé created an infant cereal that saved the life of a child. Learn more about our global history.
Key Team
Mr. Pramod Kumar Rai (Company Sec. & Compliance Officer)
Ms. Rashi Goel (Head of Communications & Cereals)
Mr. Shashank Kumar Nair (Corp. Communications Mang.)
Ravi Ramchandran (Head of Sales)
Amit Narain (Global Head of HR)
Mr. Hari Nariani (Head of ISIT/Nestlé Bus. Excellence)
Mr. B. Kannan (Head of Centre of Expertise - Sales)
References
Mr. David Steven McDaniel (Exec. Director of Fin. & Control, CFO and Whole-Time Director)
Mr. Matthias Christoph Lohner (Whole-time Director & Exec. Director of Technical)
