Nestle: to invest in R+D Centre in India

Vevey / CH. (nsa) Nestle S.A. announced the establishment of an R+D Centre in India. The facility will be built in Manesar, close to Nestle India´s headquarters in Gurgaon, and will be operational in 2012. This investment of around 50 million CHF will help to further strengthen Nestle´s R+D capabilities in emerging markets. Nestle has a strategic focus and leadership in emerging markets where the company expects sales to reach 45 percent of total by 2020.

The new centre will focus on Popularly Positioned Products (PPPs), especially for India but also worldwide. PPPs meet the specific needs of consumers with lower income levels by offering them high-quality, nutritionally enhanced products at affordable prices.

At the stone laying ceremony to make the announcement were Mr. Subodh Kant Sahai, Minister for Food Processing Industries, Mr. Klaus Zimmermann, Head of Nestle R+D Centres worldwide and Mr. A. Helio Waszyk, Chairman and Managing Director of Nestle India.

«Today we are not only marking Nestle´s continuing long-term commitment to R+D, but also celebrating the building of Nestle´s first R+D Centre in India. The research at this centre will provide exciting opportunities for innovation. It will allow us to offer consumers in India and beyond the choice of tasty, healthy, and nutritious products», said Nestle´s Senior Vice President Klaus Zimmermann at the event.

«Nestle India is the country´s leading Nutrition, Health and Wellness company. Our continuous access to Nestle global R+D has significantly contributed to our performance and Nestle´s decision to establish an R+D centre in India will be an additional competitive advantage in the future. It will help us to accelerate the company´s growth and contribute towards reducing nutritional deficiencies in India», said A. Helio Wasyzk.

Nestle has had a presence in India since 1912 and today operates seven factories located across the country. In 2009 its sales reached 52’224 million INR. Nestle India has benefited from Nestle´s global R+D network, with innovative PPPs such as Maggi noodles, Masala ae magic spice seasoning and Chotu Munch chocolate confectionery.

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