Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Maggi crisis fuelled Nestlé's capex surge in past decade
Mint Chennai
|June 04, 2025
Nestlé India's capex has risen from 1.8% of sales in 2015 to 10% of sales in the fiscal ended March 2025
Packaged foods maker Nestlé India Ltd's capital expenditure has surged nearly fivefold as a percentage of its sales in the past decade, driven by greater demand for its products and its ability to manufacture more in India, according to its outgoing chairman and managing director Suresh Narayanan.
Nestlé India's capex has risen from 1.8% of sales in 2015 to 10% of sales in the financial year ended March 2025, Narayanan said in the firm's annual report released Tuesday. In FY25, the maker of Maggi noodles and KitKat chocolate posted a total income of ₹20,260.42 crore.
"As a consequence of robust growth, your company is investing in new capabilities and capacities, by increasing product lines in existing factories and setting up the Sanand factory in Gujarat, for confectionery and prepared dishes and cooking aids," said Narayanan, who is set to retire on 31 July.
Esta historia es de la edición June 04, 2025 de Mint Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Chennai
Mint Chennai
When LLMs learn to take shortcuts, they become evil
Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.
2 mins
November 28, 2025
Mint Chennai
The curious case of LIC’s voting on Reliance, Adani board resolutions
In all, of the about 9,000 resolutions since the beginning of fiscal year 2023 (FY23), LIC voted in favour of over 92% of them and abstained from voting on another 6%.
6 mins
November 28, 2025
Mint Chennai
Intel executive's home raided in Taiwan criminal probe
Wei-Jen Lo jumped to Intel from TSMC, triggering legal fight; Intel calls allegations meritless
3 mins
November 28, 2025
Mint Chennai
India seeks agri goods testing parity
India is working with the US, European Union, the United Kingdom, Singapore, Switzerland, and the Asean bloc countries to mutually accept each other’s inspection, testing and quality certification systems for farm produce in an attempt to ensure low-friction movement in such trade, two senior government officials told Mint.
2 mins
November 28, 2025
Mint Chennai
Would you like to be interviewed by an AI bot instead?
don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.
3 mins
November 28, 2025
Mint Chennai
How the latest labour codes will benefit most employees
Workers may see an increase in some statutory benefits such as gratuity and leave encashment
4 mins
November 28, 2025
Mint Chennai
Japan's Incubate plans two new funds; one for India
Incubate Fund Asia, backer of firms such as M2P and Captain Fresh, is kicking off a fundraising spree with its fourth India-focused seed fund.
1 mins
November 28, 2025
Mint Chennai
Sebi now trains sights on commodity derivatives
Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).
1 mins
November 28, 2025
Mint Chennai
Is Apple on a roll?
Apple is set to end the long reign of Samsung as the world's top smartphone company, according to Counterpoint Research.
1 min
November 28, 2025
Mint Chennai
Investors expect AI use to soar. That's not happening
An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.
2 mins
November 28, 2025
Listen
Translate
Change font size