Nestle plans 10th factory in India; investing to augment capacity of existing units

FMCG major Nestle India is planning to open a new factory to meet the growing demand here and is scouting for the ideal location, its Chairman & Managing Director Suresh Narayanan said. This would be the tenth factory for Nestle India, which last year announced to invest Rs 5,000 crore in the country by 2025 to accelerate its core business and leverage new growth opportunities. When asked bout the possibility of a new factory in India, Narayanan told PTI.