Sunday, September 26, 2010

From beverages to noodles, its expansion time for FMCG firms

Some of the country’s leading FMCG companies – they include Nestle, Coca-Cola and Tata Coffee – are investing over Rs 1,800 crore in the next few months to expand capacity or for inorganic growth, 
       Nestle India is investing Rs 950 crore to set up two units to manufacture instant noodles and infant foods in Karnataka and Haryana. The Karnataka unit will be up and running in the first quarter of next calendar year, while the Haryana unit will begin commercial production by the end of next of next calendar year. It also plans a fifth facility to manufacture instant noodles, which will be put up for approval in the next two months   












LINK...http://www.business-standard.com/india/news/from-beverages-to-noodles-its-expansion-time-for-fmcg-firms/409010/

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