New Launch1 Feb 2025, 01:46 am
NESTLE INDIA LTD. Adds 15,000 Tons KitKat Production Line in Sanand Factory, Gujarat
AI Summary
NESTLE INDIA LTD. has announced the addition of a new KitKat production line at its Sanand Factory, Gujarat. The new line will have a capacity of 15,000 tons per annum and is part of the company's INR 5,800 crore capital expenditure plan between 2020-2025. The investment of approximately INR 1,100 crore will be financed through internal accruals. The rationale behind this increase is to meet the future demand. The company also manufactures KitKat at its Ponda Factory, Goa.
Key Highlights
- NESTLE INDIA LTD. adds a new KitKat production line in Sanand Factory, Gujarat
- The new line has a capacity of 15,000 tons per annum
- The investment of approximately INR 1,100 crore is financed through internal accruals
- This is part of the company's INR 5,800 crore capital expenditure plan between 2020-2025
- The new production line will help meet the future demand