Nestle opens first R&D centre in India

Tags: Nestle, Consumer
FMCG firm Nestle India today opened its first research and development centre in India to further its understanding of Indian consumers and to provide scientific and technological expertise to rest of its global business.

The company has invested 50 million Swiss Francs (about Rs 287 crore) in the centre which has come up at Manesar in Haryana.

"Our R&D centre in India will help us gain important insights in to the local consumer's eating habits and taste preferences as well as greater expertise in using and processing local ingredients to develop products for India and beyond," Nestle Chief Executive Officer Paul Bulcke told reporters.

As with all Nestle's R&D centres, it will be a part of the company's worldwide R&D network enabling Nestle to acquire local knowledge and use it on a global scale, he added.

The centre which will specialise in Asian noodles and cooking will focus on developing highly nutritious, affordable products in appropriate serving sizes for lower income consumers, the company said.

"Nestle's investment in India reflects its long term commitment to strengthen R&D capability in emerging markets," Bulcke said.

With opening of this centre the company aims to extend the range of mainstream products it currently offers in the country particularly in noodles, cereals and dairy categories, he added.

Nestle employees 7,000 people in the country and its products are sold in 40 lakh outlets across India.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sex education in schools can help bring do​wn juvenile crime

    Whatever the health minister’s views on banning “vulgar” sex education in schools, given the backdrop of the Bangalore child rape, and the count

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Why cleanliness is a vital human right

I have spent the past few months in India witnessing ...

Parvez Imam

Tourism agenda with a colonial undertone

Tourism is supposed to bring in foreign exchange and provide ...

Dharmendra Khandal

Let the tiger breathe in its natural home

The world has been observing July 29 as International Tiger ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture