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Brand Factory

Nestle to invest Rs 4,200 cr by 2025, will set up 10th factory in Odisha

FMCG major Nestle India has strong commitments for local manufacturing with plans to invest Rs 4,200 crore by 2025, including in its 10th plant in the country at Odisha, its Chairman and Managing Director Suresh Narayanan said on Friday. Nestle India, the maker of popular Maggi noodles, KitKat chocolate and Nescafe, is investing to create capacity as it sees "fairly robust" demand in coming years in the Indian market. "The investments done are fairly significant... till the first half of 2023, about Rs 2,100 crore already been invested on capital investments," said Narayanan in a media roundtable here. These investments are for augmentation of manufacturing capacity, he said adding a third of that has gone into food space, another one-third on chocolate and confectionary and the rest on nutrition and others. "Another Rs 4,200 crore is being spent between 2023 and 2025. This includes around Rs 900 crore for a new factory in Odisha," he said. Last year in September, Mark Schneider,

Nestle to invest Rs 4,200 cr by 2025, will set up 10th factory in Odisha
Updated On : 28 Jul 2023 | 4:45 PM IST

Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%

Future Retail admitted in a statement that the Covid-19 pandemic had impacted its business significantly

Future Retail posts net loss of Rs 692 cr in Q2, revenue declines 74%
Updated On : 13 Nov 2020 | 11:10 PM IST

Fashion firms feel slowdown pangs for second straight quarter; sales down

Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4

Fashion firms feel slowdown pangs for second straight quarter; sales down
Updated On : 10 Aug 2019 | 11:02 PM IST

Festive gifting for all

Digital campaign promotes Brand Factory's offers but targets audience beyond Bengal for Durga Puja

Festive gifting for all
Updated On : 06 Sep 2017 | 11:46 PM IST

Brand Factory eyes Rs 3,500 cr turnover by 2020

The company is looking at closing the current fiscal with net sales of Rs 1,500 crore

Brand Factory eyes Rs 3,500 cr turnover by 2020
Updated On : 18 Dec 2016 | 5:10 PM IST

Taking competition head-on

Brand Factory, Future Group's value retail chain, takes potshots at online retail players by urging customers to 'Snap the deal', 'Flip the kart' and 'Amaz-off' as they hunt for the best discount

Taking competition head-on
Updated On : 21 Mar 2016 | 12:08 AM IST