Swiss food giant Nestlé has approved plans to double its investment in India to INR6bn (US$128m) in a bid to increase its market share.

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A spokesperson for Nestlé confirmed today (29 September) that the food group’s investment in India for the current financial year stands at INR3bn.


With the company’s increasing focus on developing markets, the spokesperson said that Nestlé has indicated that it will invest heavily in the Indian market.


“India is a very big growth opportunity that we hope to grasp. This is important for the group’s future,” the company said.

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