agencyfaqs! News Bureau
Confectionery major Nestle India Ltd. has chalked out ambitious plans for its milk business in the country, which is expected to generate sales of Rs 1.50 billion in the next three to five years. It announced its plans to set up two new processing plants for milk in India, the world's largest producer of milk.
One of these plants would be set up in the southern India, which may be in collaboration with a partner, said sources at Nestle. Nestle Pure Milk brand, already launched in the west (Mumbai, Pune and Goa) and south (Bangalore, Chennai, Hyderabad, Cochin) of India, would be launched in the north within the next six months.
The brand is available in two pack sizes: the 500-ml pack retails at Rs 12 in the markets of the west and at Rs 12.50 in the markets of the south; and the 1-litre pack retails at Rs 20 in the markets of the west and for Rs 22 in the south.
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