NESTLEINDNSENestle India Limited· Food And Food ProcessingMediumPositive
Announced Wed, 1 Apr · 18:50 IST

Nestle India to add new Maggi Noodles production line at Sanand, Gujarat

Capex & Operations View source PDF

NESTLEIND · price

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Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹1175.00
prior close
₹1173.30
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AI summary

Nestle India is adding a new Maggi Noodles production line at its Sanand factory in Gujarat. This will add ~20,500 tons per annum capacity (about 14.5% increase) to the existing 141,600 TPA, which is currently running at ~80% utilization. The project requires ~₹90 crore investment, financed through internal accruals, and is expected to be completed in FY 2026-27. This is part of the company's broader capex plan for both greenfield and brownfield projects to meet future demand.

Likely market impact

Modestly positive — signals continued capacity expansion to support Maggi growth, funded internally without debt, easing near-term pressure on the Sanand plant.