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Nestle Invests ₹900 Crore in New Odisha Factory, Marking Eastern India Expansion”

Written by: Team Angel OneUpdated on: Apr 4, 2025, 2:57 PM IST
Nestle India has launched its first factory in eastern India, located in Khordha, Odisha, with an investment of ₹900 crore.
Nestle Invests ₹900 Crore in New Odisha Factory, Marking Eastern India Expansion”
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Nestle India has taken a significant step in expanding its manufacturing footprint with the establishment of its first factory in eastern India. The foundation stone for the new facility was laid in Khordha, Odisha, in the presence of the Hon’ble Chief Minister of Odisha, Shri Mohan Charan Majhi. This factory, Nestle India’s tenth in the country, represents a crucial milestone in the company’s commitment to the ‘Make in India’ initiative and its ongoing efforts towards sustainable and technologically advanced manufacturing.

Strategic Importance of the Khordha Factory

The Khordha factory is set to play a vital role in Nestle India’s expansion plans. With an initial investment of approximately ₹900 crores, the facility will focus on producing food products, including prepared dishes and cooking aids. The strategic choice of Odisha as a location not only enhances Nestlé’s reach in eastern India but also aligns with the region’s growing industrial potential.

 

During the groundbreaking ceremony, Shri Mohan Charan Majhi expressed his support for the project, highlighting its potential to drive economic growth and employment in the region. The factory is expected to bring in advanced technology, boost local industry, and provide a sustainable, digitally managed, and paperless manufacturing environment.

Commitment to Sustainability and Diversity

“With a steadfast adherence to ‘Make in India,’ we had announced our tenth factory in Odisha, reaffirming the significance of India as a market,” said Suresh Narayanan, Chairman and Managing Director, Nestlé India. “We are confident that this upcoming factory will not only help us with our business but will also stand tall as a vibrant example of gender diversity, sustainable manufacturing, a paperless, digitally managed facility with an abiding focus on the environment.”

 

Nestlé India has a wide network of manufacturing plants located in various regions of India, including Moga, Choladi, and Pantnagar, and is further extending its presence with a new factory in Khordha, highlighting their commitment to nationwide consumer reach.

 

Moreover, Nestle India aims to make this factory an inclusive workplace, fostering gender diversity and providing employment opportunities for a broader workforce. This move reflects the company’s long-term vision of creating sustainable growth while making a positive social impact.

Nestle India Share Performance 

As of April 04 2025, at 9:50 AM, Nestle India share price was trading at ₹2,262.35, reflecting a surge of 0.74% from its previous closing price. Over the past month, it has surged by 5.40%.

Conclusion

The establishment of Nestle India’s first factory in eastern India marks a major step forward in the company’s expansion strategy. By integrating cutting-edge technology, sustainability, and inclusivity, Nestle India is reinforcing its position as a leader in the food manufacturing industry. The Khordha facility is set to contribute significantly to economic development while setting new benchmarks for modern and responsible manufacturing.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Apr 4, 2025, 2:57 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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