Nestle India, the subsidiary of Swiss dairy major Nestle, is all geared to set up its ninth plant in the country. The company had acquired about 50 acres of land at Sanand, nearly 30 kilometres from Ahmedabad, for a manufacturing plant, said Gujarat government officials.
An email query to Nestle India remained unanswered. The state, which had been dominated by Gujarat Co-operative Milk Marketing Federation (GCMMF), had found opposition about multi-national companies entering the state with Dr Verghese Kurien, former chairman of GCMMF, being most vocal about the threat to milk co-operatives.
However, in recent times, a number of MNCs had been setting units in the state. Nestle would join a number of other fast moving consumer
Evidence against Rajat Gupta devastating: Prosecution
'Gupta's $10 mn loss deliberate hanky panky by Rajaratnam'
Rajat Gupta not to testify in his own defense
Berkshire's Ajit Jain to give testimony in Gupta trial
'Don't forget Rajat Gupta's philanthropic work in India'