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Maggi India News

07 Aug 2018

Maggi attains over 60% market share, touches pre-crisis level in value terms

However, volume-wise Maggi is still away from the pre-crisis period, when Nestle used to dominate the market with 75 percent market share.

22 Aug 2016

Maggi with 57% share regains top slot in noodles market

Nestle India's instant noodle brand Maggi, whose sales were severally hit by FSSAI ban last year, has regained its leadership position capturing 57 percent share of the market in June this year.

27 Dec 2015

Nestle eyes double digit growth for Maggi noodles

In the aftermath of the Maggi crisis, Nestle India is aggressively trying to increase the consumption of its flagship instant noodles brand eying double digit growth.

20 Nov 2015

Govt will continue to pursue Rs 640-cr Maggi suit

This is for the first time that a company was dragged to NCDRC using a provision in the three-decade old Consumer Protection Act.

17 Nov 2015

Maggi ban sent disturbing message to investors: Swiss envoy

Maggi is manufactured by Swiss multinational Nestle through its Indian subsidiary.

16 Oct 2015

Nestle lowers growth forecast on Maggi ban, China decline

Swiss multinational food giant Nestle on Friday lowered its full-year growth forecast to 4.5 percent this year due to ban on Maggi noodles in India and slower sales recovery in China.

12 Aug 2015

Govt damage claim from Nestle India can go beyond Rs 640 cr

The damage claim from first of its kind class action suit against Nestle India is likely to go beyond Rs 640 crore as the government is "tabulating further damages" for selling "defective and hazardous" Maggi noodles.

11 Aug 2015

Govt to seek Rs 426 crore damages from Nestle India over Maggi

The government will seek Rs 426 crore as damages from the Indian unit of Swiss giant Nestle for allegedly indulging in unfair trade practices and misleading advertisements related to Maggi, its banned noodles product.

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