Maggi to resume production at all plants; small flour millers to benefit
Updated: Oct 27, 2015 04:09:50pm
New Delhi, Oct 27 (KNN) Small flour millers across the country will bag big orders again, as Nestle will be resuming production of Maggi noodles at all its plants.
Maggi production has already resumed at three plants – Nanjangud (Karnataka), Moga (Punjab) and Bicholim (Goa) and Nestle said it is in talks with state authorities concerned to start manufacturing of the product at other facilities also.
"In compliance with the orders of the High Court of Bombay, fresh samples from these newly manufactured batches will be sent for testing to the three accredited laboratories mandated by the High Court," Nestle said in a communique to the BSE.
The company, however, informed BSE that it will "commence sale of Maggi noodles only after clearance from these three laboratories".
The stock exchange had sought clarification from the company over media reports on resumption of MAGGI noodles manufacture.
It further said that the company is "engaging with the relevant state authorities and other stakeholders at other manufacturing locations to commence manufacture at the earliest".
Nestle India faced an Rs 450 crore loss, including destroying over 30,000 tonnes of the instant noodles since June when it was banned.
However, the company has said that it would continue with the existing formula of the product and would not change the ingredients.
After, the Food Safety and Standards Authority of India (FSSAI), on June 5, banned Maggi directing Nestle to immediately withdraw and recall all nine variants of Maggi instant noodles from market, the flour millers started dumping 'maida' into the market at a loss.
Ban of Maggi in India has not only incurred a huge loss to the company, but it had also hit the small and medium players in India at the ground level incurring a loss of around Rs 4-5 lakhs per month to them. (KNN Bureau)
Maggi production has already resumed at three plants – Nanjangud (Karnataka), Moga (Punjab) and Bicholim (Goa) and Nestle said it is in talks with state authorities concerned to start manufacturing of the product at other facilities also.
"In compliance with the orders of the High Court of Bombay, fresh samples from these newly manufactured batches will be sent for testing to the three accredited laboratories mandated by the High Court," Nestle said in a communique to the BSE.
The company, however, informed BSE that it will "commence sale of Maggi noodles only after clearance from these three laboratories".
The stock exchange had sought clarification from the company over media reports on resumption of MAGGI noodles manufacture.
It further said that the company is "engaging with the relevant state authorities and other stakeholders at other manufacturing locations to commence manufacture at the earliest".
Nestle India faced an Rs 450 crore loss, including destroying over 30,000 tonnes of the instant noodles since June when it was banned.
However, the company has said that it would continue with the existing formula of the product and would not change the ingredients.
After, the Food Safety and Standards Authority of India (FSSAI), on June 5, banned Maggi directing Nestle to immediately withdraw and recall all nine variants of Maggi instant noodles from market, the flour millers started dumping 'maida' into the market at a loss.
Ban of Maggi in India has not only incurred a huge loss to the company, but it had also hit the small and medium players in India at the ground level incurring a loss of around Rs 4-5 lakhs per month to them. (KNN Bureau)
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