Nestlé India Receives Approval Under Production Linked Scheme
The Company has informed BSE that in June 2021, Nestlé India Limited had submitted its proposal towards the Government of India’s production linked scheme for the food processing sector under the eligible categories i.e., ready to eat / ready to cook and processed fruits & vegetables.
On 6th December 2021, Nestlé India Limited received communication from the Government of India that its proposal w.r.t. processed fruits & vegetables has been approved. Nestlé India Limited would like to thank the Government of India for approving its application under the Production Linked Incentive (PLI) Scheme. The Company has always believed that the PLI scheme for the food processing sector will help farmers and the food processing industries. It is overall a good step for an industry that has one of the better ratio of capital investment and employment generation.
PDF file of the letter submitted to Stock Exchange