Nestle plans to bring back Maggi by year-end

Nestle India said it will continue with the existing formula of the product and not change the ingredients

A vendor sells a Maggi noodles packet to a customer (not pictured) inside a grocery shop in Kolkata
Press Trust of India New Delhi
Last Updated : Aug 23 2015 | 11:52 PM IST
Bolstered by the Bombay High Court order overturning the ban on Maggi, Nestle India plans to bring back the popular instant noodles back in the market by end of this year subject to certain clearances.

The company, which has taken a hit of Rs 450 crore, including destroying over 30,000 tonnes of the instant noodles since June when it was banned because of alleged excessive lead content, says it will continue with the existing formula of the product and not change the ingredients.

Read more from our special coverage on "NESTLE MAGGI CONTROVERSY"



"We will try and target something that is better than that. My desire is to do it before that but let's see," Nestle India Managing Director Suresh Narayanan told PTI in an interaction.

He said as per court directives, this quarter it would go in for testing of Maggi samples at three independent laboratories in Punjab, Hyderabad and Jaipur which are accredited with National Accreditation Board for Testing and Calibration Laboratories (NABL).

"By the time we get everything done (all clearances), it will be the middle of September. I can tell you this quarter no, unlikely. Subsequent quarter, we will try (to bring back Maggi)," Narayanan said.

He said the company has to test the Maggi samples within six weeks and after that it would start manufacturing and then the noodles would be tested again.

Asked whether the recent problems would make the company change ingredients of the instant noodles, Narayanan replied in the negative saying "what has worked for 30 years" must work in the future too, although the company would continue to work on innovation and add more variants later.

Acknowledging that the ban has 'dented' the company, Narayanan said the company has to win back consumer confidence and will "spend aggressively" on rebuilding the brand from a "zero" level through customer engagement activities and advertisements.

When asked if the company would consider seeking damages from food regulators on the back of the Bombay HC's judgement, Narayanan remained non-committal and said the company's focus would be to bring back Maggi as soon as possible, look ahead and move on while working together with authorities.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2015 | 11:48 PM IST

Next Story