Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share

Nestle India Ltd, the Indian subsidiary of Nestle which is the world’s largest food and beverage company has relaunched Maggie for Rs 10 in small towns and villages to regain the stability in the market which they lose due to a price hike of the ready made noodle in the few last years.

The new Rs 10 packet Maggie, weighing 40 grams will be introduced in small rural markets and towns.

The prices of the Maggie first rose to Rs 12 from 10 in the recent years, after observing the increase in the prices of raw materials the Swiss company again raised the prices to Rs 14 in the year 2022.

By Business Correspondent

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