Nestle India Ltd. gets in principle approval from IPICOL for food processing unit at Mundaamba.

Nestle India Ltd. has received a letter dated 13th July 2023 from The Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) informing that the State Level Single Window Clearance Authority (SLSWCA) in its meeting held on 10th July 2023 has approved "in principle" the proposal of the Company for setting up a food processing unit at Mundaamba, Block - Jankia in the district of Khordha (Odisha) with an investment of about Rs. 894.10 Crore, subject to fulfilment of customary conditions by the Company.

EQUITYBULLS