By Punjabnewswire4u
CHANDIGARH, MAY 20
Nestle India limited today evinced keen interest to invest Rs. 500 crore for the expansion and modernization of its existing unit at Moga.
An assurance to this effect given by the Chairman & Managing Director (CMD) of Nestle India Limited Mr. Antonio Helio Waszyk to the Punjab Chief Minister Mr. Parkash Singh Badal during a meeting here at Chief Minister’s residence this morning.
Taking part in the deliberations, Mr. Waszyk apprised the Chief Minister that NIL had total investment of Rs. 9500 crore across the country. He said Nestle had already invested nearly Rs. 250 crore and the balance amount of Rs. 250 crore would be invested for technological upgradation, expansion and modernization of its Moga based plant over a period of next two years.
Silencing the recent rumors spread by the opposition about the winding up of Nestle operations at Moga, the today’s meeting of Mr. Waszyk with the Chief Minister has put all the speculations at rest, especially in the light of assurance given by CMD Nestle to make hefty investment worth Rs. 500 crore there. Mr. Waszyk told the Chief Minister that the company had launched its first unit in 1961 at Moga and termed it as ‘Jewel in Crown’ of their investments across the globe. He said “It is a plant in Punjab run by Punjabis, which is evident from the fact that out of total work force of 25,000
employees, 90% are Punjabis. Likewise, Nestle purchases raw material worth Rs. 650-700 crore from Punjab annually. At present, the company was procuring milk from as many as 1,10,000 dairy farmers across the state which was reflective of Nestle’s affinity with Punjabi farmers.
Mr. Waszyk further said Nestle was fortunate to launch its operation from Moga which proved to be a gateway for their entry in India at eight different locations.
Mr. Waszyk also responded positively to the proposals of the Chief Minister to set up a State-of-the-art composite dairy centre in collaboration with Punjab Government comprising a super specialty
veterinary hospital, model dairy farm, a breeding centre and a training facility for the dairy entrepreneurs in the state. The state government would work out the modalities for arranging suitable Panchayat or Government land in some village near Moga for setting up of this composite dairy centre.
On the persuasion of Chief Minister, Mr. Waszyk agreed in principle to upgrade 3-4 existing private dairy farms to demonstrate the modern dairy practices, which would prove to be a beacon for the young dairy entrepreneurs to adopt dairy as an allied farming so as to achieve the target to double the milk production in the state on one hand and to give impetus to the diversification of agriculture on the other. Mr. Waszyk also apprised the Chief Minister about the Community Shared Value (CSV) programme run by the Nestle to sensitize the adolescence girls about personal hygiene besides a team of 40 veterinary doctors was providing the advanced health care facilities to the cattle of the
dairy farmers in the state free of cost.
Winding up the deliberations, the Chief Minister assured the visiting Nestle team that the Punjab Government would extend all possible cooperation and support to fructify their investment plans in the near future. On the issue of exemption of purchase tax on the procurement of milk, Mr. Badal assured to get this issue thoroughly examined from the state Excise and Taxation Commissioner adding he said the interests of all the stake holders including dairy farmers, procurement agencies and State Government would be safeguarded while resolving this issue. The Chief Minister also assured the Nestle Chief that he would soon take up the issue of the proposed General Sales Tax
raised by them with the government of India for its early resolution.
Mr. Badal reiterated his commitment for the welfare of farming community at all costs besides promoting dairy farming in a big way to boost crop diversification programme in the state.
Highly appreciating the commendable work done by Nestle as a water resources group in the world for the conservation of ground water, the Chief Minister invited Nestle’s water expert Prof. Asit K. Biswas for seeking his expertise to address the problem of depleting water table in Punjab effectively on the top priority. It may be recalled Prof. Biswas had already done marvelous work in the field of preservation of ground water in several countries in China, Vitanam besides Gujrat in
India.
Mr. Waszyk was accompanied by Senior Vice president Corporate Affairs Mr. Sanjay Khajuria and resident Co-ordination Manager Mr. Jaspal Singh Sidhu.
Meanwhile, Chief Minister’s Principal Secretary Mr. S.K. Sandhu, Additional Principal Secretaries Mr. K.J.S. Cheema and Mr. Gaggandip Singh Brar, Excise and Taxation Commissioner Mr. Anurag Verma also attended the meeting.
Nestle India limited today evinced keen interest to invest Rs. 500 crore for the expansion and modernization of its existing unit at Moga.
An assurance to this effect given by the Chairman & Managing Director (CMD) of Nestle India Limited Mr. Antonio Helio Waszyk to the Punjab Chief Minister Mr. Parkash Singh Badal during a meeting here at Chief Minister’s residence this morning.
Taking part in the deliberations, Mr. Waszyk apprised the Chief Minister that NIL had total investment of Rs. 9500 crore across the country. He said Nestle had already invested nearly Rs. 250 crore and the balance amount of Rs. 250 crore would be invested for technological upgradation, expansion and modernization of its Moga based plant over a period of next two years.
Silencing the recent rumors spread by the opposition about the winding up of Nestle operations at Moga, the today’s meeting of Mr. Waszyk with the Chief Minister has put all the speculations at rest, especially in the light of assurance given by CMD Nestle to make hefty investment worth Rs. 500 crore there. Mr. Waszyk told the Chief Minister that the company had launched its first unit in 1961 at Moga and termed it as ‘Jewel in Crown’ of their investments across the globe. He said “It is a plant in Punjab run by Punjabis, which is evident from the fact that out of total work force of 25,000
employees, 90% are Punjabis. Likewise, Nestle purchases raw material worth Rs. 650-700 crore from Punjab annually. At present, the company was procuring milk from as many as 1,10,000 dairy farmers across the state which was reflective of Nestle’s affinity with Punjabi farmers.
Mr. Waszyk further said Nestle was fortunate to launch its operation from Moga which proved to be a gateway for their entry in India at eight different locations.
Mr. Waszyk also responded positively to the proposals of the Chief Minister to set up a State-of-the-art composite dairy centre in collaboration with Punjab Government comprising a super specialty
veterinary hospital, model dairy farm, a breeding centre and a training facility for the dairy entrepreneurs in the state. The state government would work out the modalities for arranging suitable Panchayat or Government land in some village near Moga for setting up of this composite dairy centre.
On the persuasion of Chief Minister, Mr. Waszyk agreed in principle to upgrade 3-4 existing private dairy farms to demonstrate the modern dairy practices, which would prove to be a beacon for the young dairy entrepreneurs to adopt dairy as an allied farming so as to achieve the target to double the milk production in the state on one hand and to give impetus to the diversification of agriculture on the other. Mr. Waszyk also apprised the Chief Minister about the Community Shared Value (CSV) programme run by the Nestle to sensitize the adolescence girls about personal hygiene besides a team of 40 veterinary doctors was providing the advanced health care facilities to the cattle of the
dairy farmers in the state free of cost.
Winding up the deliberations, the Chief Minister assured the visiting Nestle team that the Punjab Government would extend all possible cooperation and support to fructify their investment plans in the near future. On the issue of exemption of purchase tax on the procurement of milk, Mr. Badal assured to get this issue thoroughly examined from the state Excise and Taxation Commissioner adding he said the interests of all the stake holders including dairy farmers, procurement agencies and State Government would be safeguarded while resolving this issue. The Chief Minister also assured the Nestle Chief that he would soon take up the issue of the proposed General Sales Tax
raised by them with the government of India for its early resolution.
Mr. Badal reiterated his commitment for the welfare of farming community at all costs besides promoting dairy farming in a big way to boost crop diversification programme in the state.
Highly appreciating the commendable work done by Nestle as a water resources group in the world for the conservation of ground water, the Chief Minister invited Nestle’s water expert Prof. Asit K. Biswas for seeking his expertise to address the problem of depleting water table in Punjab effectively on the top priority. It may be recalled Prof. Biswas had already done marvelous work in the field of preservation of ground water in several countries in China, Vitanam besides Gujrat in
India.
Mr. Waszyk was accompanied by Senior Vice president Corporate Affairs Mr. Sanjay Khajuria and resident Co-ordination Manager Mr. Jaspal Singh Sidhu.
Meanwhile, Chief Minister’s Principal Secretary Mr. S.K. Sandhu, Additional Principal Secretaries Mr. K.J.S. Cheema and Mr. Gaggandip Singh Brar, Excise and Taxation Commissioner Mr. Anurag Verma also attended the meeting.
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