BSE Prices delayed by 5 minutes ! Prices as on   May 18, 2024 - 12:49PM   ABB India 8393.3 [ 0.21% ]ACC 2514 [ -0.29% ]Ambuja Cements 619.7 [ -0.12% ]Asian Paints Ltd. 2816.55 [ 0.24% ]Axis Bank Ltd. 1145 [ 0.32% ]Bajaj Auto 8791.7 [ 0.14% ]Bank of Baroda 262.5 [ 0.48% ]Bharti Airtel 1349.5 [ 0.40% ]Bharat Heavy Ele 310.05 [ 3.49% ]Bharat Petroleum 628.2 [ -0.04% ]Britannia Ind. 5109 [ 0.43% ]Cipla 1403.9 [ 0.33% ]Coal India 469.7 [ -0.14% ]Colgate Palm. 2692.7 [ 0.40% ]Dabur India 538.75 [ 0.51% ]DLF Ltd. 851.25 [ 0.28% ]Dr. Reddy's Labs 5812.5 [ 0.23% ]GAIL (India) 208.75 [ 2.40% ]Grasim Inds. 2436.85 [ 0.55% ]HCL Technologies 1340.1 [ 0.54% ]HDFC 2729.95 [ -0.62% ]HDFC Bank 1465.4 [ 0.03% ]Hero MotoCorp 5093.3 [ 0.05% ]Hindustan Unilever L 2330.7 [ 0.49% ]Hindalco Indus. 660 [ 0.72% ]ICICI Bank 1132.4 [ 0.17% ]IDFC L 114.35 [ 0.09% ]Indian Hotels Co 571.25 [ 0.00% ]IndusInd Bank 1416 [ 0.30% ]Infosys L 1443.75 [ -0.02% ]ITC Ltd. 436.5 [ -0.02% ]Jindal St & Pwr 1014 [ -0.14% ]Kotak Mahindra Bank 1696.4 [ -0.04% ]L&T 3464.25 [ 0.41% ]Lupin Ltd. 1661.9 [ 0.57% ]Mahi. & Mahi 2504.5 [ -0.40% ]Maruti Suzuki India 12600 [ -0.35% ]MTNL 37.4 [ 1.27% ]Nestle India 2502.2 [ 2.33% ]NIIT Ltd. 104 [ -0.29% ]NMDC Ltd. 280.05 [ 1.30% ]NTPC 366 [ 0.16% ]ONGC 279.1 [ 0.65% ]Punj. NationlBak 126.15 [ 0.88% ]Power Grid Corpo 316.85 [ 1.12% ]Reliance Inds. 2869.05 [ -0.06% ]SBI 821.3 [ 0.42% ]Vedanta 458.55 [ 3.63% ]Shipping Corpn. 230.9 [ -1.64% ]Sun Pharma. 1532.85 [ 0.08% ]Tata Chemicals 1080 [ -0.38% ]Tata Consumer Produc 1096.5 [ 0.27% ]Tata Motors 952.95 [ 0.76% ]Tata Steel 167.9 [ 0.39% ]Tata Power Co. 441.25 [ 1.13% ]Tata Consultancy 3850 [ 0.42% ]Tech Mahindra 1305.7 [ 0.07% ]UltraTech Cement 9860.25 [ -0.31% ]United Spirits 1180.5 [ -0.14% ]Wipro 462.35 [ 0.28% ]Zee Entertainment En 140.7 [ 4.26% ]
BSE

MARKETS

News Details

( As on 25/04/2024 15:07)

Nestl‚ India launches the much-awaited NESPRESSO

The much-awaited NESPRESSO, the pioneer in premium coffee with its range of exclusive coffees will be launched in India by the end of 2024. The NESPRESSO coffees and machines will be available in both original and professional systems, to serve domestic and professional consumers. The first NESPRESSO boutique is intended to be opened in Delhi, before expanding to other key cities.

NESPRESSO will also be sold online through e-commerce platforms. This launch will bolster Nestl‚ India's premium coffee offerings.

NESPRESSO – a certified B Corp™ - plays a pivotal role in driving coffee innovation, discovering unparalleled coffee blends, formulating new recipes, and offering a premium coffee experience for consumers. All NESPRESSO coffees are manufactured in high quality, state of the art manufacturing factories in Switzerland and exported to Nestl‚ markets worldwide.

Suresh Narayanan, Chairman and Managing Director, Nestl‚ India said, “I am very happy that NESPRESSO will soon be available for consumers, coffee aficionados and coffee connoisseurs in India, to unlock new experiences and discover extraordinary coffees. In recent years, coffee consumption in India has witnessed a surge, with a discernible trend towards inhome consumption. A growing young population, exposure to global trends, and new experiences has established India as one of the fastest-growing coffee markets for Nestl‚.”

Guillaume Le Cunff, CEO of Nestl‚ NESPRESSO S.A., said, “I am delighted that we will be introducing NESPRESSO to coffee lovers in India. For almost 40 years, NESPRESSO has been committed to elevate the coffee experience through our signature taste, and our commitment to sustainability embodied in our firm belief that coffee can be a force for good. After sourcing green coffee from India since 2011, I am excited to see the brand continue to grow in this promising coffee market.”

NESPRESSO focuses on high-quality beans through the NESPRESSO AAA Sustainable Quality™ Program, which was co-created in collaboration with the Rainforest Alliance in 2003.

The program now includes over 150 ,000 coffee farmers across 18 countries. Around 600 NESPRESSO agronomists work directly with farmers, providing training and resources to improve coffee quality, farm productivity and sustainability. By selling high quality coffee to NESPRESSO, the farmers receive a premium which could improve their income and a more secure livelihood. Over 93% of coffee is sourced sustainably through the NESPRESSO AAA Sustainable Quality™ Program. NESPRESSO has been sourcing high quality green coffee from India since 2011 and works directly with around 2,000 coffee farmers in the country.

Headquartered in Lausanne, Switzerland, NESPRESSO is available in over 90 markets and hasa network of over 800 boutiques in approximately 500 cities.