Nestle to make $104 million dollars additional investment in Pakistan

[alimohsan52]

http://www.nation.com.pk/pakistan-n...brings-104m-additional-investment-to-pakistan

LAHORE SALMAN ABDUHU - The Nestle Pakistan has announced the completion of its new milk powder drying facility plant with additional investment of $104 million at Nestle Sheikhupura factory.


Nestl Executive Vice President and Operations and Globe System In-charge Joze Lopez, who is on three three-day visit to Pakistan, inaugurated the $104 million Egron Project and visited the whole plant.


Lopez, addressing the opening ceremony, said that the existing Milk Powder Plant has now been modified with new technology and has an additional yearly capacity of 30,000 tons. The power generation capacity and waste water management system have also been upgraded and additional filling lines have been set up, he added.


He stated the Nestl is the largest food and beverage company in the world and the Sheikhupura dairy, juice and water factory embodies Nestls increased investment in Pakistan. As part of its three-year plan to expand the production capacity in the country, Nestl has invested a total of $148 million over the past two years in various factory expansion projects to meet rising consumer demands.


He added that wherever Nestl is present, the company works and invests in the long term. We are convinced that in order to be successful in the long-term we have to create value for our shareholders, as well as for society. This Creating Shared Value approach encourages businesses to create economic and social value simultaneously by focusing on the social issues that they are uniquely capable of addressing. He observed that Nestl Pakistan is committed to creating shared value for the communities it works and lives with. The company has made many contributions in this regard, by providing free technical and veterinary advisory and training support to thousands of dairy farmers in the milk districts who now have more sustainable opportunities to gain their living.


Lopez said, Pakistan is an important growth market for us and we are dedicated to meet the growing demands of our consumers. Major capacity increases, such as the one just inaugurated in Sheikhupura, allow us to constantly upgrade our facilities to the latest standards in global technology.


MD Magdi Batato, on this occasion said that Nestl Pakistan is the leading food and beverage company in Pakistan and meets international standards in the manufacturing of its products. In 2012, the company grew by 22 per cent to reach an annual turnover of Rs79 billion (Approximately $800million). Nestl Pakistan is serving the Pakistani consumers since 1988 and it also associates itself with 200,000 farmers in collecting milk and engages in a number of rural development programme for community development.


Our reality is Har Dam Pakistani, (Every Moment Pakistani) and we are delighted to provide our consumers with products manufactured in Pakistan. More than one million Pakistanis, mostly dairy farmers, participate in our value chain and this investment is a further commitment to Pakistan and its people, and to our vision of providing Behtar Kal Hamara, (A Better Tomorrow For Us) to all, said Magdi Batato, Managing Director, Nestl Pakistan.

 

[alimohsan52]

http://tribune.com.pk/story/525003/law-and-order-energy-crisis-not-a-hurdle-as-nestle-expands/
[h=1]Law and order, energy crisis not a hurdle as Nestle expands[/h]


Published: March 23, 2013

Lopez described Pakistan as a medium-sized market out of Nestle’s 468 units worldwide, despite the fact that Pakistan is the sixth most populous country on the globe. PHOTO: FILE



LAHORE: For multinationals, Pakistan always proves to be a profitable market that has large untapped potential and a population of 180 million. This is the reason why Nestle Pakistan, the global leader in food and beverages segment, is continuing to expand its operation by investing heavily and ignoring the energy crisis and poor law and order.



Nestle Pakistan has made a fresh investment of $104 million in Egron project – a milk powder drying facility – at its Sheikhupura dairy, juice and water factory.


The milk powder plant has now been equipped with new technology and it can produce an additional 30,000 tons per year. Power generation capacity and waste water management system have also been upgraded and additional filling lines have been set up.


Earlier in 2011, the company had launched four new products, of which two were milk powder products – Milkpak milk powder and Nesvita milk powder.


Success of these and other products has forced the management to enhance capacity to meet present as well as future demand for milk powder products. For higher management, growth is necessary that cannot be halted even in worse circumstances to keep Nestle number one not only in Pakistan but globally.


“Nestle operates for the long run in every part of the world, we cannot take decisions by analysing local circumstances, we are innovators, we are growing, so we are investing,” said Jose Lopez, Executive Vice President Operations of Nestle Global while talking to The Express Tribune.



For Lopez, who arrived here to inaugurate the Egron project on Friday, law and order is not something to worry about as in some other parts of the world Nestle has suffered because of security issues but is still working, like in Syria, where its unit was bombed.


“In Japan, we are about to celebrate 100 years of Nestle, during this time Hiroshima and Nagasaki suffered two major attacks, but we are still in Japan, this shows our commitment,” Lopez said.


Energy crisis and a persistent increase in inflation also could not prevent Nestle Pakistan from growing. In 2012, the company grew 22% to reach an annual turnover of $800 million (Rs79 billion).


Exports



The company also exports powdered milk to Afghanistan and nearly 8% of its revenues come from this market. Though exports can be a profitable venture, Nestle has no plans to enhance sales to Afghanistan or to some other country, unlike India from where it is exporting to Sri Lanka and Nepal.

“Nestle Pakistan is for Pakistan only, we are a part of the Pakistan economy, we invest here and find wonderful results. We are here to work with local people and suppliers for better food and better life,” Lopez said.


No price war



Nestle, which has been in Pakistan since 1988, has engaged some 200,000 farmers in an effort to enhance milk productivity. Though competition in UHT milk and juice segments is getting tougher, but Nestle is not considering it as a threat and insists that its products are of high value.


For Nestle, high-value products have their own market and such products do not compete with low-value products like pasteurised milk, which is also getting popular.


Prices for Nestle’s products are higher compared to the same products of its competitors, but it is not bothered about expensive goods. “For a high-value company like us, high cost is not an issue, the issue is to reduce waste and we are working on this,” Lopez said.


Lopez described Pakistan as a medium-sized market out of Nestle’s 468 units worldwide, despite the fact that Pakistan is the sixth most populous country on the globe.


The main reason is lack of awareness in the people, especially rural population, of such products. Still, it proves positive for Nestle as it has a lot of ground to cover and this is why it has invested $148 million over the past two years in factory expansion projects to meet rising consumer demand.


Published in The Express Tribune, March 23[SUP]rd[/SUP], 2013.

 

[gotti]

Published in The Express Tribune, March 23[SUP]rd[/SUP], 2013.

You said you had a good understanding on the Sikh civil rights movement in India?

Why don't you share information on the subject, everyday, to educate us Pakistanis on the demands of the Sikhs?

Purely for educational purposes. We have nothing against India.

I know about Simranjeet Singh Mann and the Anand Karaj Act but you seem to be someone who understands the mood of the Sikh diaspora and their people, in general.

May be your in depth knowledge on the subject can be helpful in educating other Pakistanis who might not be as well-versed on the topic as you are ;);)

 

[alimohsan52]

You said you had a good understanding on the Sikh civil rights movement in India?

Why don't you share information on the subject, everyday, to educate us Pakistanis on the demands of the Sikhs?

Purely for educational purposes. We have nothing against India.

I know about Simranjeet Singh Mann and the Anand Karaj Act but you seem to be someone who understands the mood of the Sikh diaspora and their people, in general.

May be your in depth knowledge on the subject can be helpful in educating other Pakistanis who might not be as well-versed on the topic as you are ;);)

There are two sikh channels who propagate daily anti India stuff. We can broadcast their views on a daily basis, one of their claims is that more than 250,000 Sikhs went missing between the period 1984 to 1995. (Which is hard to verify)

However, I can work on something, give me a week.

 

[gotti]

There are two sikh channels who propagate daily anti India stuff. We can broadcast their views on a daily basis, one of their claims is that more than 250,000 Sikhs went missing between the period 1984 to 1995. (Which is hard to verify)

However, I can work on something, give me a week.

Thank you brother but remember, we are clearly not anti-Indian. We are pro-human rights and freedom, like Jinnah.

Like our Quaid, we believe in supporting the rights of minorities in the subcontinent as we were one, too, which is why we can relate.

He had also offered the Sikhs dignity by joining in with Pakistan, which would have been a completely free nation under Pakistan's security.

Needless to say, Sikhs don't need anyone's help in securing themselves.

But, recent actions by a bigoted mindset in India did make them insecure and violated the rights they have as humans (these human rights violations included religious and linguistic).

We have nothing against India or it's people and neither do we survive on anti-India sentiment unlike them. They are "united" on the basis of anti-Pakistan rhetoric.

We are pro-minority rights in India.

We are not insensitive or ignorant enough to ignore their rights just because we have freedom and now, because we have it, we'll take it for granted and not care about anyone, anymore.

All Pakistanis on this site will be waiting for the information you share with us so we can aptly support the Sikhs, morally and sympathize with them, too.

We only do this, to show that we care as well as create awareness and promote education to a Pakistani audience that has people like Hamid Mir and Najam Sethi destroying their IQs.

PS. I am sure you know of the Dal Khalsa?