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(19/08/2019 15:53)

Nestle introduces world's no. 1 cocoa-malt beverage - MILO in India

Nestle India Limited said that, “it has launched world's no. 1 cocoa-malt beverage - MILO in India,” in a filing to Bombay Stock Exchange.

Suresh Narayanan, Chairman and Managing Director, Nestle India "It is a proud moment for Nestle India and I am delighted to announce the launch of the world's no. 1 cocoa-malt beverage - MILO in India.”

“ILO has a rich legacy, having nourished young champions around the world for more than 85 years by providing nutritious energy and the inspiration to grow with sports. Over 36 million serves of MILO are consumed daily in more than 50 countries across the world,” Suresh said.

“The product is being manufactured at a state of the art factory in Singapore and is specifically tailored for the Indian consumer,” he said.

“This launch further expands the MILO brand in India and is in line with our unwavering promise to provide tastier and healthier products to our valued consumers," he added.

The shares of Nestle India traded at Rs. 12050.00 apiece, high at 38.90 points or 0.32 per cent on the BSE.