Nestle India Suresh Narayanan, chairman and managing director (CMD), has said that the way the Food Safety and Standards Authority of India (FSSAI) functions has changed drastically in the last decade and the regulator has become more proactive and focused on the industry with a faster response. It’s done. Narayanan, who headed Nestle India after the Maggi crisis broke out almost a decade ago, said that apart from this, with the establishment of a larger number of NABL-accredited laboratories by various FSSAI leaders, the credibility of the Testing process has also increased.
Maggi noodles were banned in 2015
FSSAI had banned Maggi noodles in June 2015 after lead was allegedly found above permissible limits, forcing the company to withdraw the product from the market. Industry observers believe that FSSAI rose to national prominence only after the Maggi crisis. However, it was established almost seven years ago, in September 2008, to establish science-based standards, rules and regulations for food products. Following the lifting of the ban, Nestle India relaunched Maggi in November 2015 and regained its position in the fast-growing instant noodles segment, where it still leads with over 60 per cent market share.
Nestlé sold more than six billion servings of Maggi
Nestlé has sold more than six billion “servings” of Maggi, making India the largest market for Maggi worldwide. The company had made this claim in its latest annual report this year. When asked about the FSSAI’s evolution as a regulator in the last decade after the Maggi crisis, Narayanan said it has “come a long way”. Nestlé India is a subsidiary of the Swiss multinational Nestlé SA. India is one of the fastest growing markets for Nestlé India.
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