Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

Nestle has withdrawn Maggi noodles from sales in India

Equity_Pandit

Nestle has withdrawn Maggi noodles from sales in India, as there has seen a food scare on account of the reports of excess lead in some packets of the popular instant snack.

“The trust of our consumers and the safety of our products is our first priority,” the group said in a statement on Friday.

“Unfortunately, recent developments and unfounded concerns about the product have led to an environment of confusion for the consumer, to such an extent that we have decided to withdraw the product off the shelves, despite the product being safe.”

The company, however promised that “the trusted Maggi noodles will be back in the market as soon as the current situation is clarified”.

Learn intraday trading tips

Get Daily Prediction & Stocks Tips On Your Mobile