The Bombay High Court ruled in favour of Nestle to overturn the ban.
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Nestle India has informed that in response to media queries on resumption of MAGGI noodles manufacture, the Company have resumed manufacturing of MAGGI Noodles at three of its plants, at Nanjangud (Karnataka), Moga (Punjab) and Bicholim (Goa). The company’s market valuation declined by Rs 782.1 crore to Rs 3,311.90 crore.
Earlier this month Nestle said the laboratory tests had found that Maggi noodles were safe to eat.
ANI also tweeted that ” Nestle says it plans to resume the production of Maggi and launch in markets by first week of november” and the tweet is mentioned below – have a look on it.
The samples need to be cleared in the inspection only then can the sales be resumed from November onwards.
Nestle India had to recall the product from the market after several states banned the “2-minute” instant food as tests showed it contained MSG (monosodium glutamate) and lead in excess of permissible limits.
On October 16, Nestle had said that all samples of Maggi (old batches) have cleared testing by three laboratories as mandated by the High Court. The controversy has cost it about 66 million Swiss francs ($67 million).
According to the Nestle authorities the new samples will be tested once again after which Maggi would be back on the shelves.
Nestle India, took a hit of Rs 450 crore, including destroying over 30,000 tonnes of the instant noodles since June when it was banned.
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However, the company has said that it would continue with the existing formula of the product and would not change the ingredients.
