“CFTRI finding shows that samples are in compliance with the food safety standards as per the Food Safety and Standards Rules, 2011”, Goa FDA Director Salim A Veljee told PTI.
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Goa has already banned sale of Maggi from June 8 and several tonnes of Maggi noodles were destroyed after tests in state-run laboratories across the country revealed that the popular packed product had excess amounts of MSG and lead. “Lead is below permissible limits”.
When asked about the FSSAI-approved lab’s finding which found Maggi noodles in compliance with the food safety standards, Koshia said, “We do not have any communication from FSSAI nor from the company”.
Panaji: The Food Safety Standards Authority of India (FSSAI)-approved food testing laboratory at Mysore Central Food Technological Research Institute (CFTRI) has confirmed the analysis of the Food and Drugs Administration (FDA), Goa, pertaining to five samples of instant Maggi noodles of Nestle India.
On NSE, the stock rose 10.19 per cent to Rs 6,998.
Maggi used to contribute around 22-25 per cent to the company’s topline and 30 per cent to its company’s profitability, according to Kotak Institutional Equities.
Maggi noodles is one of the biggest contributors to the company’s revenues with almost 20% share. “Once the report was given that the product (Maggi) was unsafe, we served notice to the company (Nestle) seeking their report on products as we found 28 samples unsafe in Gujarat”, Koshia said.
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Industry analysts agree that this is one of the strategies that Nestle India may employ to get their balance sheet back on track. Nestle India Ltd did not immediately respond to an emailed request for comment. Meanwhile, Nestle India’s new chief Suresh Narayanan had said that bringing the instant noodles brand back to the market is his top priority as he sought to strike a conciliatory note with authorities.
