Akshaya Patra Foundation inaugurates state-of-the-art kitchen in support of Canara Bank
Nestlé aims to expand the industrial park by 2028, adding a total of six exclusive lines in the inner city of São Paulo
Nestlé plans to invest BRL 6 billion in food and drink production in Brazil, with payments scheduled between 2023 and 2025.
The funds will primarily be allocated to boost business growth, integrate new technologies, expand manufacturing facilities, transform the portfolio, and advance sustainability in Nestlé’s chocolate, coffee, pet care, and nutrition segments in Brazil.
Nestlé has announced plans to make significant developments in its chocolates and biscuits category. This includes the introduction of new production lines, technologies, and products. In 2024, a new KitKat line will be launched at the Caçapava facility in São Paulo, which is already the largest chocolate production facility in Latin America. Nestlé also aims to expand the industrial park by 2028, adding a total of six exclusive lines in the inner city of São Paulo.
Nestlé, the food and beverage giant, has stated that Brazil is moving towards innovation and premiumisation of coffee, which is adding value to the category and driving business growth. Since 2019, all of Nestlé’s coffee acquisitions have been 100 per cent certified and sustainably sourced. Nestlé’s coffees are known for their sustainability, as they offer full traceability of raw materials, use renewable energy in production, support capsule recycling in the country, and invest in regenerative agriculture in the supply chain.