Nestle India Faces Wake-Up Call to Wean Itself Off Noodles

The nationwide recall of Nestle SA’s Maggi instant noodles at its Indian unit may serve as a wake-up call for the company: don’t put all eggs in one basket.

Nestle India Ltd.’s prepared foods division, which is largely composed of Maggi instant noodles, was the only business that saw sales volumes grow last year, according to its annual report. Quantity of milk products, chocolates and coffee, which accounted for the remaining 70 percent of its revenue, have all declined by an average 8 percent.