Skip to content
Subscriber Only

Nestle Pakistan to Fend Off Engro by Doubling Dairy Output

Nestle SA, the world’s biggest food company, plans to double dairy output in Pakistan by spending 300 million Swiss francs ($413 million) over the next three to four years as it looks to fend off local rival Engro Foods Ltd.

The investment will be used to build new milk factories, Ian Donald, managing director at Nestle Pakistan Ltd., said in an interview in Lahore. The money will also help boost the juice, yogurt and noodle businesses of Nestle Pakistan, whose market value doubled in the past year.