Made in just two minutes, Maggie has hit the pockets of people once more again. Nestle has revamped Maggi's prices today, with Nestle raising the price of many of its products. Let me tell you that Maggi's market share in Instant Noodle is 61 per cent and Maggi has 27 per cent share in Nestle's total sales.
Nestle has increased the price of Maggi by nine per cent. The price of the Maggi Masala 70 gm packet was reduced from Rs 12 to Rs 11. After this, it has raised its price to Rs. 12. For information, let us know that in the year 2017, Maggi's sales were about Rs 2,700 crore.
Along with this, the price of 140 gm pack of Nestle Maggi Masala has been increased from Rs 22 to Rs 24, and Nestle has increased the price of 320 gram pack of Maggi Vege flour noodle from Rs 75 to Rs 82. The price of 280 grams of Maggi Masala has been increased from 44 rupees to 48 rupees and chicken noodle 300 gram packet from 55 rupees to 60 rupees. After this, Nestle will now launch some more products in the Indian market this season.