Indian food regulator begins enquiry into Nestle over alleged sugar use in baby foods, ET reports

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Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesBENGALURU - The Indian food regulator has started an enquiry into Nestle India over the alleged use of sugar in baby food products in low-income countries, including India, by its Swiss parent, the Economic Times reported on Thursday.

Responding to the allegations, the Food Safety and Standards Authority of India affirmed its commitment to investigating the issue thoroughly, the ET report said. Nestle India shares closed 3.3% lower on Thursday, logging its worst day since October 2022, while Nestle SA was up 0.5%.

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