Instant noodles sales down by 90%!
Posted on: 07/Jul/2015 5:30:53 PM
Sales of instant noodles in India have come down phenomenally. It has come down by an extent of 90% as per the reports from ASSOCHAM.
Instant noodles used to have sales of Rs. 350 Crores per month. Now, it has come down to Rs. 30 Crores as reported by a senior official from ASSOCHAM.
He explained that the latest complaints which registered that instant noodles contained poisonous elements beyond the permitted level has led to the people becoming more cautious and stopped buying instant noodles.
Following the problems faced by Maggi instant noodles, all food manufacturers have started taking extra precautions to check the ingredients in their products.
If this situation prevails, it may lead to fall in the investments.
