The Overview of Supply and Demand: Economic Analysis of Maggi Noodles in India

Abstract

Maggi noodles first appeared on Indian market in 1983. In India maggi instant noodles were very popular. Maggi become the "˜third staple"™ of Indian food after wheat and rice. Maggi specifically formulated to serve vegetarians. In May 2015, food safety regulations from barabanki, utttarpradesh, India reported the samples of magi 2 minutes noodles had unexpectedly high level of monosodium glutamate as well as up to 17 times the permissible limit of lead. FSSAI ordered a recall of all nine approved variants of maggi instant noodles and oats masala from India. Many states of India banned maggi after the FSSAI decision. June, 2015 the central government of India banned nationwide sale of maggi products. The nationwide ban was struck down by the Bombay high court. All the samples of the maggi have been cleared with led much below permissible limit. Maggi come back to the shelves in India from November 2015 after the high court order to nestle to manufacture and sell the newly manufactured products. Taniya Mirza"The Overview of Supply and Demand: Economic Analysis of Maggi Noodles in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd17015.pdf http://www.ijtsrd.com/economics/other/17015/the-overview-of-supply-and-demand-economic-analysis-of-maggi-noodles-in-india/taniya-mirza

Authors and Affiliations

Keywords

-

Related Articles

An Analytical Study on Consumer Buying Behaviourf for Bakery Products

Bakery product refers to the products which are sold in a bakery or store to the consumer in a packed form. Indias growing middle class and their changing food habits are giving huge opportunities to the fast food and ba...

Real Time Facial Expression Recognition and Imitation

The object of this paper was Real Time Facial Expression Recognition FER has become main area of interest due to its wide applications. Automatic Facial expression recognition has drawn the attention of researchers as it...

UV-Visible Spectrophotometric Method of Paracetamol Tablet Formulation

A novel, safe and sensitive method of spectrophotometric estimation in UV-region has been developed for the assay of Paracetamol in its tablet formulation. The method have been developed and validated for the assay of...

All Kinds of Impact Analysis of Prolonged Lockdown or Quarantine by Taking Bangladesh as an Example

Covid 19 infection around the world is a huge challenge. The quarantine we are experiencing because of covid 19 has forced people from many parts of the globe to lead unexpected lives. Nowadays, quarantine has become a m...

Avoiding Data Piracy in Artworks using Blockchain

With the tremendous development of internet, we can share any media from anywhere in the world. This paved the way for data sharing illegally “ pirated versions of data shared among persons. In our proposed system, the o...

Download PDF file
  • EP ID EP389681
  • DOI -
  • Views 101
  • Downloads 0

How To Cite

(2018). The Overview of Supply and Demand: Economic Analysis of Maggi Noodles in India. International Journal of Trend in Scientific Research and Development, 2(5), 983-990. https://europub.co.uk/articles/-A-389681