The Overview of Supply and Demand: Economic Analysis of Maggi Noodles in India
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2018, Vol 2, Issue 5
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
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