Nestle India unveils initiative to support entrepreneurs through kiosk business model

Nestlé India has launched an initiative, ‘Entrepreneurship for YOUth’, for helping aspiring entrepreneurs through its kiosk business model. This move is a part of Nestlé’s global youth initiative, ‘Nestlé Needs YOUth’, which targets to develop job opportunities and nurture budding entrepreneurs through its kiosk business model.

This initiative has been launched to support the youth of the country with these unprecedented times.

Nestlé India said, “Nestlé India reaffirms its commitment towards the youth of the country with the announcement of ‘Entrepreneurship for YOUth’ initiative.”

Under this initiative, aspiring entrepreneurs can build Nestle Kiosks under a franchisee-operated business model. The investment between Rs 5-15 lakh will be required to set up a kiosk. The franchisees can operate these kiosks under Nescafe, Maggi, KitKat, which are called NESCAFÉ Corner, Maggi Hotspot, KitKat Break Zone, respectively. 

Suresh Narayanan, Chairman and Managing Director, Nestlé India said in the statement, “Entrepreneurship serves as a backbone to the industrial and economic growth of any country. A considerable portion of our population may well be India’s future entrepreneurs, who are in need of guidance, support, and direction, now more than ever. Through this initiative, we want to encourage the youth of the country to believe in their entrepreneurial dreams.”

“With a high emphasis on creating a conducive working environment and a simple financial module, I am certain that this initiative will prove to be a great platform for youth to prove their caliber, start and run their own business successfully, create more job opportunities and be a part of the growing franchise family of ONE Nestlé,” he added.