Maggi Prices Set To Increase From January 1

Maggi prices could rise starting January 1, 2025, due to Switzerland’s decision to remove India’s Most Favored Nation (MFN) status. This will impact Swiss companies like Nestle, which may face higher taxes on Indian income. If Nestle’s tax burden increases, the company could raise prices, including for Maggi. Switzerland claims India has not reciprocated favorable trade terms, prompting the MFN withdrawal.