Nestle India, maker of a variety of food items, is eyeing acquisition in the Indian market with the intention to swell its product-line and plans to introduce more products in the coming days.

Mr. Antonio Helio Waszyk, the Nestle India Chairman and Managing Director, said, "We are growing, we plan to acquire one or a couple of companies to expand our product-line in India. This is the right time and we have to invest more here."

But, Mr. Waszyk did not give any time-frame for the acquirements. It may happen sooner than later, he added.

Nestle India plans to unveil new products comprising breakfast cereals in the coming days.

''It will be one among eight categories which we are looking at. Working women are growing in the country. So we think our packaged food items will get more demand here. We see more opportunities in the Indian market,'' Mr. Waszyk said.

However, he didn't give any timeline for the launch of products. (With Inputs from Agencies)