Nestle Products

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Near-term margins, however, may remain under pressure

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each

The world's biggest food group has weathered the COVID-19 pandemic better than some peers as its focus on high-growth categories helped offset a slump in food sales to restaurants and cafes

Swiss giant lowers its expectations for organic growth this year to 2-3%, from 'more than 3.5%' previously

Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-supplied estimates

As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings

A fresh launch for Milo, healthy noodles, and conscious digital-focused advertising is driving the Swiss multinational's plan for India

Firm's chief says double digit will be difficult, but the kind of issues faced by other sectors may not get replicated in FMCG, as it still has plenty of low-payout, low-budget essentials

While beverages posted 1.3% volume growth, milk products declined for the fifth year in a row