A fresh launch for Milo, healthy noodles, and conscious digital-focused advertising is driving the Swiss multinational's plan for India
Brand Maggi has come out all guns blazing in the years since the ban
ICICI Direct says Nestle India could have a weightage of near 1 per cent in Nifty index
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
Analysts say double-digit earnings growth necessary to sustain pricey stock valuations
Nestle Chief Executive Mark Schneider put the skin health unit up for sale last September as the group moved to ditch underperforming businesses
While long-term growth prospects remain intact due to likely lower margin gains ahead, analysts have cut earnings estimates by 2-3 per cent
Nestle India's domestic sales, which form over 90 per cent of its net sales, witnessed a 10.2 per cent rise with strong volume growth
Nestle also announced plans to launch organic food products in the category 'milk products and nutrition' in the coming months
Royalty has been a contentious issue in India with proxy advisory firms and investors
The higher input cost impact on margins may be offset by premiumisation, cost efficiency measures and price hikes
Nestle India had sold 254,553 mt of food items under its flagship brand Maggi in 2014. Its volume sales in the category stood at 240,879 mt in 2018 - 5.4% lower
The fragmented consumer health sector is attractive for deals because of aging populations in many industrialised nations, increased interest in health and rising incomes, analysts say
The firm is launching a consumer outreach campaign, starting Saturday, to allay any fears about presence of harmful ingredients in the popular instant noodle
Nestle, said experts, is also keen to expand its nutrition business in the country in line with its global strategy
Though management indicated input cost pressure, price hikes and cost efficiency should help protect margins
The company has stepped up marketing activities in order to strengthen its brands, says Nestle Chairman
The GST anti-profiteering body probed a complaint against Nestle for not cutting prices of its products
Nestle's highest-ranking executive in Asia, Wan Ling Martello, is planning to take on a new job rather than retiring
'We are starting to see improved momentum in North America and in our infant nutrition category globally'