The turnover of FMCG major Nestle India's has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company's latest annual report. At the time of crisis, Nestle India's turnover was at Rs 8,100 crore.
Nandu NandKishore, executive vice-president Nestle S.A., discusses the challenges the company faces in India and future plans for the country.
The foods major has moved to higher price points even though a similar strategy flopped last year. Will it be second time lucky?
The company now plans to bet on health sciences, skin care and specialised products, says Arnab Dutta.
Company claims new use for kala jeera extract, provoking alarmed campaigners here and abroad; says reaction not based on facts.
Mars Inc set to open first chocolate factory in India.
Nestle has maintained healthy growth in Japan by maintaining a a tradition of trying out off-beat marketing tactics.
Is India's most popular instant noodles banned in Uttar Pradesh?
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
Sensex ends belowe 26,800 on domestic concerns.
As competition heats up, health drink brands like GSK, Mondelez, Nestle get more aggressive with promotions and promises.
Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.
10 things you need to know about the life of Liliane Bettencourt.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
