Nestle India faces commodity inflation, particularly with coffee and cocoa at decade-high prices, impacting volume growth and margins. Outgoing Chairman Suresh Narayanan anticipates stabilization and a more positive outlook in upcoming quarters, emphasizing cost-saving measures and responsible pricing. Despite challenges, new product launches and e-commerce strategies contribute to sales, with India becoming a key market for Nestle.
Categories
Finance/Money
Commodity inflation to fall, outlook appears positive in coming quarters: Nestle India CMD
