BusinessNestle Looks To Bring Some Global Brands To India, Says 2016 Important Year
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Nestle Looks To Bring Some Global Brands To India, Says 2016 Important Year
Nestle India looks to reduce dependency on single brand
2016 was challenging, but was also satisfactory, say a top official
Its net sales rose to Rs 9,159 crore in 2016, from Rs 8,123 crore in 2015
Nestle India said its net sales went up to Rs 9,159 crore in 2016 as against Rs 8,123 crore in 2015.
Mumbai: Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said. "We have 2,000 brands globally and we will be exploring ways to bring some of them to this market," Nestle India chairman and managing director Suresh Narayanan said in the company's annual report. "We are also looking at reducing the dependency on a s...