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Suresh Narayanan

FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD

This decline is due to a combination of factors, including food inflation, the outgoing Nestle CMD said at a media roundtable here.New Delhi: The FMCG sector is facing sluggish demand with the growth in F&B declining to 1.5-2% as...

Nestle India Q2 profit marginally down to Rs 899.49 cr, hit by softer demand and high commodity prices

The company had posted a net profit of Rs 908.08 crore in the July-September period a year ago, according to a regulatory filing from Nestle IndiaNew Delhi: FMCG major Nestle India Ltd on Thursday reported a marginal decline of...

Manish Tiwari to take over driving seat of Nestle India, Suresh Narayanan to retire in 2025

Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from 1 August 2025New Delhi: FMCG major Nestle India on Monday announced a change of leadership with the appointment of...

Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over the counter) segmentsNew Delhi: Nestle India and Dr Reddy's Laboratories Ltd on Thursday announced that they have entered into a...

Nestle hopes to reach 1.2 lakh villages in next 2-3 years

With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its Chairman & Managing Director...

Nestle India witnesses growth in smaller markets amid pandemic

Nestle India witnessed a change in consumption trend amid the COVID-19 pandemic as demand growth in small towns and rural areas outperformed those in the Tier-I cities, said the company's Chairman and MD, Suresh Narayanan. "Smaller towns have become the...

Nestle India's Jul-Sep net profit falls 1.4 pc, revenue rises

Nestle India on Friday reported 1.37 percent decline in its net profit, on a year-on-year basis, for the July-September quarter, at Rs 587.09 crore. During the corresponding period of the last financial year, it had reported a net profit of...

COVID-19: Nestle says consumer behaviour changing, essentials ‘taking precedence’ over luxury

The COVID-19 pandemic has brought a major shift in consumption patterns among consumers as necessary purchases are taking precedence over luxury spending, Suresh Narayanan, Chairman, Nestle India said. According to a PTI report: Stating that the coronavirus crisis has witnessed...

Nestle India's Apr-Jun net profit up 11 pc on higher sales

Nestle India on Tuesday reported an 11.15 percent rise in its net profit for the quarter ended June on a year-on-year basis on the back of rise in sales and lower taxes. Its profit after tax for the April-June quarter...

Nestle India to focus on core categories to explore growth opportunities: Suresh Narayanan

Food and nutrition major Nestle India plans to focus on core categories, including milk and nutrition, chocolates and confectionery and coffee and beverages to explore growth and expansion opportunities in these segments, a top company official said. According to a...
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Digital Icon : Umesh Sharma

With over 18 years of dynamic leadership and expertise in the ever-evolving field of marketing, Umesh Sharma leads the charge at Baazar Retail Pvt....
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