Feb 20, 2019
Nestle, India SA is planning to launch two to three dozen products in 2019 across categories. The company had crossed the Rs. 11,000-crore sales mark last year. According to, MD Suresh Narayanan as their core brands have performed well, the new plan is to accelerate the business more.
Nestle along with Google, is set to roll out Ásk Nestle, an online portal which will give personalized information, curb fake news, and offer information on nutrition and dietary plans. Narayanan said the company may consider using the portal as a platform for selling its brands online, which it may link with its own ecommerce website.
He said the company would continue evaluating inorganic growth.
The revival of the government’s case against the company regarding Maggi noodles in the National Consumer Disputes Redressal Commission last month has not impacted sales of the product. The company already has a CFTRI report that has cleared Maggi as being compliant for lead and other relevant parameters.