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India's emergence among the top five global markets for Nestle SA is now "on the horizon", the Swiss food and beverage giant's CEO Philipp Navratil said on Wednesday. The India market is "very attractive" for Nestle and the company expects a volume-led growth there with support of investments, said Navratil, who is on a visit to India. Nestle sees "plenty of growth opportunities" in India, which is among its top ten markets and already the highest-performing for the group in terms of growth, he added. "India, in terms of growth, is one of the highest performers of the group and was the highest-performing market in the first half of 2026. It is among the top 10 markets and there continues to be further opportunity here to drive. Top five (in terms of topline contribution) is definitely on the horizon," Navratil said in a select media roundtable. When asked about the timeframe for India entering the top five list, he said the ambition was very much within near-term rather than a dist
FMCG major Nestle India on Wednesday reported a 48.26 per cent on-year rise in consolidated net profit to Rs 958.68 crore in the June quarter of this financial year, supported by strong volume growth. The company had posted a consolidated net profit of Rs 646.59 crore in the corresponding period last fiscal, Nestle India said in a regulatory filing. Nestle India's revenue from Sale of Products was up 25.4 per cent at Rs 6,363.27 crore in the June quarter of FY27. This was at Rs 5,073.96 crore in the corresponding period a year ago. "We delivered a strong quarter with sales growth of 25.4 per cent led by volume growth. Sales stood at Rs 6,363.3 crore, powered by continued consumer trust in our brands and a strong focus on execution. Exports delivered 35.6 per cent growth, despite ongoing geopolitical headwinds," Chairman and MD Manish Tiwary said. Nestle India's total income in the first quarter of FY27 stood at Rs 6,400.65 crore, up 25.5 per cent as against Rs 5,100.33 crore in the
FMCG major Nestle India is pinning its growth ambitions on the rural and semi urban markets, where aspirations are rising and the next wave of long-term consumption is being shaped, said its Chairman & Managing Director Manish Tiwary. India remains a market of immense opportunity, where consumption growth will increasingly be driven by deeper household penetration, wider distribution and stronger engagement with consumers across geographies, said Tiwary while addressing shareholders at 67th annual general meeting (AGM) of Nestle India. However, he also emphasised on the importance of understanding India's diverse consumer landscape and said the company remains focused on customer-centricity and tailoring offerings to varied consumer needs. "India is not one market and it is certainly not one consumer. It is dozens of markets layered on top of each other by income, geography, language, aspirations, habit and taste. The opportunity ahead of us is not just to serve the India that ...