The number of permanent employees in Nestle India fell 3.8 per cent in FY25, though the maker of Maggi and KitKat increased its capex and is investing in new capabilities and capacities. The total number of on-roll employees of Nestle India was 8,419 in FY25, as compared to 8,736 a year ago. The increase in the median remuneration of employees in last fiscal year was 4.9 per cent. "The median percentage increase made in the salaries of employees other than the managerial personnel was 5.2 per cent while the increase in the remuneration of managerial personnel was 3.5 per cent," said Nestle India. Nestle India, which reported over Rs 20,000 crore sales in FY25, increased capex level from 1.8 per cent of sales in 2015 to 10 per cent of sales in FY25, said its outgoing Chairman Suresh Narayanan, while addressing the shareholders. The maker of Maggi, Nescafe and KitKat has already announced a succession plan, appointing Manish Tiwary as a Director and Managing Director for a five-year
The repercussions continue to weigh on the Swiss company's revenue after shoppers switched to cheaper, better advertised or more innovative brands, eating into Nestle's market share
Brand consultants agree that Maggi has transcended its product category
Throughout his career with the Nestle group, Narayanan has held numerous international leadership roles, spanning markets - Thailand, Cambodia, Myanmar, Laos, Vietnam, Egypt and more
According to the latest data shared by consumer intelligence firm NielsenIQ, the size of the Korean noodles market has surged from ₹2 crore in 2021 to over ₹65 crore in 2023
Price points such as Rs 5 and Rs 10 are easier to remember and are perceived as being affordable by customers
The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets
While some brands have braved the challenges of time, a few have become distant memories of simpler days. Some have reinvented themselves. Here's a look at 10 brands we have grown up with
While some brands have braved the challenges of time, a few have become distant memories of simpler days. Some have reinvented themselves. Here's a look at 15 brands we have grown up with
In the letter that has gone viral on social media, Kirti Dubey wrote that she had gone to a shop to buy Maggi but was sent back by the shopkeeper
Nestle India, which makes Maggi noodles, KitKat chocolate, sees 'early signs of softening' in sale of some commodities
March, the last month of the current financial year, witnessed price hike of several commodities and products including Nestle's Maggi noodles, tea, coffee, petrol, diesel, LPG and a lot more.
The Madras High Court rejects a petition by ITC and lets Maggi use the word magical in its branding. Will the ruling lead to a fresh war of words?
The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for its instant noodles brand Maggi in 2013.
As lockdown eases, ITC, Taj Hotels, Oyo, MakeMyTrip play up the safety line, bank on employee endorsements to rebuild trust in their brands
Prices of Maggi products dearer by an average 3.1%, volume up by 9.6% YoY
During the year, Nestle India strengthened its distribution base, sales capabilities and execution skills to secure the leadership position in most categories
Brand Maggi has come out all guns blazing in the years since the ban
Brand experts believe that the recent court ruling is unlikely to create a big impact on the brand
FSSAI CEO Pawan Agarwal said all the test reports on Maggi noodles, since its re-entry into the domestic market, had found it to be fit for consumption.