Nestlé India sees near-term consumption drag but doubles down on premium, rural and e-commerce
Nestlé India flagged slowing FMCG demand and food-inflation pressure, while maintaining its medium- to long-term India growth outlook. The company is leaning on rural reach, e-commerce and premiumisation, with premium products gaining share and outpacing overall portfolio growth.
Nestle India flagged a slowdown in FMCG market growth and food-inflation pressure, but retained its long-term India consumption outlook. It is prioritising rural penetration, e-commerce and premiumisation; premium products now contribute 14% of its portfolio and outgrow overall sales.