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Packaged foods major Nestlé India has said that it is investing in innovation as an engine for growth in the country since India is the fastest-growing market for it globally.
"Our total sales witnessed a double-digit growth as we navigated a dynamic market landscape," said Suresh Narayanan, chairman and managing director (CMD), Nestlé India, in the company's annual report for FY24, spanning 15 months.
Penetration, premiumisation and innovation combined with disciplined resource allocation were the key growth drivers for the business, the report stated.
Bu hikaye Business Standard dergisinin June 18, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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