Winning Recipe

My strategies now are more targeted and focused and that works

In the second quarter of FY20, Nestle India was a clear outlier in consumer goods. While peers such as Hindustan Unilever, Britannia and others reported a tepid single-digit growth in revenues, Nestle grew revenues by 10.5 per cent and profits by 33.5 per cent.

The company has come a long way from the Maggi crisis days. The Chairman and MD, Suresh Narayanan, sounds spiritual when he says, “The Maggi crisis reinforced my belief that if you, good happens to you. Numerous instances during the course of the crisis would show that there was a superior hand ensuring that we found the strength to come out of it.” He says the goodwill the brand had generated over decades helped it the most then.