To accelerate the growth of its India business, Swiss packaged food giant Nestle wants to invest Rs 5,000 crore in the nation until 2025.
Mark Schneider, Global Chief Executive Officer, Nestle, who is on an India visit said, “I think it’s abundantly clear that we’re not only talking about an Indian decade here, but we are talking about the Indian age, as we see development take off driven by digital.”
India is among the top ten markets globally for Nestle .
“Our investment plan is to invest Rs 5,000 crore till 2025. In the last 60 years, we have invested about Rs 8,000 crore and now in the next three-and-a-half years it will be Rs 5,000 crore. So that gives you a sense of our accelerated investment plans,” he said, adding that the focus will be to grow the business consistently and faster.
