Nestlé India Bets Big on Rural Growth
Nestlé India sees rural and semi-urban markets as its biggest long-term growth opportunity, with Chairman and Managing Director Manish Tiwary stating that rising aspirations and deeper household penetration will drive the next phase of consumption growth. The company is strengthening its presence through wider distribution, digital investments and manufacturing expansion while focusing on volume-led growth…
Britannia Bets Big on Dairy and Croissants
Food major Britannia Industries is accelerating its diversification strategy beyond biscuits by expanding into high-growth segments such as dairy, croissants, cakes, wafers and rusk, as it aims to become a broader foods company. These “adjacent categories” currently contribute about 25% of the company’s total revenue, but the management is targeting around 50% share in the…