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Will not like to go for price increases wherever we can: Nestle India CMD

The New Indian Express Tirupati

|

June 27, 2025

NESTLE India chairman & managing director Suresh Narayanan said on Thursday that going forward, the FMCG major will not like to go for price increases wherever it can.

- ENS ECONOMIC BUREAU @New Delhi

The company's call on price increase will depend on the commodity prices, as coffee, which is up 60-70% and is "very difficult to manage", he added.

The board of Nestle India approved the issuance of bonus equity shares in the ratio of 1:1 to its existing shareholders on Thursday. This is the first bonus issue after the year 1996, with subdivision of shares and NSE listing in 2024.

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