Nestlé Not Brewing Enough Growth as Costs, Demand Pinch

Nestlé India Ltd could be a beneficiary of the much-awaited boost to urban consumption from the budget as and when it starts to trickle in.

- Pallavi Pengonda

Nestlé India Ltd could be a beneficiary of the much-awaited boost to urban consumption from the budget as and when it starts to trickle in. The company derives around 75% of its sales from the urban market.

In a recent meeting with analysts, the management displayed confidence about the long-term prospects given the industry's compelling growth opportunity led by relatively low per capita packaged foods consumption.