Poging GOUD - Vrij
Will not like to go for price increases wherever we can: Nestle India CMD
The New Indian Express Tadepalligudem
|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.
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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