Indian Packaged Food Market To Be Double In 5 10 Years To USD 70 Bn Nestle India CMD

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Indian Packaged Food Market To Be Double In 5-10 Years To USD 70 Bn: Nestle India CMD
'The market today is worth USD 35 billion and we are expecting it to go to USD 70 billion,' said Narayanan while adding that because of the pandemic, there could be some delay in that but 'cannot be denied also'.
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The Indian packaged food market is expected to be double and grow up to USD 70 billion in the next 5-10 years, led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestlé India Chairman and Managing Director Suresh Narayanan on Friday.

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