Nestle India Chairman & Managing Director Suresh Narayanan on Monday asserted that the company’s infant food formulation for children below 18 months is done on a global basis and the allegation that “it is racially stereotyped is unfortunate” and untrue.
Addressing reporters here, he
Nestle India is also looking to increase its total touchpoints to 60 lakh across the country in the next 4-5 years, up from 51 lakh at present, Narayanan said while speaking to reporters here. "The future of consumer goods companies will rest on their capability to penetrate more households, with more products for more occasions and usage," he said, while stressing on the need to shore up volume.
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Nestle India Chairman and Managing Director Suresh Narayanan asserted that the company's infant food formulation for children below 18 months is done on a global basis and the allegation that "it is racially stereotyped is unfortunate" and untrue.