Nestlé India satisfied with performance and will remain focussed

Mr. Carlo M Donati, Chairman & Managing Director and Mr. Michael T Scales, Director Finance & Control restated Nestlé India's commitment to the economic model that focuses on seven value drivers that are a mix of sales growth, capital efficiency and profit margins. They also reiterated commitment to the four strategic pillars for the company's operations-low cost operations, innovation & renovation, improved product availability and effective consumer communications.

Mr. Donati said, "We are clear in our strategy and the search for excellence continues. Nestlé India has continued to grow the domestic market even though the performance of FMCG companies has not been particularly healthy. I am optimistic that continued focus on our business and ongoing initiatives to facilitate innovation and renovation, distribution management and consumer communications will help us to sustain our performance."