Nestle India posts 25% jump in Q1 profit
India was a bright spot for global consumer goods major Nestle in the March quarter, reporting a 24.7% year-on-year growth in consolidated net profit to Rs 737 crore, while consolidated revenue rose…
Amul, seeks to take on the ‘Cokes of the World’
Amul, India’s largest dairy brand, is rapidly scaling up its portfolio of non-dairy products to become a total foods and beverages company to compete with Nestle, Britannia, Coca-Cola and ITC,…
Lactalis buys out Fonterra-Nestlé dairy venture in Brazil
French dairy major Lactalis has acquired the joint-venture assets in Brazil owned by Fonterra and Nestlé. Lactalis, which already has a presence in the South American country, has struck a deal for Dairy…
Nestle to start milk procurement centre in Jammu: JKDFA
Nestle India will open its fresh milk procurement centre in Jammu by the end of this month.This was disclosed by office bearers of J&K Dairy Farming Association (JKDFA) while addressing…
Fonterra and Nestlé partner to create net zero carbon emissions dairy farm
The partnership hopes to achieve a “New Zealand first” – a commercially viable net zero carbon emissions dairy farm. The five-year project will be run with co-partner Dairy Trust Taranaki…
Nestlé Is Set To Release Animal-Free Dairy Products This Year
Food and beverage giant Nestlé has announced that it is “exploring” the potential of animal-free dairy through a partnership with California-based Perfect Day. The news makes Nestlé the latest in…
National Dairy Plan-II from April 2023 to form dairy cooperatives
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
Nestle gung-ho about India, to invest 5000 Crores by 2025
Buoyed by the heralding of an “Indian age” in its business, Nestle has charted a ₹5,000-crore accelerated investment plan till 2025 to grow its India business. Speaking at a select…
Nestle Q4 results: Net profit dips 20% YoY to Rs 387 cr; rev up 9%
FMCG giant Nestle India on Thursday reported a net profit of Rs 386.66 crore for the October-December quarter, down 19.99 per cent year-on-year (YoY) from Rs 483.31 crore recorded during…
Covid speeds up Nestle’s brands’ geo-target approach
The consumer goods company is leveraging its cluster strategy to launch products tailored to local tastes and preferences Consumer goods firm Nestle India’s Chairman & Managing Director, Suresh Narayanan, believes…