NEW DELHI : Swiss packaged food company Nestlé India Ltd’s 2% year-on-year revenue growth in the June quarter fell short of analysts’ estimates, primarily due to production disruptions and declining sales amid the covid-led lockdown.
In an interview, Suresh Narayanan, chairman and managing director, Nestlé India, shared his views on the increasing value of digital engagement with the consumer.
Edited excerpts:Do you see an uptick in consumer sentiment and mobility?Covid-19 is not just a health challenge, it is also a humanitarian call to redefine the way humans live, engage and work innovatively.
I do believe that companies that are better placed to react to the new normal will naturally be preferred more by consumers.Food companies need to.