The Swiss food company Nestle SA announced that the company is planning to launch two three dozen products in 2019 across various categories. The company had crossed the Rs 11,000-crore sales mark last year.
MD Suresh Narayanan said, while addressing reporters at a roundtable meeting at its R&D centre in Manesar, “Our core brands have performed well and we are looking to accelerate our business.”
The company has also announde that the maker of Maggi noodles and KitKat chocolate, along with Google, is set to roll out Ásk Nestle, an online portal which will give personalised information, curb fake news, and offer information on nutrition and dietary plans.
Narayanan also added, “The company may consider using the portal as a platform for selling its brands online, which it may link with its own ecommerce website. The company would continue evaluating inorganic growth.”
Narayanan mentioned, “The Supreme Court’s revival of the government’s case against the company regarding Maggi noodles in the National Consumer Disputes Redressal Commission last month has not impacted sales of the product. The company already has a CFTRI report that has cleared Maggi as being compliant for lead and other relevant parameters.”