The company reportedly said that financially it could take a few more quarters to overcome the Rs 500-crore hit.
Nestle India is planning to launch up to 25 products across various categories, according to reports
The company reportedly said that financially it could take a few more quarters to overcome the Rs 500-crore hit.
“We have weathered the storm, although we still have two cases pending in the court. ,” Nestle India Chairman and Managing Director Suresh Narayanan was quoted as saying.
The company is focusing on rejuvenation of existing brands, adding new products and entering into new categories, says report.
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