#Nestle India keenly focusing on PLI, Capex & Growth!
@dmuthuk @Gautam__Baid @Prakashplutus @Prashanth_Krish @FI_InvestIndia @neerajarora91 @RajarshitaS
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@dmuthuk @Gautam__Baid @Prakashplutus @Prashanth_Krish @FI_InvestIndia @neerajarora91 @RajarshitaS
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1/ #PLI scheme
-They believe once these policy initiatives are executed on the ground, it will be positive for food processing exports.
-They believe once these policy initiatives are executed on the ground, it will be positive for food processing exports.
2/ #Capex Plans
-Announced plans to invest ₹2600 cr in next 3-4 yrs, with a sharp focus on productivity improvements.
-New factory in Sanand, Gujarat is under construction
currently.
-They seek more nutritious and immunity boosting propositions in pandemic times.
-Announced plans to invest ₹2600 cr in next 3-4 yrs, with a sharp focus on productivity improvements.
-New factory in Sanand, Gujarat is under construction
currently.
-They seek more nutritious and immunity boosting propositions in pandemic times.
-The capacities are being ramped up and investments
are being made because they are reaching the threshold levels of maximum capacity utilization of 80-85%.
-The new factory will add 15-20% more to the noodle category capacity
are being made because they are reaching the threshold levels of maximum capacity utilization of 80-85%.
-The new factory will add 15-20% more to the noodle category capacity
3/ Growth
-Gave double digit growth in July-Sep
-Rural was key driver offsetting muted growth in urban
-Company doubled outreach points by setting up wholesale hubs & increased distribution coverage to 90,000 villages from 45,000
-Growth in Urban was 6% & rural was up by 12%
-Gave double digit growth in July-Sep
-Rural was key driver offsetting muted growth in urban
-Company doubled outreach points by setting up wholesale hubs & increased distribution coverage to 90,000 villages from 45,000
-Growth in Urban was 6% & rural was up by 12%
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