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Nestlé India Shows Resilience in Growth with Business Continuity

News Desk, News Nation 360 : The Board of Directors of Nestlé India approved the results for the second quarter of 2021. Despite the enormous challenges during the devastating second wave of the pandemic in this quarter, They are immensely proud of the resolve of the team and their partners. An unwavering determination, empathetic teamwork, singular commitment and resolute focus ensured that much-needed food and beverage products were available to their consumers. A simple, yet innovative example of this was the timely implementation of a ‘telecaller model’ to take orders across trade channels. their front-line sales colleagues stood tall to overcome serious logistical obstacles and ensure availability. Their efforts to ensure last-mile access were aided by e-commerce and in particular hyperlocal (quick commerce) channels which grew by 147% in the first half of this year. Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said that the needs of the community and supporting their people always take precedence over everything else in a crisis. Those are the values and the purpose that has been defined, which they take pride in and cherish. At the same time, as a leading food and beverage company, ensuring supplies of much-needed products to consumers is the call of duty that unites all of them at Nestlé India. Last year, their commitment to India made them articulate an ambition to invest INR 2,600 Crore (INR 26 Billion) over a 3-4-year period. He is pleased to announce that out of this, they have already invested about INR 1,000 Crore (INR 10 billion) thus far. This is a vindication of their confidence and trust in the Nestlé journey in India. At the same time, providing succour to distressed and less fortunate sections of their society is also a calling they heed. They contributed about INR 15 Crore (INR 150 Million) towards CSR spends in the areas of nutrition awareness, COVID relief initiatives etc this quarter. Further, their unwavering focus on sustainability continues and they have invested about INR 25 Crore (INR 250 Million) in a range of projects in the first half of the year. 

Report : Anustup Kundu