Archive · 3 Jun 2025
Nestle India's Decade of Growth Under Suresh Narayanan's Leadership
Imagine a company that makes yummy treats like Maggi noodles and KitKat.
The boss of this company, Mr. Narayanan, is retiring after 10 years.
During his time, the company did very well, even though they had a big problem with Maggi noodles at one point!
The company made more money, created new products, and sold them in more places, including lots of small towns.
India is now the most important place for Maggi and a super important place for KitKat, too.
Mr. Narayanan is proud of how the company grew and changed during his time.
Nestle India achieved significant revenue and profit growth over the decade.
Suresh Narayanan is retiring as CMD after leading the company through challenges.
The Maggi crisis in 2015 was a major challenge Narayanan faced.
Nestle expanded its product range and market presence.
India is now the largest market for Maggi and the second largest for KitKat globally.
- Who
- Suresh Narayanan, CMD of Nestle India, and Manish Tiwary, the incoming MD.
- What
- Nestle India experienced strong financial growth, expanded its product portfolio, and increased its market presence under Narayanan's leadership.
- When
- Narayanan's tenure as CMD began in 2015 and he is retiring on July 31.
- Where
- India is the primary market of focus.
- Why
- Narayanan is retiring and reflecting on the decade's achievements, including overcoming challenges and driving growth.
- FY24-25 Revenue
- Rs 20,100 crore
- FY24-25 Net Profit
- Rs 3,300 crore
- Capex in FY24-25
- 10%
- Shareholder Return CAGR
- 17%
- RUrbun Distribution Touchpoints
- 28,240
- Approximate Villages Present
- 209,050