Sluggish Growth in Food and Beverage
Nestlé India’s Managing Director, Suresh Narayanan, has revealed that the fast-moving consumer goods (FMCG) sector is facing tough times, with growth in the food and beverage sector slowing to just 1.5-2%. This is a stark contrast to the double-digit growth seen in previous quarters.
Urban Areas Hit Hard
According to Narayanan, urban areas are particularly…
