Nestle plans to bring more global products to India

In its annual report for 2016, CMD Suresh Narayanan says exploring ways to bring in 2,000 brands

Nestlé India, best-known for its Maggi instant noodles, is considering options to introduce more international products in the country.

In its just-released annual report for 2016, Suresh Narayanan, chairman and managing director, Nestlé India, said, “We have 2,000 brands globally and we will explore ways to bring them to India.”

The statement acquires significance since Nestlé, following the Maggi crisis in 2015, has been looking to reduce its dependence on the instant noodle brand, which gave it nearly 30 per cent of its revenue earlier. For 2016, the company reported a 12.8 per cent increase in net sales to Rs