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    Global FMCG giants find an Indian answer to their Western slowdown

    Global consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as demand slows in the US and Europe. Companies are betting on premiumisation, wider distribution and fast-growing channels such as ecommerce and quick commerce, with several reporting stronger momentum in India than in developed markets.

    India's a call-out market, but there's room to grow: Nestle

    Nestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall food sector growth in the country. Nestle is investing in its Maggi and KitKat brands as they capture consumer preferences for convenience and diversity. Despite a revenue increase, food inflation remains a significant concern for the company. Regulatory scrutiny on Nestle India's labeling practices has also emerged recently.

    Nestlé India says rising inflation, particularly food inflation, is a reality

    Nestlé India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust volume growth across its product categories. Despite challenges from rising food inflation and volatile commodity prices, the company aims to enhance operational efficiencies. Investment in advertising and marketing increased as brand growth remains a priority for the organization.

    Food and beverage cos rush to revise recipes ahead of warning labels

    Food and beverage makers are proactively reducing sugar, salt, and fats in their products. This reformulation effort is happening well before the government's final labelling verdict. Companies are accelerating these changes, fearing negative sales impacts from proposed warning labels. Multinational corporations are also reducing ingredients ahead of global headquarters' mandates. This strategic shift aims to comply with upcoming regulations and consumer expectations.

    From Maggi to Thums Up, India's food debate turns to what global brands sell here

    India's proposal for food health warning labels ignites a national discussion. Companies sell less nutritious versions of brands in India compared to other markets. The food safety regulator plans tougher red warning labels on unhealthy products. This move comes after public anger and industry opposition to front-of-pack warnings. India's packaged food market continues its rapid growth trajectory.

    Nestle CEO says Middle East conflict driving inflation, higher supplier costs

    Nestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting suppliers globally. The company is also streamlining its brand portfolio through divestments and potential acquisitions. Nestle advocates for food manufacturers' involvement in India's front-of-pack labeling discussions. Efforts continue to reduce sugar, salt, and fat content in many products.

    The Economic Times
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