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Nestle India looks set to deliver the 11th straight quarter of double-digit growth, said CMD Suresh Narayanan.
“We have had a good quarter at 10.2 percent growth. This will be the 11th straight quarter of double-digit growth,” said Narayanan in an interview with CNBC-TV18.
Narayanan said that tier 2, 3 and 4 towns and rural market are doing extremely well while there continues to be operating issue in urban India.
“The out-of-home consumption is gradually opening up and therefore, foresee some balancing in in-home and out-of-home consumption... Urban India still affected due to operating issues,” said Narayanan.
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