Economy · India
Nestlé India flags demand concerns, maintains long-term growth outlook
Nestlé India's management has indicated a slowdown in consumption, citing risks from the West Asia crisis and El Niño impacting near-term demand. Despite these challenges and inflationary macroeconomic headwinds, the company expressed confidence in its long-term growth prospects. The company stated its medium- to long-term growth story remains intact.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Business Standard, Mint