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Nestle India planning to increase prices amid rising raw materials costs

27 Sep 2018 Evaluate

Nestle India is planning to selectively increase prices of their some products to offset rising prices of base raw materials such as wheat and milk.

Besides, the company is also now gearing up for the next wave of capacity expansion after having a volume driven growth in last 18 months. The company is mulling expansion of its existing production facilities besides venturing into new locations.

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

Peers
Company Name CMP
Nestle India 1363.30
Varun Beverages 432.90
Britannia Industries 4934.25
LT Foods 425.95
Hatsun Agro Product 1145.10
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