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Nestle India to double rural sales distribution network in next 2-3 years

20 Aug 2019 Evaluate

Nestle India is planning to expand in rural areas and aiming to double its sales distribution network in next 2-3 years. Currently, the company gets around 20-25 per cent contribution from the rural market. The company also expects its online sales to rise in coming years.

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 1368.60
Varun Beverages 433.75
Britannia Industries 4931.60
LT Foods 431.15
Hatsun Agro Product 1143.10
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