HomeNewsBusinessEarningsHalf the growth has come from non-noodles portfolio, says Nestle

Half the growth has come from non-noodles portfolio, says Nestle

Nestle India believes that double digit growth for the company would have been possible in June but goods and services tax (GST) seemed to have played a spoilsport. The management also sees more traction in coffee and dairy businesses.

August 02, 2017 / 15:37 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Nestle India believes that double digit growth for the company would have been possible in June but goods and services tax (GST) seemed to have played a spoilsport. The management also sees more traction in coffee and dairy businesses.

CNBC-TV18's Ashpreet Sethi caught up with Suresh Narayanan, CMD of the company and asked him about the GST impact on revenue and sales of the company.

Story continues below Advertisement

Narayanan said that the domestic sales were roughly 9 percent.

He further added that half of the growth has come from non-noodles portfolio.