Nestle's global CEO Paul Bulcke says India has all the ingredients for growth. "The company is all set to invest 50 million swiss francs in a new R&D facility in the country," he adds.
The world's leading nutrition, health and wellness company, Nestle continues to bet big on India. Nandu Nandkishore, the executive vice president of Nestle told CNBC-TV18 that Nestle is eying new segments and will soon unveil new products.
India is an important market for the world’s largest beauty and cosmetics company, L’Oreal. This company is doing very well in India. It has been growing at about 32% over the last two years and touched Rs 1000 crore of turnover last year.