Investors need to monitor the success of new products launches of Nestle India
Key thing to watch for Nestle India is the success in innovative product launches
Investors are looking for proof that Nestle, the world's largest packaged food company, can improve performance when the sector is battling a slew of upstart brands and changing consumer tastes and habits.
The Swiss food giant on Thursday cut its outlook for the year, saying it now expected its full-year sales to rise by 3.5 percent after posting an increase of 3.3 percent for the first nine months. It previously said it expected full-year organic sales to rise by around 4.2 percent.
The companies said they are developing a new digital health platform to provide individuals with more personalised recommendations around nutrition, lifestyle and fitness.