Strong mid-single-digit growth in India business: Nestle
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New Delhi, Oct. 21 -- Packaged food and beverage company Nestle on Wednesday said its India business posted a strong mid-single-digit growth in the third quarter, with good momentum in Maggi, Nescafe and KitKat brands.
"South Asia continued to perform well. India posted strong mid-single-digit growth, with good momentum in Maggi, Nescafe and KitKat," the company said in its global earnings statement. The maker of Purina pet food, Nescafe coffee and Maggi noodles announced its nine months and third quarter global earnings on Wednesday.
For the first nine-months of the year, it reported organic sales growth of 3.5% supported by continued strong momentum in the Americas, the Purina PetCare segment and Nestle Health Science, the company sai...
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