The FMCG sector is experiencing sluggish demand, with F&B growth falling to 1.5-2 per cent from double digits previously, according to Nestle India CMD Suresh Narayanan. Factors include food inflation and price hikes in key ingredients. Stability in rural areas and potential good monsoon could improve future consumption. Nestle is focusing on premiumization and avoiding sharp price increases. Read The Rest at :
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