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NRIPage | Articles | #foodinflation | Get Latest Political News & Updates, Sports News, Latest NRI News & Updates, Latest International News & Updates in India, USA & other countries around the world in - NRI Page
Urban cities in India are grappling with significant challenges as muted demand and rising food inflation impact the market, according to Suresh Narayanan, CEO of Nestle India. Mega cities are particularly struggling, experiencing weak performance in key segments such as milk and nutrition, chocolate, and confectionery. Brands like Munch are facing heightened regional competition, which adds to the pressure on sales.
Narayanan revealed that Nestle India plans to implement further pr
Urban cities in India are grappling with significant challenges as muted demand and rising food inflation impact the market, according to Suresh Narayanan, CEO of Nestle India. Mega cities are particularly struggling, experiencing weak performance in key segments such as milk and nutrition, chocolate, and confectionery. Brands like Munch are facing heightened regional competition, which adds to the pressure on sales.
Narayanan revealed that Nestle India plans to implement further pr
In September, vegetable prices, particularly onions and tomatoes, soared due to excessive rains causing crop damage. Onions rose by 50% compared to last year, while tomatoes saw a 14% increase.
Description in Paragraphs:
Prices of essential vegetables such as onions and tomatoes have experienced significant increases in September 2024, largely attributed to crop damages caused by excessive rainfall in several regions of India. According to high-frequency data from the De
In September, vegetable prices, particularly onions and tomatoes, soared due to excessive rains causing crop damage. Onions rose by 50% compared to last year, while tomatoes saw a 14% increase.
Description in Paragraphs:
Prices of essential vegetables such as onions and tomatoes have experienced significant increases in September 2024, largely attributed to crop damages caused by excessive rainfall in several regions of India. According to high-frequency data from the De