NESTLE GROWTH IN INDIA CALL - OUT MARKET : MAGGI AND KITKAT LEAD THE WAY , ETRETAIL

What happened: Nestle SA CEO Philipp Navratil said India is a "call-out" market for Maggi noodles and KitKat, with focused investment going to these brands. Key numbers: 37% of urban Indian households buy Maggi monthly, up from 24% in 2016. Nestle India September quarter revenue rose 20% on year to ₹6,788 crore. Why it matters: Instant noodles are growing at more than twice the overall food segment rate in India, and India is among Nestle SA's top five emerging markets. Nestle India flagged food inflation and commodity costs, and FSSAI issued labelling notices. Coverage: 3 outlets in 24h

Nestle SA CEO Philipp Navratil said India is a "call-out" market for Maggi noodles and KitKat, with focused investment going to these brands.

Instant noodles are growing at more than twice the overall food segment rate in India, and India is among Nestle SA's top five emerging markets. Nestle India flagged food inflation and commodity costs, and FSSAI issued labelling notices.