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Nestle India counts on fresh Maggi launch to gain market consolidation

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Nestle India Ltd expects to consolidate its position in the instant noodles market in the coming months with fresh launches, chairman and managing director Suresh Narayanan said on Thursday.

“I don’t have a magic ball… Maggi is already gaining market share. We have managed to cover 75-80% of distribution… Results will be visible in the coming quarters,” Narayanan said on the sidelines of a programme organized by industry lobby group PHD Chambers of Commerce and Industry.

There will be...

Nestle India counts on fresh Maggi launch to gain market consolidation

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