Nestle India's new MD Tiwary aims to double revenue, protect margins

• Nestle India's new MD, Manish Tiwary, aims to double revenue in less than eight years, accelerating past previous growth cycles.
• The company targets achieving ₹30,000 crore by 2030 while maintaining its 22-24% margin band.
• Growth strategy includes increasing ad spend faster than revenue, optimized by technology, and focusing on rural expansion.
• Tiwary identifies pet food as a key growth category, aiming to build trust similar to Cerelac.
• Newer businesses like pet food, Sly Professional, DRL JV, and Nespresso are projected to grow 2-3x faster than the main portfolio.

Why It Matters: Nestle India's new MD outlines ambitious growth, shaping future market and products.