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ICICI Securities Report
The recently held investor meet of Nestle South Africa has given us glimpses of India becoming an (even more) important geography for the parent. The key initiatives as stated during the meet have given confidence on the business operations and its road ahead with-
strategy on scaling U.S. brands internationally (including invest to develop in India),
driving penetration of coffee consumption,
Nestle has strong market share in ready to drink (coffee),
launched new proprietary ingredient (Nescafe Malty), and
initiatives on analytics tools (salesforce dashboard) are driving sales efficiency.
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