Nestlé is to spend CHF 50 million (US$50.5 million) on setting up an R&D centre in India to develop its “popularly positioned products” that are sold to poorer consumers.
Nestlé has reaffirmed its commitment to one of its key growth drivers Popularly Positioned Products (PPPs), by announcing that the Company expects to generate global sales of CHF 20 billion over the coming...
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