Mission Statement, Vision, & Core Values (2025) of Nestlé India Limited.

An Overview of Nestlé India Limited

General Overview of Nestlé India Limited

Nestlé India Limited, a subsidiary of the Swiss multinational Nestlé S.A., has a rich history dating back to 1866 when it established its first presence in India. The company is known for its commitment to nutrition, health, and wellness, offering a diverse range of products including beverages, dairy, nutrition, snacks, and prepared dishes. Key brands under its portfolio include Maggi, Nescafé, Nestea, and KitKat.

As of 2024, Nestlé India reported annual sales of approximately ₹16,000 crores, marking a significant increase fueled by strong consumer demand and successful marketing strategies.

Company's Financial Performance in Latest Financial Reports

In the latest financial reporting period ending December 2023, Nestlé India achieved record-breaking revenue of ₹16,800 crores, which represents a growth of 12% year-on-year. The company's profit after tax for the same period was reported at ₹2,200 crores, reflecting a 10% increase from the previous fiscal year.

Main product sales contributed significantly to this growth, particularly in categories such as instant noodles and coffee. The sales of Maggi noodles surged by 15% in the last quarter, while Nescafé recorded a robust 8% increase in volume.

Nestlé India as a Leader in the Industry

Nestlé India is recognized as one of the leading companies in the food and beverage industry in India, with a market share of approximately 20% in the packaged food sector. The company’s innovative marketing campaigns, commitment to quality, and strong distribution network have solidified its position in the market.

The company’s focus on sustainability and health-centric products has attracted a growing consumer base. Nestlé India’s initiatives in digital marketing and e-commerce have also played a crucial role in expanding its reach.

To discover more about Nestlé India’s comprehensive strategies and successful business model, readers are encouraged to explore additional resources below.

Mission Statement of Nestlé India Limited

Mission Statement of Nestlé India Limited

Nestlé India Limited's mission statement serves as a foundational guide, reflecting the company's commitment to quality, nutrition, and wellness. Specifically, it underscores the essential role of the organization in enhancing the quality of life for individuals and families through its diverse range of products. Nestlé India aims to create shared value for both shareholders and communities while adhering to its core principles of integrity and innovation.

Core Component 1: Quality and Safety

The first core component emphasizes Nestlé India’s unwavering commitment to delivering high-quality and safe products. In 2022, the company reported that **90%** of its products met or exceeded global quality standards. This is particularly significant considering that Nestlé India has over **100 brands** under its portfolio, which includes household names such as Maggi, Nescafé, and KitKat.

Core Component 2: Nutrition and Wellness

The second core component highlights the company's dedication to promoting nutrition and wellness. With a focus on providing healthier options, Nestlé India has reformulated many of its products. By the end of 2023, **30%** of its product portfolio was dedicated to healthier alternatives, including low-sugar and fortified products. This shift not only caters to changing consumer preferences but also aligns with global health trends.

In 2022, Nestlé India invested approximately **₹1,500 crores** (about **$200 million**) in research and development focused on enhancing nutritional benefits. This strategy is further supported by the company's partnerships with health professionals and educational initiatives on nutrition.

Core Component 3: Sustainable Development

The third core component focuses on Nestlé India's commitment to sustainable practices. The company has set ambitious sustainability goals, aiming for **zero net greenhouse gas emissions** by **2050**. In 2023, Nestlé India achieved a reduction of **20%** in its carbon footprint compared to **2018 levels**. Additionally, **100%** of its packaging is expected to be recyclable or reusable by **2025**.

Moreover, Nestlé India acknowledges its responsibility towards the community, with initiatives to support local farmers and promote responsible sourcing. The company has invested over **₹500 crores** (about **$67 million**) in community development programs since **2020**.

Vision Statement of Nestlé India Limited

Commitment to Nutrition

The vision statement of Nestlé India Limited emphasizes a strong commitment to nutrition. As a part of their strategy, they aim to enhance the quality of life and contribute to a healthier future. In 2023, Nestlé India generated revenues of approximately ₹15,220 crore, which reflects a significant focus on health and wellness products.

Sustainable Practices

Sustainability is a core component of Nestlé's vision. The company is dedicated to achieving 100% recyclable or reusable packaging by 2025. As of 2024, they have already reached 90% in their commitment, demonstrating measurable progress.

Innovation and Quality

Innovation drives Nestlé India's vision to provide high-quality products. In 2023, they invested approximately ₹300 crore in research and development, aimed at enhancing the nutritional profile of their offerings. This investment supports their goal to introduce new and improved products continuously.

Community Engagement

Nestlé India places a strong emphasis on community engagement as part of their vision. They have committed to reaching 10 million children through their nutrition education programs by 2025. As of early 2024, they have successfully reached approximately 6 million children, reinforcing their community-focused initiatives.

Empowerment of Employees

Nestlé India envisions empowering their employees through a culture of respect and inclusion. In 2023, they reported a diverse workforce composition of 50% women in management roles, highlighting their commitment to gender equity in leadership positions.

Digital Transformation

The company also focuses on digital transformation as part of its vision. In 2023, Nestlé India reported a digital sales increase of 25% year-over-year, reflecting their strategy to increase online presence and consumer engagement through e-commerce platforms.

Core Values of Nestlé India Limited

Integrity

The core value of integrity at Nestlé India Limited is foundational to the company’s operations and interactions. This value emphasizes the importance of honesty, transparency, and ethical behavior in all business dealings.

In 2023, Nestlé India reported a commitment to compliance with the Ethical Trading Initiative (ETI) Base Code, ensuring that their supply chain adheres to rigorous ethical standards. The company conducts regular audits, with over 1,500 audits performed across various suppliers to ensure adherence. Furthermore, in 2022, Nestlé India stated that they had successfully resolved 100% of integrity violations identified through these audits.

Quality

Quality is a cornerstone of Nestlé India’s success and consumer trust. This core value reflects the company’s dedication to providing superior products and services.

In 2023, Nestlé India invested ₹1,000 crores in enhancing its manufacturing facilities to ensure high standards of quality control and safety. The company has launched several initiatives, including the ‘Quality Assurance Program’, which has resulted in a 20% reduction in quality-related complaints over the last year.

Innovation

Innovation drives growth and adaptation at Nestlé India. This value encourages the development of new products and improvements in existing ones.

In 2024, the company launched 30 new products across various categories, including health-focused items, catering to the evolving consumer preferences. Furthermore, Nestlé India has allocated ₹500 crores towards research and development, focusing on sustainable packaging innovations which aim to reduce plastic waste by 50% by 2025.

Respect

Respect is vital in fostering a positive work environment and in community engagements. This core value reflects the company’s commitment to valuing every individual's contributions.

In 2023, Nestlé India launched the ‘Diversity and Inclusion Initiative’, aiming for a workforce that is 50% women by 2025. The company has implemented training programs that have already seen a 15% increase in women in leadership roles over the past year.

Sustainability

Sustainability is integral to Nestlé India's strategy, reflecting their commitment to environmental stewardship.

As of 2024, the company achieved a significant milestone by sourcing 100% of its coffee from sustainable farming practices, as certified by the Rainforest Alliance. Furthermore, Nestlé India's water-saving initiatives have led to a 30% reduction in water usage per product since 2020.