Legacy companies can no more think the small guy doesn't matter, says Nestle MD Suresh Narayanan

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Nestle India's outgoing MD, Suresh Narayanan, highlights the rising competition from nimble, local brands and the need for legacy companies to adapt with smaller-scale operations. He notes a gradual urban demand recovery and emphasizes premiumization opportunities. Despite a profit dip due to commodity prices, Narayanan remains optimistic about the future, citing stabilizing inflation and infrastructure spending as positive indicators.