Nestlé India, Dr. Reddy's form joint venture for nutraceuticals in India drugstorenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drugstorenews.com Daily Mail and Mail on Sunday newspapers.
Nestle India is forming a joint venture with Dr. Reddy’s Laboratories to boost the reach of its nutraceutical products, such as Nature’s Bounty and Optifast, across India.
Suresh Narayanan of Nestle India points out that the operating margins are up by 270 basis points, net profits by 250 basis points and cash generation by over 41 billion, that is about 17% of sales. The core fundamentals of the organisation demonstrates resilient growth in core categories. He also talks about the company s commitment to reducing sugar content for sustainable long-term success.
Suresh Narayanan, chairman and managing director of Nestlé India, expressed that this collaboration will empower them to develop a strong retail and distribution infrastructure.
Nestle India and Dr. Reddys form a joint venture to introduce new nutraceutical brands in India. The collaboration merges health solutions and commercial capabilities to enhance consumer access and affordability.
Nestlé India to form JV with Dr Reddy's for nutritional health solutions moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
A joint press release from the companies said the partnership will bring together the well-known global range of nutritional health solutions as well as vitamins, minerals, herbals and supplements of Nestle Health Science (NHSc) with the strong and established commercial strengths of Dr Reddy's in India.
Nestlé, Dr. Reddy's form joint venture to expand nutraceutical portfolio - News Healthcare financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Nestle India, Dr. Reddy's Laboratories in joint venture to market nutraceuticals; shares rise thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
A joint press release from the companies said the partnership will bring together the well-known global range of nutritional health solutions as well as vitamins, minerals, herbals and supplements of Nestle Health Science (NHSc) with the strong and established commercial strengths of Dr Reddy s in India.