Nestlé India has reported that its permanent employee count went down by 3.8% in the financial year 2024-2045 (FY25).
At the start of FY25, Nestlé India had a workforce of 8,736 employees, which was reduced to 8,419 by the end of the year. However, he company has maintain a strong commitment towards employee welfare. In FY25, the media compensation for employees within Nestlé India increased by 4.9%. While those not in managerial roles saw an average increase of 5.2%, the managerial personnel received a 3.5% increase.
Nestlé India continues to invest in capability and capacity expansion and is dedicated to maintaining a competitive edge in the FMCG sector and supporting the ‘Make in India’ initiative. “Our capital expenditure as a percentage of sales has increased from 1.8% in 2015 to 10% in FY25,” said Suresh Narayanan, Nestlé India’s outgoing Chairman and Managing Director. In August 2025, Manish Tiwary will become the company’s new Managing Director.
While addressing the shareholders, Narayanan reported sales of over ₹20,000 crore in FY25. Under his leadership, Nestlé India achieved a 10.3% CAGR in revenue and a 13.5% CAGR in operational profit.
In terms of remuneration, Narayan made ₹23.47 crore in FY25, a 5% increase compared to last year. On the other hand, Tiwary, who is presently serving as Managing Director (Designate) and Key Managerial Personnel, received about ₹2.99 crore, along with a payout of about ₹15.19 crore in lieu of long-term incentives that the future Managing Director left behind when he switched to Nestlé India from Amazon India.