With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its Chairman & Managing Director Suresh Narayanan said on Friday. To support the move, Nestle is also planning a communication thrust for messaging and advertising, which will be more rural centric, according to news agency PTI. Besides, Nestle — which is expecting a rebound in urban markets — is also evaluating Direct-to-Consumer (D2C) channels to reach its customers at their doorsteps. “The target is to reach 1,20,000 villages. That is all villages, with more than a 5,000 population is really the kind of reach that you would like to establish in the next two to three years,” Narayanan said while addressing a virtual media roundtable.This will be done, not only through distribution expansion but relevant part...
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