Nestlé’s milk and nutrition segment loses shine in India operations, making way for high-growth products

The dairy and nutrition business (including milk whitener, condensed milk, UHT milk, yoghurt, mother and baby food, infant formula and health nutrition) contributed 33.4% of Nestlé India’s turnover in FY26; This rate was 38.1% compared to the previous year. This share rose as high as 49.6% in CY16, according to the company’s annual reports.