Nestlé India has recorded a 3.8 per cent decline in its permanent employee count for the financial year 2024–25, as the company focuses on capital expenditure to build new production capacities and boost operational capabilities. The total on-roll headcount fell to 8,419 from 8,736 in the previous year.
Despite the reduction in workforce, Nestlé India raised its median employee remuneration by 4.9 per cent during the same period. Salaries for non-managerial employees increased by 5.2 per cent, while managerial staff received a 3.5 per cent hike. This reflects the company’s effort to balance cost management with competitive employee compensation amidst ongoing internal restructuring.
The year also saw a leadership change, with Manish Tiwary appointed as managing director for a five-year term beginning 1 August 2025. Tiwary’s total remuneration for the year was Rs 29.94 million, supplemented by a lump sum payment of Rs 151.96 million upon joining, compensating for losses in long-term incentives from his previous employment. Outgoing CMD Suresh Narayanan earned Rs 23.47 crore in total pay during the year.
Nestlé India’s capital expenditure surged significantly, reaching 10 per cent of total sales in FY2025, up from 1.8 per cent in FY2015. With total income exceeding Rs 20,260 crore, the company is making substantial investments in expanding product lines and new manufacturing facilities. A notable project in progress is a new factory in Sanand, Gujarat, dedicated to confectionery, prepared foods, and cooking aids.
As Nestlé India drives growth through strategic investments, its evolving workforce strategy and focus on future-ready infrastructure signal a pivotal shift toward long-term expansion.
