Business

Nestlé India Announces Leadership Transition: Manish Tiwary to Take Over as MD in 2025

Nestlé
New Delhi, 07-Oct-2024, By EHS

In a strategic leadership move, Nestlé India has named Manish Tiwary, former Country Manager of Amazon India, as its new Managing Director. This appointment comes as current Chairman and MD, Suresh Narayanan, plans to retire in July 2025 after a distinguished career of over 26 years with the FMCG major.

A Legacy of Leadership: Suresh Narayanan’s Impact on Nestlé India

Suresh Narayanan, who joined Nestlé in 2015, led the company through one of its most turbulent periods—the Maggi noodles crisis. Under his leadership, Nestlé not only recovered but also experienced significant growth, with Narayanan steering the company towards greater market share and innovation in the consumer goods industry. His tenure will officially conclude on July 31, 2025, leaving behind a robust legacy that has set the foundation for future leaders.

Meet Manish Tiwary: From E-commerce to FMCG

Manish Tiwary, who will take the reins of Nestlé India starting August 1, 2025, brings a wealth of experience from his previous roles in Amazon India and Unilever. Tiwary, an IIM Bangalore graduate, has over three decades of expertise in managing large-scale operations in both e-commerce and consumer goods sectors. He joined Amazon in 2016 and quickly rose to become the Country Manager, helping the e-commerce giant expand its foothold in India. Before his stint at Amazon, Tiwary spent 20 years with Unilever, working across sales, marketing, and general management.

Tiwary’s deep understanding of consumer behavior, coupled with his strategic insight into digital platforms, is expected to bring a fresh perspective to Nestlé India. His leadership will focus on strengthening Nestlé’s market position, expanding its digital capabilities, and driving innovation in its product portfolio.

Challenges and Opportunities Ahead

Tiwary’s appointment comes at a crucial time for Nestlé India, as the FMCG giant continues to navigate a fast-evolving consumer market. With increasing competition in the consumer goods sector and the growing significance of e-commerce, Nestlé’s digital strategy will likely be a top priority under Tiwary’s leadership. The company has already seen impressive growth in its revenue and net profits, with the first quarter of FY25 reporting a 27% increase in profit year-on-year.

Additionally, Nestlé’s recent focus on innovation, such as its entry into nutraceuticals and enhanced distribution strategies, could see a further boost with Tiwary at the helm, as he leverages his digital expertise from Amazon.

This leadership change marks a new chapter for Nestlé India, as Manish Tiwary’s appointment is expected to drive growth through digital transformation and innovation. As Narayanan steps down after a successful tenure, all eyes will be on Tiwary to see how he guides Nestlé through the next phase of its journey in India’s competitive FMCG market.

Source: This article is based on information from Business Standard, Fortune India, and YourStory.

Key Highlights:

  • Manish Tiwary to take over as MD of Nestlé India starting August 1, 2025.
  • Current MD Suresh Narayanan will retire on July 31, 2025, after 26 years at the company.
  • Tiwary has extensive experience in e-commerce and consumer goods from his roles at Amazon and Unilever.
  • Nestlé India is focusing on digital transformation and product innovation under new leadership.