Maggi revival architect Narayanan to bow out after 26 yrs with Nestle group

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Maggi revival architect Narayanan to bow out after 26 yrs with Nestle group - Business Standard

Quick Summary:

Today, Maggi remains a household name, firmly holding its ground as a leader in the instant noodle category.

Additionally, the company's market capitalisation surged from Rs 57,619 crore in August 2015 — when he assumed the reins — to Rs 2,47,933 crore as on October 7.

Experts attribute much of this success to his adept handling of government relations and the launch of innovative products that emerged in the wake of the Maggi episode.