Nestle India announces Manish Tiwary as new Chairman, effective July 31 - Narayanan to vacate position
Nestle India, one of the leading food and beverage companies in the country, has announced a succession plan with Manish Tiwary set to take over as the Chairman and Managing Director (CMD) from Suresh Narayanan, who will retire on July 31, 2025.
The announcement was made in July 2025, confirming Tiwary's appointment for a five-year term from August 1, 2025, to July 31, 2030. Suresh Narayanan, who joined the board of Directors of Nestle India as Managing Director on August 1, 2015, and was designated as the Chairman and Managing Director on October 29, 2015, has been at the helm of the company for an unspecified period before his retirement.
Tiwary's appointment as the Managing Director (Designate) began on February 1, 2025, and he was designated as Key Managerial Personnel from April 24, 2025, by Nestle India. Prior to joining Nestle India, Tiwary worked with e-commerce major Amazon.
The Q1 results of Nestle India showed a net decrease of 13.4% to ₹646.6 crore; however, the revenue grew by 6%. Despite the decrease in net profit, the revenue growth indicates a positive trend for the company. The article does not mention any new challenges or issues currently faced by Nestle India.
Upon the announcement of his retirement, Suresh Narayanan thanked all stakeholders of the company, including partners, distributors, retailers, suppliers, Board of Directors, and stakeholders for their support and collaboration during his tenure. Narayanan expressed confidence in Nestle India's future, stating that the company will continue to achieve new heights. He also expressed his intention to foster an inclusive and compassionate environment within Nestle India.
Details of the challenges faced by Nestle India during the Maggi crisis a decade ago were not specified in the article.
With Tiwary's appointment, Nestle India is poised for new leadership. Although the specifics of Tiwary’s professional background and career achievements prior to his appointment as Chairman and MD are not detailed in the publicly available information found, his appointment as Managing Director and Chairman with full authority starting in August 2025 implies he has significant leadership experience qualifying him for this top position.
As Tiwary takes over, he inherits a company with a strong foundation and a positive outlook, ready to face the challenges and seize the opportunities that lie ahead. The success of Nestle India under Narayanan's leadership serves as a testament to the company's resilience and adaptability, and Tiwary's challenge will be to build on this foundation and take the company to even greater heights.
In the realm of business and finance, Nestle India, a leading player in the food and beverage industry, prepares for a shift in leadership with Manish Tiwary set to assume the role of Chairman and Managing Director (CMD) in August 2025, succeeding Suresh Narayanan. Tiwary's appointment signifies the company's foray into a new era, given his extensive experience from his tenure at e-commerce major Amazon.
As banking, finance, and IT sectors continue to evolve, Nestle India's Q1 results reflect a net decrease in profit but a positive growth in revenue, an indication of the company's market adaptability. The energy sector, a significant contributor to global markets, remains crucial in shaping the future business landscape, and Nestle India's ability to navigate these changes will be essential to its continued success.
In the face of a dynamic business environment, Tiwary inherits a company with a strong foundation. The positive trend in the company's financial health and Suresh Narayanan's commendable tenure set the stage for Tiwary to lead Nestle India towards greater achievements. Narayanan's vision for an inclusive and compassionate work environment further emphasizes the company's commitment to its people and the industry as a whole.
The IT industry plays a pivotal role in enabling businesses like Nestle India to adapt and thrive in the modern economy. As Tiwary takes the helm, he is poised to leverage technological advancements to overcome challenges, capitalize on opportunities, and drive the company's growth in the coming years. With its unwavering commitment to quality products and customer satisfaction, Nestle India is well-positioned to remain a prominent player in the food and beverage industry, both domestically and globally.
