Spectre of food inflation is going to remain: Nestle India CMD Suresh Narayanan

Food inflation will continue to “wobble” for sometime and it is a phenomenon that companies should be worried about, Suresh Narayanan, chairman and managing director at Nestle India said on Friday. Changing climatic conditions, uncertainty related to El Nino and fluctuation in prices of commodities continue to pose challenges for businesses, Narayanan said.