Higher brand investments towards new launches aiding growth Nestl India (NIL) has been able to deliver 8-12% volume growth (as per our estimates) in the domestic business over last seven quarters backed by aggressive new launches. NIL has increased marketing spend by ~20% over last one year to support new launches. Contribution to sales from new launches has grown from 1.5% to 3.7% over last three years. During the quarter, NIL continued its innovations in market across categories with the launch of KitKat Dessert Delight Rich Chocolate Fudge, MAGGI Fusian Range...