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Hindustan Unilever Ltd
Hindustan Unilever Ltd (HUL) remains confident about India's long-term growth prospects despite near-term economic challenges, with the FMCG major betting on rising consumption, premiumisation and digital transformation to drive future growth, Chairman Nitin Paranjpe said. Acknowledging that the near-term environment will continue to present challenges, Paranjpe while addressing the shareholders, said, "India has consistently demonstrated resilience, emerging stronger through periods of uncertainty". "For HUL, with deep roots in the country, we will navigate this environment with agility and discipline - anchored in our unwavering commitment to serve our consumers," he said in the latest annual report. Paranjpe said HUL, which owns popular brands as Surf excel, Dove, Horlicks, Lifebuoy, Lakme, and Brooke Bond and reaches 9 out of 10 Indian households, is investing decisively in its future, reimagining its business with the consumer at the centre. It is strengthening its portfolio a
British multinational consumer goods maker said "fundamentals" of its business in India, its second largest market after the US, are improving. In the fourth quarter, Unilever, in the home care segment, reported a 4.7 per cent underlying sales growth along with a volume growth of 4 per cent, which, according to the company, was supported by "continued strong volume in India". "India was a key contributor to this momentum, with Home Care delivering mid-single-digit volume growth, led by strong performance in liquids across fabric wash and household care, and reaching its highest ever market share," said its CEO, Fernando Fernandez, in Unilever's earnings calls for the fourth quarter. Fernandez said across geographies US and India are clear "anchor markets" for Unilever. Replying to a query over growth, he said: "India, it's improving both in terms of economic backgrounds and the fundamentals of the business, particularly the strengthening of our brand equities... brand superiority .
Leading FMCG major Hindustan Unilever Limited (HUL) on Tuesday announced the appointment of Bobby Parikh, former CEO of Ernst & Young India, as an Independent Director to its Board, effective December 1, 2025. His appointment is for a period of five years, subject to the approval of shareholders, HUL said in a statement. Parikh has decades of experience and is a strategic advisor to many large corporations and holds directorships in Infosys, Biocon and Indostar Capital, among others. He has guided Indian and multinational businesses through India's evolving policy landscape. He co-founded BMR Advisors, served as the CEO of Ernst & Young India, and held senior leadership roles, including serving as the country managing partner at Arthur Andersen. HUL Non-Executive Chairman Nitin Paranjpe said: "We are delighted to welcome Bobby to the HUL Board as an Independent Director. His experience, combined with expertise in financial strategy and regulatory frameworks, has helped ...