Covid-19 pandemic just a pause in growth story: HUL CMD Sanjiv Mehta

Technology, CMD Mehta said, was going to be the game changer, shaping societies as well as businesses.

The effects of the Covid-19 pandemic are only a pause in India’s consumption and gro­wth story, Sanjiv Mehta, chairman and managing director (MD), Hindustan Unilever (HUL), said when delivering his keynote address at the company’s 88th annual general meeting on Tuesday.
 
Speaking virtually, Mehta said a growing middle class, a young population, and rising internet penetration would enable India to go back to pre-pandemic growth levels.
 
“What is good for India is good for Hindustan Unilever,” he said, pointing to an “intelligent enterprise” that the company was putting in place.
 
“The HUL of the future will be