 "Hindustan Unilever’s (HUL’s) Chairman and Managing Director Sanjiv Mehta")
The near-term outlook for the FMCG market is "extremely uncertain" as the Covid-19 outbreak had a "terrible impact" and the situation remains volatile with the trajectory of the coronavirus undetermined, according to HUL.
While describing the current situation as "much more uncertain than normal", the FMCG major added that it is confident about its ability to manage the immediate crisis, news agency PTI reported.
"The situation remains volatile with the trajectory of the virus undetermined, evolving hot spot geographies, the success of containment measures uncertain, the severity and duration of resulting economic crisis and the extent of structural damage unknown,"
