India: Hindustan Unilever to invest 20 billion INR in manufacturing expansion
Hindustan Unilever (HUL), the Indian FMCG giant, has announced plans to invest 20 billion INR ($239 million) over the next two years to enhance its manufacturing capabilities. The investment is primarily aimed at expanding production capacity for the company’s home care and personal care categories. HUL, which is the Indian subsidiary of the British multinational […]
India: Hindustan Unilever to invest in health & wellbeing category
Hindustan Unilever (HUL), a subsidiary of the multinational consumer goods giant Unilever, has entered the health & wellbeing category through strategic investments in Zywie Ventures Private Limited (OZiva) and Nutritionalab Private Limited (Wellbeing Nutrition). OZina is a plant-based and clean label consumer wellness brand focused on lifestyle protein, hair & beauty supplements and women’s health. […]
India: Unilever to complete merge with GSK Consumer Healthcare
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the merge between GSK Consumer Healthcare (GSK India) and its Indian Affiliate, Hindustan Unilever Limited (HUL). The deal, previously announced in December 2018, was subject to legal and regulatory approvals, which are now secured. In addition to this merge, HUL will acquire the Horlicks […]
India: Hindustan Unilever posts 10% Q2 sales increase
Hindustan Unilever, the Indian unit of consumer goods giant Unilever Plc, has reported double-digit sales increase for the second quarter of its financial year. The company announced that, during the quarter ending 30th September 2014, the Domestic Consumer business grew by 10%, ahead of market, with 5% underlying volume growth. Double-digit growth was recorded in […]