Deprecated: Function create_function() is deprecated in /home/u508583273/domains/retailinasia.com/public_html/wp-content/plugins/related-posts-widget/related-posts.php on line 258
?>
Notice: Only variables should be passed by reference in /home/u508583273/domains/retailinasia.com/public_html/wp-content/themes/goodlife-wp/admin/ot-loader.php on line 329
Hindustan Unilever eyes growth in India – Retail in Asia

Retail in Asia

In Sectors

Hindustan Unilever eyes growth in India

Hindustan Unilever, the FMCG group, is seeking to tap the "innumerable opportunities" presented by low-income rural shoppers in India.

Nitin Paranjpe, Hindustan Unilever’s CEO, said the audience has a huge "unmet need", promises high volume sales, includes increasing numbers of viable customers as incomes rise, and is boosting the development of new R&D models.

"Serving the Bottom of the Pyramid can be as much a profitable opportunity as it is an opportunity to improve the lives of those on the margin," Paranjpe told the Economic Times.