Skip to content

HUL setting up nano factories for more flexible supply

HUL setting up nano factories for more flexible supply

Hindustan Unilever is setting up Nano factories to produce smaller batches of the product for better flexibility and agility.

The FMCG player, in its performance highlights report for FY22 released on Tuesday, said it clocked an annual turnover of Rs 50,336 crore, a growth of 11 per cent year-on-year. The company achieved EBITDA margin of 24.8 per cent in FY12. HUL said through its D2C brands such as Lakme, e-commerce and Shikhar App, the company has been able to achieve 20 per cent of the demand digitally. The company said that the Shikhar app has helped the company meet the retail demand with the rise of hyper local and quick commerce platforms.

Two of its brands, Surf Excel and Brooke Bond, crossed a market capitalization of ₹5,000 crore, while seven brands have a market cap of ₹2,000 crore.

The company plans to enhance its core portfolio, accelerate market growth and promote premiumisation.

health and wellness

On the innovation side, the company is focusing on the health and wellness vertical, where it said: “We are working towards increasing the nutritional value of our food and refreshment portfolio by doubling the number of products that will be launched by 2025.” provide positive nutrition.

The company already has products like Horlicks Diabetes Plus and Immunity Boosting Red Label Natural Care in its roster.

Published on

21 June 2022

credit source

HUL setting up nano factories for more flexible supply

#HUL #setting #nano #factories #flexible #supply

if you want to read this article from the original credit source of the article then you can read from here

Shopping Store 70% Discount Offer

Leave a Reply

Your email address will not be published.