Everything You Must Know About the FMCG Leader – Hindustan Unilever
Hindustan Unilever is India’s largest FMGC Company.
Currently, it has more than twenty-one thousand employees, out of which twelve thousand are blue-collar workers.
Hindustan Unilever is a consumer goods company and produces personal care products, water purifiers, fast-moving consumer goods, and cleaning agents.
What is FMCG?
FMCG is short for fast-moving consumer goods. These essential goods are used daily and sell quickly because of their high demand. Moreover, they are produced and sold at a low cost.
These goods include all the products which are used in everyday life, such as toiletries, cosmetics, packaged foods, and many more.
FMCG in India
The FMCG sector is flourishing in India because of the changing lifestyle and demand for premium goods. The young population is more inclined towards skincare and healthcare products and wants to buy from good brands.
The internet and e-commerce sector have been playing an important role in the growth of the FMCG sector. The biggest FMCGs in India are HUL, Nestle, ITC, Tata, and more.
HUL is a consumer goods company that sells everyday life products. It was founded in the year 1933 and its headquarters is in Mumbai. It is the market leader in our country because of its brands. It has more than twenty consumer categories like tea, detergents, soap, cosmetics, and more.
Some of the most known brands of HUL are:-
- Food companies:-
- Brooke Bond
- Anupama salt
- Homecare companies:-
- Comfort fabric softeners
- Vim dish cleaner
- Active wheel detergent
- Surf excel
- Liril soaps
- Personal care:-
- Axe deodorant
- Close up
The CEO of this company is Sanjiv Mehta, and the parent company of HUL is Unilever plc.
For almost six decades, Hindustan Unilever Limited has been among the top five companies in India. The major brands under HUL are Lifebuoy, Dove, Clinic Plus, Ponds, Lakme, CloseUp, Bru, Surf Excel, Kissan, and Kwality Wall’s.
These are the most trusted brands among Indians. Everyone who watches T.V or newspapers is well aware of these brands. Every house has at least one HUL product in it.
HUL is said to be one of the FMCG leaders of India as it owns the major brands used in the country.
Online stock trading has been trending in recent years. It allows everyone to access trading sites from the comfort of their home.
This platform provides all kinds of financial instruments like bonds, stocks and more. A lot of companies are selling their shares online and any common man can buy them.
HUL allows people to buy their company shares as well. The HUL share price is worth 2,290 INR. A person can purchase multiple shares of the same company.
The total revenue of HUL is more than forty crores, and operating income is more than nine crores. Hindustan Unilever has total assets worth twenty crores, and total equity is seven crores.