Unilever's Growth Supported by Limited Local Competition in India, Says CEO
Shortage of competition in Indian market to support Unilever's growth: CEO
Business Standard
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Unilever's CEO, Fernando Fernandez, noted that disruptions in the global supply chain and rising packaging costs have reduced local competition in India, potentially boosting the company's growth. The firm achieved significant market share in laundry powders and is expanding in the liquid detergent sector, supported by Hindustan Unilever Ltd's strong performance.
- 01Unilever benefits from reduced local competition in India due to supply chain disruptions.
- 02The company achieved its highest-ever market share in laundry powders in India.
- 03Hindustan Unilever Ltd reported a 6% volume growth in Q1/2026.
- 04Unilever's turnover reached โฌ12.6 billion with a volume growth of 2.9%.
- 05Investments in quick commerce and e-commerce are yielding significant sales increases.
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Unilever's Chief Executive Officer, Fernando Fernandez, highlighted that disruptions in the global supply chain and increased packaging costs are creating a shortage of local competition in India, which may enhance the company's volume growth. In the first quarter of 2026, Unilever achieved its highest market share in laundry powders in India, while Hindustan Unilever Ltd (HUL) reported a 6% volume growth. Chief Financial Officer Srinivas Phatak emphasized that inflation in home care categories could work to Unilever's advantage, allowing the company to balance pricing and volume effectively. HUL's performance is strong, contributing 12-14% to Unilever's total sales, making India its second-largest market globally. The firm is also expanding its investments in quick commerce and e-commerce, reporting a 25% increase in e-commerce turnover and a doubling of sales from quick commerce in FY26. Overall, Unilever's turnover reached โฌ12.6 billion with a 2.9% volume growth in the same quarter.
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The reduced competition may lead to better pricing strategies for consumers and potentially enhance product availability in the market.
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