HUL confident of overcoming short-term challenges despite external volatility
New Delhi, June 30 -- Hindustan Unilever Ltd (HUL) said it is confident of facing global disruptions, the new normal that businesses must face with short-term responses that also build the future.
"The short term will have challenges, which we will navigate, hopefully, better than anyone else has done," chairman Nitin Paranjpe said while answering questions from shareholders at the company's 93rd annual general meeting on Tuesday. Paranjpe said he is "very, very positive about the long-term prospects for the company."
The chairman of India's largest FMCG company noted that modern disruptions are unlike those of the past-they now occur simultaneously across geopolitics, supply chains and climate change.
"Over the past 12 months, we have...
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