India is a blueprint for Unilever's emerging markets: global CEO Fernando Fernandez
New Delhi, Sept. 9 -- Hindustan Unilever's performance is a blueprint for parent company Unilever to replicate in its emerging markets worldwide, global chief executive Fernando Fernandez said.
"India is a blueprint of what we are doing in emerging markets," he said at the Barclays Global Consumer Staples Conference in Boston on Tuesday (Wednesday India time). "Emerging markets [account for] 62% of Unilever's revenue, and we believe they will be a key driver of our performance in the future," he said.
HUL is the second-largest arm of Unilever after the company decided to separate its international foods business. In March, Unilever decided to merge its food business with spice maker McCormick, creating a company worth around $65 billion...
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