India, June 4 -- Hindustan Unilever Ltd (HUL) remains confident about India's long-term growth prospects despite near-term economic challenges, with the FMCG major betting on rising consumption, premiumisation and digital transformation to drive future growth, Chairman Nitin Paranjpe said.

Acknowledging that the near-term environment will continue to present challenges, Paranjpe while addressing the shareholders, said, "India has consistently demonstrated resilience, emerging stronger through periods of uncertainty".

"For HUL, with deep roots in the country, we will navigate this environment with agility and discipline - anchored in our unwavering commitment to serve our consumers," he said in the latest annual report.

Paranjpe said HU...