Professional Documents
Culture Documents
OTHERS
MUMBAI - INDIA.
Establish
HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co. and following a merger of constituent groups in
1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited.[4]
HUL History
In the summer of 1888, visitors to the Kolkata harbour noticed crates full of Sunlight
soap bars, embossed with the words "Made in England by Lever Brothers". With it,
began an era of marketing branded Fast Moving Consumer Goods (FMCG).
Soon after followed Lifebuoy in 1895 and other famous brands like Pears, Lux and Vim.
Vanaspati was launched in 1918 and the famous Dalda brand came to the market in 1937.
In 1931, Unilever set up its first Indian subsidiary, Hindustan Vanaspati Manufacturing
Company, followed by Lever Brothers India Limited (1933) and United Traders Limited (1935).
These three companies merged to form HUL in November 1956; HUL offered 10% of its equity
to the Indian public, being the first among the foreign subsidiaries to do so.
The erstwhile Brooke Bond's presence in India dates back to 1900. By 1903, the company had
launched Red Label tea in the country. In 1912, Brooke Bond & Co. India Limited was formed.
Brooke Bond joined the Unilever fold in 1984 through an international acquisition. The erstwhile
Lipton's links with India were forged in 1898. Unilever acquired Lipton in 1972, and in 1977
Lipton Tea (India) Limited was incorporated.
Pond's (India) Limited had been present in India since 1947. It joined the Unilever fold through
an international acquisition of Chesebrough Pond's USA in 1986.
Since the very early years, HUL has vigorously responded to the stimulus of economic growth.
The growth process has been accompanied by judicious diversification, always in line with
Indian opinions and aspirations.
The liberalisation of the Indian economy, started in 1991, clearly marked an inflexion in HUL's
and the Group's growth curve. Removal of the regulatory framework allowed the company to
explore every single product and opportunity segment, without any constraints on production
capacity.
Simultaneously, deregulation permitted alliances, acquisitions and mergers. In one of the most
visible and talked about events of India's corporate history, the erstwhile Tata Oil Mills
Company (TOMCO) merged with HUL, effective from April 1, 1993. In 1996, HUL and yet
another Tata company, Lakme Limited, formed a 50:50 joint venture, Lakme Unilever Limited,
to market Lakme's market-leading cosmetics and other appropriate products of both the
companies. Subsequently in 1998, Lakme Limited sold its brands to HUL and divested its 50%
stake in the joint venture to the company.
Mr Ritesh Tiwari (45) is the Executive Director, Finance and Chief Financial Officer of Hindustan Unilever Limited. He is also the
Vice President, Finance for Unilever, South Asia.
Willem Uijen Executive Director, Supply Chain
Mr Willem Uijen (46) is the Executive Director, Supply Chain of Hindustan Unilever Limited.
He also leads the Supply Chain function for Unilever, South Asia.
Dev Bajpai Executive Director, Legal & Corporate Affairs and Company Secretary
Mr Dev Bajpai (55) has been a member of the Management Committee of HUL since May 2010 and was inducted on the Board of
Directors of HUL as a Whole Time Director with effect from January 2017.
O. P. Bhatt Independent Director
Mr O. P. Bhatt (70) was appointed as an Independent Director on the Board of Hindustan Unilever Limited in December 2011. He is
a Member of the Audit Committee and Nomination and Remuneration Committee of the Company. He is the Chairman of the
Stakeholders Relationship Committee and Corporate Social Responsibility Committee of the Company.
Dr Sanjiv Misra (73) was appointed as an Independent Director on the Board of Hindustan Unilever Limited in April, 2013. He is the
Chairman of the Nomination and Remuneration Committee and a Member of the Audit Committee and Corporate Social
Responsibility Committee of the Company
Ms Kalpana Morparia (72) was appointed as an Independent Director on the Board of Hindustan Unilever Limited with effect from 9th October,
2014. She is Chairperson of the Audit Committee and a Member of the Nomination & Remuneration Committee and Corporate Social
Responsibility Committee of the Company.
Leo Puri Independent Director
Mr Leo Puri (60) has been appointed as an Independent Director on the Board of Hindustan Unilever Limited effective October 12, 2018. He is a
member of the Corporate Social Responsibility Committee and Stakeholders’ Relationship Committee of the Company.
Dr Ashish Gupta (54) was appointed as an Independent Director on the Board of Hindustan Unilever Limited with effect from 31st January,
2020. He is also a Member of the Audit Committee of the Company.
Ms Anuradha Razdan (44) is a member of the Management Committee of Hindustan Unilever Limited as Executive Director, Human Resources
(HR) and Vice President HR, Unilever South Asia.
Adding vitality to life is a general indicator of business strategy in Unilever’s corporate mission statement. Such
vitality is the value that consumers can expect from the company’s products. The corporate mission also
specifies the aspects of life where such vitality is added. For example, Unilever’s food products address
consumers’ vitality needs in terms of nutrition. Furthermore, through these products, the company attracts
customers who want to feel good, look good, and get more out of life. The mission statement’s specification of
the types of products provides a foundation for the product mix in Unilever’s marketing mix.
Table of Contents
Strengths in the SWOT analysis of Hindustan Unilever
( HUL )
1) Brand visibility – From soap to mineral water, HUL is shaping the life of 1.3
billion people daily. Being in consumer goods market with its 20 consumer categories such as
soap, tea, detergents, shampoo etc. & each having large assortments, helped HUL in occupying
the large shelf space of Grocery /departmental stores which itself explains the
acceptance/demand of their products in the market.
7) Financial position: Having more than 80 years of experience in the consumer goods market
& backed by Unilever who owns 67% controlling share in HUL, It is financially strong.
8) Market share: Through high penetration in the market, HUL had managed to hold their high
market share in different product categories.
2) Awareness in usage rate of consumer goods: People getting more aware and conscious
about the usage may be through advertising /word of mouth /doctor prescription ,is resulting in
increase in usage rate of the these products.
3) Increasing Income levels: Due to stable political scenario, improved literacy rate &
controlled inflation, disposable income of the people is increasing thereby resulting into upsurge
in demand & changing their lifestyle.
3) Buyers power: With highly diversified consumer goods market where there are lots of
brands claiming different sorts of benefits, it’s very difficult for consumers to stick to a particular
brand & hence results into brand switching where consumer got power to select a brand based
on several factors like availability, reference group recommendation, preference & price.
The Hindustan Unilever Research Centre (HURC) was set up in 1966 in Mumbai, and Unilever Research India
in Bangalore in 1997. In 2006, the company's research facilities were brought together at a single site in Bangalore.[