HUL to deepen AI, localisation drive amid global uncertainty

Hindustan Unilever will step up investments in artificial intelligence (AI), science-led innovation, localised supply chains and premium products as it prepares for an increasingly volatile business environment, Chairman Nitin Paranjpe said on Tuesday, outlining the FMCG major’s roadmap for long-term growth.

Addressing shareholders at the company’s annual general meeting (AGM), Paranjpe said businesses can no longer afford to treat resilience as merely the ability to withstand shocks, but must use disruptions to build enduring competitive advantages. “The question is no longer whether disruption will come.

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