India and Global Innovation at Unilever

Mumbai: Hindustan Unilever Ltd (HUL) will look beyond its current bruising battles for market share and focus on doubling the business, the chairman of its parent said on Monday.

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Polman said Unilever was leveraging its global network through the exchange of ideas and expertise. Products developed in India such as Pureit water purifiers have been taken to other markets such as China, Indonesia and Brazil while the new range of Sunsilk shampoos developed abroad have been brought into the Indian market. Paranjpe added that Unilever sent global experts from other markets to help HUL develop capabilities to deal with modern retail chains.

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Source: "HUL sets sights on doubling business", livemint.com, 30.03.2010