PROFILE |
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Hindustan Lever Limited (HLL), a 51%-owned subsidiary of Anglo-Dutch giant Unilever, has been prying its way into India since 1888. HLL, India's largest consumer goods company, markets products such as beverages, food, and home and personal care goods. Its more than 110 brands include Kwality Wall's ice cream, Lifebuoy soap, Lipton tea, Pepsodent toothpaste, and Surf laundry detergent. HLL also markets atta (a type of meal), maize, rice, salt, and specialty chemicals, and its export division ships castor oil and fish. The company plans to reduce the number of its brands from 110 to a "power portfolio" of 30 of its best sellers.
COMPETITION |
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Food Corporation of India (dossier)
Nestlé S.A. (NSRGY)
The Procter & Gamble Company (PG)
DEALS |
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Deal: Hindustan Lever, iVillage Team for Indian Women's Site
Date Announced: 01.17.01
Value of transaction (US $Mil): 0
Description: Indian Unilever subsidiary will partner with Internet-content provider iVillage to develop a Web site for women in India.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 2,330.70
1-Yr. Sales Growth: 4.5%
Employees: 40,000
Revenue per employee: $58,267.50
KEY PEOPLE |
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M. S. Banga
CEO
D. Sundaram
CFO
CONTACT INFO |
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Hindustan Lever House, 165/166 Backbay Reclamation
Mumbai 400 020, India
Phone: 91-22-287-0622
Fax: 91-22-287-1970
Online: Web Site
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