A Comparison of HUL and ITC: Evaluating their Levels of Excellence
India’s FMCG giants are facing challenges in an increasingly competitive market with weak consumer sentiment and rural demand. Smaller, unorganized players are growing at a faster rate, affecting the mass-segments of soaps, detergents, and tea. Hindustan Unilever (HUL), the major FMCG player, experienced a 4% growth in profit and revenues, but its volumes only grew…