UP‘H(I)LL’ TASK
HLL MUST FOCUS ON CORE AREAS
While the dawn of the new millennium brought fame and laurels to so many Indian corporates, it proved a nightmare for Hindustan Lever Limited (HLL) as it grappled with sluggish toplines and declining bottomlines. The foods business in particular was proving a major stumbling block. However, the recent decision to merge Modern Food Industries and its subsidiary Modern Food & Nutrition Industries (which HLL failed to revive after over half a decade) with itself indicates HLL’s strong commitment towards integrating its food business that contributes 25% to its topline. In recent times, HLL has been making reverberations with respect to its future strategy.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
While the dawn of the new millennium brought fame and laurels to so many Indian corporates, it proved a nightmare for Hindustan Lever Limited (HLL) as it grappled with sluggish toplines and declining bottomlines. The foods business in particular was proving a major stumbling block. However, the recent decision to merge Modern Food Industries and its subsidiary Modern Food & Nutrition Industries (which HLL failed to revive after over half a decade) with itself indicates HLL’s strong commitment towards integrating its food business that contributes 25% to its topline. In recent times, HLL has been making reverberations with respect to its future strategy.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links.
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