One of India's top fast-moving consumer goods (FMCG) businesses is Hindustan Unilever Limited (HUL). Its corporate headquarters are in Mumbai, India, and it is a division of the major global consumer products company Unilever.
Lever Brothers India Ltd, the predecessor of HUL, was established in 1933. In 1956, HUL and Hindustan Vanaspati Mfg. Co. Ltd. combined.
HUL works through various channels, including contemporary trade, general trade, and e-commerce, and has a sizable distribution network throughout India. In addition, the business has a substantial presence in rural India, significantly boosting its earnings.
In addition to its economic activities, HUL is dedicated to sustainability and has established several environmental and social goals to lessen its ecological effect and give back to society.
The firm has also won many accolades and awards for its sustainability and ethical business conduct efforts.
In this blog, let's discover more about Hindustan Unilever history and other details here.
The following provides a quick overview of Hindustan Unilever Limited history, including information on the company's owner, headquarters, market capitalization, and more.
Year Of Foundation |
17 October 1933 |
Name Of Hindustan Unilever Founder |
|
Hindustan Unilever Owner |
Unilever PLC |
Headquarter |
Mumbai, India |
Leading Team |
|
Market Capitalization |
Over 5.96 Trillion INR (approx) |
No. Of Employees |
Over 21,000 |
Number Of Countries Present In |
Over 190 Countries |
Hindustan Unilever Share Price |
2,535.00 INR (as of 04 April 2023) |
Companies | Type | Bidding Dates | |
Regular | Closes 18 Nov | ||
SME | Closes 18 Nov | ||
SME | Opens 18 Nov | ||
Regular | Opens 19 Nov | ||
SME | Opens 21 Nov |
The Indian consumer products business Hindustan Unilever Ltd (HUL), with its headquarters in Mumbai, is controlled by the British. This is because it belongs to the British business Unilever.
Foods, drinks, cleaning supplies, toiletries, water purifiers, and other quickly used commodities are among its offerings (FMCGs).
Hindustan Unilever subsidiaries that work in several sectors include-
S.No. |
Subsidiaries of Hindustan Unilever Limited |
Industry Type |
1. |
Lakmé Cosmetics |
Beauty & Skincare |
2. |
Kwality Wall's |
FMCG |
3. |
Zywie Ventures Private Limited |
Business Services |
4. |
Lakme Lever Private Limited |
Manufacturing |
5. |
Unilever Nepal |
HomeCare, Beauty & Wellbeing |
6. |
Unilever India Exports Limited |
Trading |
7. |
Hindustan Unilever Foundation |
Business & Service Activities |
8. |
Bhavishya Alliance Child Nutrition Initiatives |
Community, Personal & Social Services |
9. |
Unilever Europe Business Center B.V. |
FMCG |
10. |
Daverashola Estates Private Limited |
Manufacturing |
11. |
Jamnagar Properties Private Limited |
Real Estate & Renting |
12. |
Pond's Exports Limited |
Manufacturing |
13. |
Levindra Trust Limited |
Unlisted Public Company |
Following is detailed information about some of the HUL subsidiaries along with an overview of some top Hindustan Unilever products list-
Hindustan Unilever Limited owns cosmetics manufacturer Lakmé. It was established in 1952 as a Tata Oil Mills subsidiary before being bought by HUL in 1996.
Lakmé is one of India's most well-known cosmetics companies, focusing on skincare and cosmetics.
Hindustan Unilever Limited owns the well-known frozen desserts and ice cream brand Kwality Walls.
Since its founding in 1956, the company has become one of India's top ice cream manufacturers. Kwality Wall sells various ice cream-related items, such as cones, cups, sticks, tubs, etc.
The company is renowned for its mouthwatering tastes and premium, internationally sourced ingredients.
The privately held business with headquarters in India, Zywie Ventures Private Limited, is dedicated to providing cutting-edge products and services in medical technology.
The business is renowned for creating innovative software and hardware for the healthcare industry that may aid professionals in handling patient health data, remote monitoring, and other areas of healthcare delivery.
One of India's top businesses in the beauty and personal care sectors is Lakme Lever Private Limited, a subsidiary of Hindustan Unilever Limited.
The firm is well known for Lakme, its leading brand that sells a variety of skincare and cosmetics.
For many years, Indian women have trusted the Lakme brand because of its high-quality products that meet their many different beauty demands.
A division of Unilever, one of the biggest consumer products businesses in the world, is Unilever Nepal.
Since its establishment in Nepal in 1992, the firm has been dedicated to offering top-notch goods that meet the country's wide range of customer demands.
There are various goods from Unilever Nepal in the food and beverage, personal care, and home care sectors.
The international consumer products firm Unilever has a subsidiary called Unilever India Exports Limited.
The business is situated in India and exports Unilever items from India to other international locations. Products from Unilever India Exports Ltd are shipped in various categories, including food and drinks, personal care, and home care.
One of India's top consumer products businesses, Hindustan Unilever Limited, formed the non-profit Hindustan Unilever Foundation.
The foundation seeks to advance sustainable development and enhance the quality of life in Indian communities.
The Bill & Melinda Gates Foundation and the Tata Trusts have joined forces to create the Bhavishya Alliance Child Nutrition Programs to combat child malnutrition in India.
The initiative aims to enhance children's nutritional condition by creating and implementing novel, scalable solutions.
To find and solve the underlying causes of malnutrition, Bhavishya Alliance works with governmental entities, civil society groups, and other stakeholders.
Unilever, one of the top manufacturers of consumer goods in the world, has a subsidiary called Unilever Europe Business Center B.V.
The firm is in Rotterdam, Netherlands and is responsible for delivering various business services to Unilever's European activities.
To assist Unilever's activities in Europe, Unilever Europe Business Center B.V. offers finance, human resources, information technology, procurement, and logistics services.
The Nilgiri area of Tamil Nadu, India, is home to the tea plantation enterprise Daverashola Estates Private Ltd.
The business was founded in 1956 and is renowned for manufacturing premium tea that is well-liked in India and abroad. Almost 800 hectares of tea plantations are located at Daverashola Estates Private Limited, producing orthodox, green, and CTC teas.
Just a few details are known about Jamnagar Properties Private Limited. Yet, based on publicly accessible information, the corporation appears to be a real estate development and investment enterprise in Mumbai, India.
Jamnagar Properties Private Limited has a reputation for providing high-quality homes that satisfy its clients' expectations. It is well recognised for its luxury residential and commercial developments in Mumbai.
The global consumer products corporation Unilever has a subsidiary called Pond's Exports Ltd.
The business is in India and exports Unilever's personal care and beauty goods to several international destinations. Pond's Exports Ltd exports various interests, such as cosmetics, hair care, and skincare.
Levindra Trust Ltd is a subject about which little is known. Yet, based on information that is readily accessible, it appears that the business is a private trust with headquarters in the UK.
The trust engages in various pursuits, such as property management, investment management, and philanthropy.
In all its endeavours, Levindra Trust Ltd is dedicated to advancing social responsibility and sustainability, mainly assisting regional groups and projects. The business is renowned for its investing know-how and has a portfolio of holdings in various industries, including technology, real estate, and healthcare.
Hindustan Unilever Limited (HUL) has a long and illustrious history that dates back to India's pre-Independence era. The business started as a modest soap factory in Bombay and has since expanded to become one of India's top consumer products corporations with a broad portfolio of well-known Hindustan Unilever brands.
The company's dedication to social responsibility, sustainability, and community development has also been a defining characteristic of its success.
HUL is a shining example of a business that has expanded while adhering to its beliefs and ideals as it broadens its operations and product offering.
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Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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Research Analyst – Aakash Baid