India. Unilever saw higher demand-led growth in India driven by price cuts due to the transition to the new tax regime. India is the second largest market for Unilever after the US, contributing nearly 9% to total sales.

MUMBAI: Consumer goods giant UnileverBSE -0.38 % said growth in India hasn’t returned to historic levels although volumes have improved following the implementation of the goods and service tax (GST) on July 1 and the company is optimistic about the future. “India has been managing its way through the disruptions from demonetisation and the new goods and services tax,” Unilever chief financial officer (CFO) Graeme Pitkethly said on an investor call. “While it’s not yet back to histo ..

MUMBAI: Consumer goods giant UnileverBSE -0.38 % said growth in India hasn’t returned to historic levels although volumes have improved following the implementation of the goods and service tax (GST) on July 1 and the company is optimistic about the future. 

“India has been managing its way through the disruptions from demonetisation and the new goods and services tax,” Unilever chief financial officer (CFO) Graeme Pitkethly said on an investor call. “While it’s not yet back to histo .. 

 
indiatimes
10/20/17
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