Business »  Topic »  A year after FMCG slowdown, HUL still talking about recession, but for a different reason this time

A year after FMCG slowdown, HUL still talking about recession, but for a different reason this time


The bellwether of FMCG industry HUL is again talking about recession albeit because of different reasons this time. The coronavirus pandemic is threatening the growth of many industries, and FMCG is not immune either.

The coronavirus pandemic is threatening the growth of many industries, and FMCG is not immune either.

A year ago, the FMCG slowdown made headlines merely days after Hindustan Unilever, which is usually very cautious in its commentary, made a remark that alarmed analysts and industry watchers alike. “While FMCG is recession resilient, it is not recession proof,” the management had said in May 2019, following March ...


Read the full text financialexpress