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Recession risk: Consumers scared to spend, says Sanjiv Mehta, CMD – Hindustan Unilever Limited


Speaking at the company's 87th annual general meeting, Mehta observed the risk of recession remains real though it should not be taken as a foregone conclusion.

However the question remains whether these are sufficient to kick-start a virtuous spiral of growth or whether that would require a substantive demand-side stimulus. (Representative image)

The fear of losing their jobs and shrinking incomes have made people circumspect about spending, Sanjiv Mehta, CMD, Hindustan Unilever Limited (HUL), said on Tuesday.

Speaking at the company’s 87th annual general meeting, Mehta observed the risk of recession remains real though it should not be ...


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