HUL to Invest ₹2,000 Crore in Manufacturing Capacity for Premium Categories Over 2 Years
HUL plans to invest ₹2,000 crore over the next two years to enhance manufacturing capacity in premium beauty and home care segments. This investment, approved by the company's board, aligns with HUL's strategy to focus on larger bets in high-demand areas. The initiative aims to build a future-ready manufacturing network leveraging advanced automation and digital technologies to enhance supply-chain efficiency. HUL's investment reflects its commitment to meeting evolving consumer needs and operating sustainably with 100% renewable energy.
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HUL will invest ₹2,000 crore over two years to expand manufacturing capacity in premium beauty and home care segments. The investment is approved by the company's board and will occur across multiple locations.
This aligns with HUL's strategy to focus on larger bets in high-growth areas such as skin care and personal care. The expansion will utilize advanced automation and digital technologies to improve supply-chain efficiency.
The initiative aims to create a future-ready manufacturing network and will adhere to HUL's sustainability agenda, targeting 100% renewable energy operations. In the December quarter, HUL reported 5% underlying sales growth, driven by 4% volume growth.
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