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India's consumption landscape: Consumers acquire a taste for premium as mass market lags

At Hindustan Unilever, the country's biggest consumer company by both sales and market value, the story isn't vastly different. The FMCG bellwether said its premium portfolio expanded more than two-and-a-half times the mass segment over the past few quarters.

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Consumers Acquire a Taste for Premium as Mass Market Lags

Hindustan Unilever and United Spirits together present a study in contrasts that seemingly reinforces the current purchasing trends in Indias consumption sector.

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India's consumption landscape: Consumers acquire a taste for premium as mass market lags, ET Retail

At Hindustan Unilever, the country's biggest consumer company by both sales and market value, the story isn't vastly different. The FMCG bellwether said its premium portfolio expanded more than two-and-a-half times the mass segment over the past few quarters.

Hindustan , India-general- , India , Mumbai , Maharashtra , Johnnie-walker , Rohit-jawa , Devangshu-dutta , Hindustan-unilever , United-spirits , Diageo-controlled-united-spirits

United Spirits names new CEO

United Spirits names new CEO
14th December, 2020 by Nicola Carruthers
Diageo-controlled United Spirits has appointed Hina Nagarajan as CEO, taking over from Anand Kripalu who will step down from the firm in June 2021.
Diageo executive Hina Nagarajan will become CEO of United Spirits in July 2021
Nagarajan, the current managing director of Africa regional markets (ARM) at Diageo, will become CEO-designate on 1 April 2021, and will take over the CEO position on 1 July 2021. She will also join Diageo’s executive committee, reporting to John Kennedy, president of Europe and India.
The new role will see Nagarajan move to Bangalore, India, where United Spirits is headquartered, in April. She will work closely with Kripalu on ensuring a smooth handover. Kripalu will depart United Spirits on 30 June to ‘pursue the next phase of his career’.

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