History of Hll

Hindustan jimmy Ltd (HLL) is Indias largest Fast Moving Consumer Goods (FMCG) company. HLLs brands like Lifebuoy, Lux, Surf Excel, Rin, Wheel, just & Lovely, Ponds, Sunsilk, Clinic, Pepsodent, Close-up, Lakme, Brooke Bond, Kissan, Knorr-Annapurna, Kwality Walls are household name calling across the country and span a host of categories, much(prenominal) as soaps, detergents, personal products, tea, coffee, branded staples, ice cream and culinary products. These products are manufactured everywhere 40 factories across India and the associated operations involve over 2,000 suppliers and associates. Hindustan jimmy Limiteds distribution electronic network comprises somewhat 4,000 redistribution stockists, covering 6.3 million retail outlets reaching the finished urban population, and about 250 million rural consumers. HLL is also sensation of Indias largest exporters. It has been recognised as a Golden Super mavin Trading House by the Government of India. Presently, HLL has over 16,000 employees including over 1,200 managers. Its mission is to add vitality to life. The Anglo-Dutch company Unilever owns a majority stake in Hindustan Lever Limited. In the late nineteenth and early 20th century Unilever used to export its products to India.

This abut began in 1888 with the export of Sunlight soap, which was followed by Lifebuoy in 1895 and otherwise famous brands like Pears, Lux and Vim soon after. In 1931, Unilever set up its first Indian subsidiary, Hindustan Vanaspati Manufacturing Company, followed by Lever Brothers India Limited (1933) and United Traders Limited (1935). The three companies were merged in November 1956 and the new entity that came into existence after merger was called as Hindustan Lever Limited. HLL offered 10% of its equity to the Indian public, and it was the first among the foreign subsidiaries to do so. Currently, Unilever holds 51.55% equity in the company while the rest of the shareholding is distributed among about 380,000 individual shareholders and financial institutions.... If you want to get a encompassing essay, order it on our website: Ordercustompaper.com

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