"Modern Trade is here to stay", says HUL VP

The growth of Modern Trade (MT) in India has been slow for the past so many years. But of late, the growth has been characterized by the increase in the number of private labels. And this was the main topic of discussion during the session on Modern Trade by the Vice President of Hindustan Unilever Ltd, Mr. Manish Tiwary. He delineated the growth of MT in India and its relevance to the Indian Consumer. He touched upon Unilever’s growth strategy in Modern Trade and strategies developed by the company to counter the threat of the Private Labels from Reliance and The Future Group.