HLL also rules the Indian market with over six million retail outlets, which is the result of the excellent distribution network that HLL has. Not surprisingly, the FMCG segment contributes to three quarters of total revenues and over 90% of the company profits. On another front, HLL continues to divest interests in its subsidiary firms & brands – the Dalda brand sell-off to the food giant Bunge being the most famous, and the sale of its49% shareholding in Quest International India Ltd. for Rs.540 million on May 26, 2006, being the most recent. A shrewd firm by all parameters, HLL smashes into the top ten list at #9!
For complete IIPM Article click here
Source:- IIPM Editorial, 2006
Visit:- IIPM Publication, Arindam Chaudhuri Initiative and B&E.
For complete IIPM Article click here
Source:- IIPM Editorial, 2006
Visit:- IIPM Publication, Arindam Chaudhuri Initiative and B&E.
