Despite growing global uncertainty, India remains firmly on track for sustainable and inclusive growth, Hindustan Unilever (HUL) Chairman Nitin Paranjpe said at the company’s Annual General Meeting on Monday.
Addressing shareholders, Paranjpe acknowledged the prevailing global instability but struck an optimistic tone about India’s economic trajectory.
“The world today is characterised by uncertainty and chaos. However, amidst this incomprehensibility, the Indian economy appears poised to continue its path to sustainable and inclusive growth,” he said.
Paranjpe said HUL is aligning its capabilities with the aspirations of a rapidly evolving India, while remaining mindful of environmental responsibilities and equitable development.
“We are building capabilities to cater to the needs of an evolving and aspiring India. Simultaneously, we are striving to ensure this growth journey does not negatively impact the environment and leaves no one behind,” he added.
India continues to be among the world’s fastest-growing economies. The country’s GDP is expected to grow at around 6.3% in the financial year 2025-26, according to IMF projections. Over the past decade, India’s GDP has more than doubled—from USD 2.1 trillion in 2015 to over USD 4.3 trillion in 2025—and is soon projected to overtake Japan to become the world’s fourth-largest economy.
Paranjpe noted that while short-term challenges persist, HUL remains committed to supporting India’s long-term economic ambitions.
