For HUL, output has increased with the easing of curbs by the government since the lockdown was first imposed Hindustan Unilever Ltd, India’s top consumer goods maker, expects a revival in economic activity and demand to start by the end of this year or early next year though the next few quarters could be tough for the country, said Sanjiv Mehta, chairman and managing director.
In a consumption-driven economy like India, the government would need to come out with a bigger package to help stimulate demand, Mehta said in an interview with analysts at Jefferies Equity Research, which was released on Friday. “We should be absolutely clear that no one can predict with a high degree of accuracy as to what is going to happen.