Nitin Paranjpe

India Is Facing Most Challenging Economic Situation

India Is Facing Most Challenging Economic Situation

According to Hindustan Unilever (HUL) chairman Nitin Paranjpe, India is facing the most difficult economic situation that results in inflationary demand.  This has prompted fast-moving consumer goods (FMCG) buyers to temporarily cut back on purchases through a period of price stickiness, which was declared ‘rare’ by the company.  “India is going through probably the most…