Hon’ble Nepal PM visits HUL Head Office
Appreciates HUL’s contribution to strengthening local economy.
The Rt. Hon'ble Prime Minister of Nepal Mr. K.P. Sharma Oli visited the Head Office of Hindustan Unilever Limited (HUL) on Wednesday, February 24th along with his wife, Mrs Radhika Shakya, Ministers of his cabinet, Ambassador of Nepal to India, and Business leaders from Nepal.
Mr Oli was welcomed by Hindustan Unilever Limited (HUL) CEO and MD Mr. Sanjiv Mehta and his wife Mrs Mona Mehta, and Unilever Nepal Chairman Mr. Pradeep Banerjee and his wife Mrs. Sarmistha Banerjee. Our Joint Venture Partner and Director of Unilever Nepal Limited Mr. Ravi Bhakta Shrestha was also present on the occasion.
During the visit, Mr. K.P. Sharma Oli said that Nepal offers excellent opportunities for growth to industries. The policies of his Government will foster growth of existing and new industries in Nepal. He added that Unilever Nepal Limited is an excellent example of how the businesses have prospered and grown in Nepal and at the same time catalysed local development through direct and indirect employment.
On this occasion, Mr. Sanjiv Mehta said, "Nepal holds a lot of significance for us culturally, socially as well as in our business. Unilever Nepal happens to be one of the successful operating units among Unilever countries contributing significantly to the growth of local industry and economy."
About Unilever Nepal Limited
Unilever Nepal was established in 1992 and today it is one of the most successful industries operating in Nepal.
In 2014-15, Unilever Nepal Limited’s revenue from operations stood at NPR 4.89 billion and business grew by 12% in a challenging operating environment. Net profit was NPR 1.03 billion and dividend per share was NPR 990, which grew 15%. Unilever Nepal Limited has one factory located at Basamadi village, Hetauda with 206 employees. It is supported by four job-working units which have 327 employees.
About Hindustan Unilever
Hindustan Unilever Limited is India's largest Fast Moving Consumer Goods company with its products touching the lives of nine out of ten households in India. HUL works to create a better future every day.