Hindustan Unilever (HUL) is planning to increase soaps prices by up to 6 per cent in a phased manner to offset the rising cost of palm oil. Prices of palm oil in the last six months have gone up by 25 to 30 per cent.
HUL is India’s largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of nine out of ten Indian households.