Tea defies inflation: Unilever India drops prices due to commodity cost and localisation improvements

By Pearly Neo

29-Nov-2022 - Last updated on 29-Nov-2022 at 00:46 GMT

Hindustan Unilever Limited (HUL), the company's India arm, has attributed its move to reduce tea prices to its successful 'Winning in Many Indias' business model as well as a rare drop in commodity pricing for tea.

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