Business Daily from THE HINDU group of publications
Saturday, Apr 05, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Food & Dairy Products
Agri-Biz & Commodities - Marketing
Get Latest BSE Quote
Hind Unilever will source agri-products from farmers



Rural outlook: Mr H. Manwani, Chairman, Hindustan Unilever Ltd, and Mr D. Sundaram, Director Finance, at a meeting in Mumbai on Friday. - Shashi Ashiwal

Our Bureau

Mumbai, April 4 Hindustan Unilever Ltd will be sourcing farm products for its leading foods brand Kissan from farmers across rural India, as part of its social initiatives to mark the completion of 75 years of its corporate existence in India.

Addressing shareholders at the company’s 75th annual general meeting here on Friday, Mr Harish Manwani, Chairman, said the company was initiating several programmes to enhance livelihood.

“Kissan is targeting to source agricultural raw materials from primary producers. Now what makes it really special is that we intend to pass on the economic benefits of this backward integration back to the farmers,” he said.

The company also intends to enhance the livelihoods of 75,000 women across rural India in 2008. “We plan to partner with NGOs to augment their efforts by bringing in technical and managerial expertise in this area. The other leg is Project Shakti, our rural distribution initiative. It has made a big difference already to 45,000 women across 15 States by providing them sustainable livelihoods. Our target is to cover one lakh villages across India by 2010,” he said.

It has identified five key platforms to drive its sustainable strategy and as part of this it would work in the areas of health and nutrition, women empowerment and focus on water conservation and cutting greenhouse gases.

On the environment front, Mr Manwani said the company embraced Unilever’s target of 25 per cent reduction in carbon dioxide from energy in manufacturing operations for every tonne of production by 2012. It recently developed a new process of manufacturing soap based on plough share mixer technology, which eliminates the need for steam in soap making. “This technology cuts carbon emissions by 15,000 tonnes per year,” the Chairman pointed out.


Unilever, now a $ 55-billion global company, plans to increase its business from the Developing and Emerging (D&E) market like India from the present level of 44 per cent of its total business to 50 per cent by 2010.

More Stories on : Food & Dairy Products | Marketing | Hindustan Unilever Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Clasic Hiring

Stories in this Section
Exports overtake domestic sales for auto majors


Auto cos meet alloy steel producers on price issue
A primer on corporate hedging
Inflation climbs to 7%; Govt continues fire-fighting
Rising inflation: India may be neighbours’ envy
Balance growth and inflation, says Kamath
Capital goods, bank stocks dip on high inflation
Hind Unilever will source agri-products from farmers
`SARAL' format for small cos soon
SEBI set to issue norms for real estate schemes ‘very soon’
Bankers readying for wider repo rates band
Markets in bear grip again
Amendments that don’t measure up


BusinessLine E-paper



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line