Unilever Consumer Care, a subsidiary of Unilever Bangladesh Limited, logged profits in January-March of 2024 even though it posted 13 percent lower sales amid subdued consumption caused by lingering higher inflation.
In ordinary parlance, parallel importation is understood as a mechanism of selling a non-counterfeit and branded product imported from another country in the local market without permission of the trademark owner.
Highlights: Unilever plans to buy land at Kalurghat to set up manufacturing plant It aims produce import substituted items Its imported items are shampoos, variants of Ponds, liquid detergents Unilever Bangladesh is a joint venture with the govt holding 39.25% stake Unilever Bangladesh is in talks to purchase a 20-acre industrial plot in Chattogram's Kalurghat as
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