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We should not be complacent about India; prospects in India, particularly behind digitization, are phenomenal: Unilever CEO Hein Schumacher, ET Retail

Hul: India accounts for more than 11% of Unilever s global sales and is its second biggest market after the US in terms of revenue. Hindustan Unilever, the maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India, with nearly 80% of its portfolio either gaining or retaining shares. ....

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Growing our online channels further remains a priority for us, says Manos Nikolakis, GM, BIC Cello, ET Retail

Manos Nikolakis, GM, BIC Cello, said, "While e-commerce is growing significantly across the country, the landscape of the Indian market is still heavily reliant on traditional trade. Accordingly, this remains our main sales driver. The lack of digital penetration in semi-urban and rural areas can sometimes create a challenge in the e-commerce space, which means that e-commerce is mostly relevant in bigger cities with a more mature infrastructure." ....

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We should not be complacent about India; prospects in India, particularly behind digitization, are phenomenal: Unilever CEO Hein Schumacher

India accounts for more than 11% of Unilever s global sales and is its second biggest market after the US in terms of revenue. Hindustan Unilever, the maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India, with nearly 80% of its portfolio either gaining or retaining shares. ....

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New U.S. Trade Policy Will Empower China's Tech Takeover

Recent U.S. Trade Representative actions could empower China to take a leadership role in the global tech race and author international standards that advance a very different vision for technology and society. ....

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