India set to be Unilever's largest market by FY27, says Edelweiss

Company's revenue to touch Rs 77,000 cr, to surpass the US

Hindustan Unilever (HUL) could become the largest subsidiary for consumer goods major Unilever by FY27, surpassing the US unit, currently the biggest for the latter. This forecast has been made by brokerage Edelweiss in a report it released on Thursday, based on a year-on-year estimated growth rate of 9 per cent, the fastest among Unilevers markets.

HUL is already the largest in terms of volume for Unilever, Chairman and Managing Director Sanjiv Mehta had said in a conference recently, with 98 per cent of households in India using one or more HUL brands. About 45 billion units are produced annually at the