Latest news with #NitinParanjpe
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Business Standard
30-05-2025
- Business
- Business Standard
Indian consumer rapidly evolving due to aspirations, tech: HUL chief
'New dynamics a significant opportunity' for FMCG sector, says Nitin Paranjpe Sharleen Dsouza Mumbai India's economic development, technology and aspirations create 'significant opportunity' for the consumer goods sector, said Nitin Paranjpe, chairman of Hindustan Unilever (HUL), in a letter to shareholders in the company's annual report for FY25. India is set to deliver strong and consistent growth due to increasing affluence, a burgeoning middle class, a vibrant young working population empowered by a strong public digital backbone, and growth-oriented policies, he said. 'Economic development, technological advancements and a better quality of life have fuelled the aspirations of our consumers. These new dynamics present a significant opportunity for the FMCG (fast-moving consumer goods) sector,' he said. HUL is well-positioned to meet the evolving needs of the aspiring Indian and its strategy is 'clear, future-focused and rooted in creating value for all our stakeholders'. 'In the financial year 2024-25, the business witnessed a challenging operating environment with uneven weather patterns, volatile commodity prices and muted consumer demand.' 'Against this backdrop, your company, Hindustan Unilever, has delivered a competitive and profitable performance by navigating short-term volatility while continuing to invest for the long term. We remain confident that the future holds a host of exciting opportunities,' he said. For the 'digital native consumer', the company has adopted a social-first approach in its marketing and creating engaging content. 'We are strengthening our presence in channels of the future with a focus on Future Core and Market Maker portfolio. In fact, we are deploying the Winning in Many Indias (WiMI) 2.0 approach to reach our consumers. WiMI 2.0 is based on the understanding that consumers across the economic pyramid will have varied interests and expectations, including what they buy and where they shop,' he added. HUL is building 'distinctive moats' that will help it thrive in the future. The company is leveraging its global repertoire of technology and innovation to bring science-backed products to consumers. 'Armed with our new strategy anchored around sharper portfolio choices, excellence in new demand drivers, acceleration of moats as well as the pillars of a winning culture and focused actions on sustainability, we are ready to serve the needs and leverage the opportunities of an evolving India. We believe that in partnering (with) the nation, we are well-placed to deliver growth in the future,' said Paranjpe.
Business Standard
22-05-2025
- Business
- Business Standard
SPJIMR holds Annual Convocation 2025 with HUL's Nitin Paranjpe as Chief Guest
PRNewswire Mumbai (Maharashtra) [India], May 22: Bharatiya Vidya Bhavan's S.P. Jain Institute of Management and Research, one of India's leading business schools, hosted its Annual Convocation 2025 at its Mumbai campus on Saturday, 17 May. The event celebrated the achievements of over 800 graduating participants from across the Institute's full-time and modular postgraduate programmes, including two (2) Fellow Programme in Management (FPM) scholars. The Convocation was graced by Nitin Paranjpe, Non-Executive Chairman of Hindustan Unilever, as Chief Guest. Also, present were Mr. Deepak Parekh, Chair of SPJIMR's Governing Council; Dr. Varun Nagaraj, Dean, SPJIMR; faculty and staff; and family members of the graduating participants. Delivering the Convocation Address, Nitin Paranjpe drew upon his decades of global business experience to urge the graduating cohort to lead with purpose, resilience, and a commitment to continuous growth. Speaking of India's bold aspiration to become a Viksit Bharat by 2047, he highlighted the need for a new kind of leadership--one that is ethical, compassionate, and driven by the common good. Paranjpe shared three powerful life lessons drawn from his personal and professional journey: "There's no such thing as a good job or a bad one -- it's the mindset you bring that shapes your experience. The real joy, and the foundation for excellence, lies in loving what you do. Don't chase being the best in the world -- strive to be the best version of yourself. Continuous self-improvement is your right, your responsibility, and your greatest opportunity. Purpose is that inner force that fuels your energy and passion. When you find what truly drives you, hold on to it -- it's the most precious gift you'll ever have." In his address, Dean Dr. Varun Nagaraj shared a candid reflection on the challenges graduates face in an uncertain world--geopolitical tensionsand the dual promise and peril of AI. He urged them to enter this complex landscape with confidence, guided by SPJIMR's mission of value-based growth and wise innovation. He reaffirmed SPJIMR's commitment to nurturing leaders who combine knowledge with empathyand impact with purpose: "Tomorrow you will be a different and better person than today. Embrace a growth mindset--remember, you are a work in progress, not a finished product. The world offers no ready-made answers; solutions come only through hard work and wise innovation." Sixteen (16) top achievers across programmes were presented with Scholastic Medals by Chief Guest Mr. Nitin Paranjape, and 50 recipients from the Dean's Honour List received their commendation certificates from the Dean. Diplomas were conferred across the Institute's full-time and modular programmes, including the Post Graduate Diploma in Management (PGDM), Post Graduate Programme in Management (PGPM), PGDM (Business Management), Post Graduate Executive Management Programme (PGEMP), Post Graduate Programme in Development Management (PGPDM), Post Graduate Programme in General Management (PGPGM), and Post Graduate Programme in Marketing & Business Management (PGPMBM). The Convocation ceremony concluded with the traditional hat throw, celebrating the graduates' journey and the beginning of their next chapter as responsible, value-based leaders. About SPJIMR Bharatiya Vidya Bhavan's S.P. Jain Institute of Management and Research (SPJIMR) is a leading postgraduate management institute, recognised by the Financial Times MiM Global Rankings as India's #1 business school, by Business Today as one of the country's top five business schools, and by the Positive Impact Rating as one of the top five business schools worldwide for societal impact. Known for its innovative and socially conscious approach to management education, research, and community engagement, SPJIMR aims to influence managerial practice and promote the value-based growth of its students, alumni, organisations and their leaders, and society. SPJIMR holds the international 'triple crown' of accreditations from EQUIS, AACSB, and AMBA.
Business Upturn
22-05-2025
- Business
- Business Upturn
SPJIMR holds Annual Convocation 2025 with HUL's Nitin Paranjpe as Chief Guest
802 graduates embark on a journey to lead with integrity, passion, and a growth mindset MUMBAI, India , May 22, 2025 /PRNewswire/ — Bharatiya Vidya Bhavan's S.P. Jain Institute of Management and Research, one of India's leading business schools, hosted its Annual Convocation 2025 at its Mumbai campus on Saturday, 17 May. The event celebrated the achievements of over 800 graduating participants from across the Institute's full-time and modular postgraduate programmes, including two (2) Fellow Programme in Management (FPM) scholars. The Convocation was graced by Mr. Nitin Paranjpe , Non-Executive Chairman of Hindustan Unilever, as Chief Guest. Also, present were Mr. Deepak Parekh , Chair of SPJIMR's Governing Council; Dr. Varun Nagaraj , Dean, SPJIMR; faculty and staff; and family members of the graduating participants. Delivering the Convocation Address, Mr. Nitin Paranjpe drew upon his decades of global business experience to urge the graduating cohort to lead with purpose, resilience, and a commitment to continuous growth. Speaking of India's bold aspiration to become a Viksit Bharat by 2047, he highlighted the need for a new kind of leadership—one that is ethical, compassionate, and driven by the common good. Mr. Paranjpe shared three powerful life lessons drawn from his personal and professional journey: 'There's no such thing as a good job or a bad one — it's the mindset you bring that shapes your experience. The real joy, and the foundation for excellence, lies in loving what you do. Don't chase being the best in the world — strive to be the best version of yourself. Continuous self-improvement is your right, your responsibility, and your greatest opportunity. Purpose is that inner force that fuels your energy and passion. When you find what truly drives you, hold on to it — it's the most precious gift you'll ever have.' In his address, Dean Dr. Varun Nagaraj shared a candid reflection on the challenges graduates face in an uncertain world—geopolitical tensions and the dual promise and peril of AI. He urged them to enter this complex landscape with confidence, guided by SPJIMR's mission of value-based growth and wise innovation. He reaffirmed SPJIMR's commitment to nurturing leaders who combine knowledge with empathy and impact with purpose: 'Tomorrow you will be a different and better person than today. Embrace a growth mindset—remember, you are a work in progress, not a finished product. The world offers no ready-made answers; solutions come only through hard work and wise innovation.' Sixteen (16) top achievers across programmes were presented with Scholastic Medals by Chief Guest Mr. Nitin Paranjape, and 50 recipients from the Dean's Honour List received their commendation certificates from the Dean. Diplomas were conferred across the Institute's full-time and modular programmes, including the Post Graduate Diploma in Management (PGDM), Post Graduate Programme in Management (PGPM), PGDM (Business Management), Post Graduate Executive Management Programme (PGEMP), Post Graduate Programme in Development Management (PGPDM), Post Graduate Programme in General Management (PGPGM), and Post Graduate Programme in Marketing & Business Management (PGPMBM). The Convocation ceremony concluded with the traditional hat throw, celebrating the graduates' journey and the beginning of their next chapter as responsible, value-based leaders. About SPJIMR Bharatiya Vidya Bhavan's S.P. Jain Institute of Management and Research (SPJIMR) is a leading postgraduate management institute, recognised by the Financial Times MiM Global Rankings as India's #1 business school, by Business Today as one of the country's top five business schools, and by the Positive Impact Rating as one of the top five business schools worldwide for societal impact. Known for its innovative and socially conscious approach to management education, research, and community engagement, SPJIMR aims to influence managerial practice and promote the value-based growth of its students, alumni, organisations and their leaders, and society. SPJIMR holds the international 'triple crown' of accreditations from EQUIS, AACSB, and AMBA. Visit for more information. Photo: View original content to download multimedia: Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.
